How do you place a sports bet in New Jersey?
Atlantic City has a rival!
The history of online sports gambling in New Jersey began in 2011, when the state passed legislation to allow sports betting at its casinos and racetracks. However, the major sports leagues and the federal government opposed the move, and the law was challenged in court.
It wasn’t until 2018 that New Jersey was finally able to legalize sports betting. In May of that year, the US Supreme Court struck down a federal law known as the Professional and Amateur Sports Protection Act (PASPA), which had banned sports betting in most states. With PASPA no longer in effect, New Jersey was free to legalize and regulate sports betting within its borders.
In the months that followed, the state’s casinos and racetracks quickly established sportsbooks, offering a wide range of betting options on a variety of sports. However, the industry really took off when online sports betting was legalized in August of 2018. This allowed New Jersey residents and visitors to place bets on their favorite sports teams from the comfort of their own homes or on their mobile devices.
Since the launch of online sports betting in New Jersey, the industry has grown rapidly, with dozens of sportsbooks operating within the state. Some of the biggest names in sports betting, such as FanDuel and DraftKings, have established a major presence in the state and are among the top performers in terms of revenue.
The success of online sports betting in New Jersey has been a model for other states. States looking to legalize and regulate the industry. Today, more than two dozen states have legalized sports betting in some form. With many following New Jersey’s lead by allowing online and mobile sports betting.
Overall, the legalization of online sports betting has been a major boon for the New Jersey economy. Moreover, generating millions of dollars in tax revenue and creating jobs in the industry. It has also provided sports fans with a new and exciting way to enjoy their favorite sports. Lastly, while giving them the opportunity to win big on their bets.
How do you place a sports bet in New Jersey?
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Division of Gaming Enforcement – New Jersey Office of Attorney General (njoag.gov)
