Atlantic City’s Bally’s and Harrah’s under the ownership of Caesar’s Entertainment seem set to open temporary sportsbooks with the intention of launching sports-betting this week. This follows approval having been received from the New Jersey Division of Gaming Enforcement in the past fortnight, and photographs being leaked via social media showing what appears to be […]
It has been widely reported that DraftKings, the daily sports fantasy company is looking to raise $200 million dollars in investor funds and to obtain a valuation of $1.5 billion in a bid to take the sports betting national market by storm. Adam Krejcik, industry analyst at Eilers & Krejcik Gaming has said that based […]
There is no holding NJ Sports Betting back, as a further five applications have been received by the New Jersey Division of Gaming Enforcement just this week. Two of these applications are for land-based sports betting; while the remaining three are for mobile applications. Of critical importance, specifically for sportsbooks, is to have their licenses […]
The first month of legalized New Jersey sports betting has been exhilarating, and with the first revenue results out, many pundits are asking whether we are seeing an emerging pattern or whether June is simply the anomaly of an unfolding industry. With Borgata and Monmouth Racetrack opening their sportsbooks on the same day, Monmouth Park […]
Meadowlands becomes New Jersey’s fourth sportsbook to offer sports betting on 14 July 2018 The East Rutherford location will not only be attracting natives from New Jersey, but is sure to be well supported by residents of New York, who do not yet have sports betting legislation approved to enjoy the new SCOTUS provision locally. […]
New Jersey Government closure might result in the shutdown of Racetracks New Jersey’s racetracks could have already run their race. With a government shutdown in the Garden State set to take place soon, punter, racing trackings, casinos and the NJ Sports Betting may be forever changed in just a few days. According to NJ.com, racetrack […]
11th June saw Governor Phil Murphy sign bill A4111 into legislation for the legalization of New Jersey sports betting. The ruling by the US Supreme court in May ended years of legal wrangling and petitioning. Monmouth Park was the first to open in-person betting just three days later, and within 30 days online and mobile […]
Sports Betting in New Jersey has been received with enormous enthusiasm, but pragmatically, it is an extension of the gaming environment, and will, likewise be subject to the same stresses and strains which characterize the industry from an operational and transactional perspective. Digital payments have been a challenge from the outset in 2013 when New […]
“Today we’re finally making the dream of legalized sports betting a reality for New Jersey” – these were the words of Governor Phil Murphy as he signed the sports betting legislation into law on 11th June, following the legislature having passed the bill unanimously the previous Thursday, 7th June. The passing of the new law […]
The past few months have seen some exciting legislative amendments, which are rapidly changing the landscape of online gaming. May was especially exciting for New Jersey with some huge changes –many of which have not even gone live yet as lawmakers finesse local state legislation. The first few weeks of May were abuzz as shared […]