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Legal Sports Betting in New Jersey Launches this Thursday

Legal Sports Betting in New Jersey Launches this Thursday | Gambling News

New Jersey wasted little time in becoming the second state in the United States after Nevada to offer legalized sports betting within its borders. This followed an extended court battle against the some of the major sports leagues and NCAA college sports. The Garden State has changed the entire scope of sports betting in the US when the Supreme Court ruled in its favor against the current federal laws on the books banning sports betting outside of Nevada in early May.

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Governor Phil Murphy picked up the fight that former governor Chris Christie started. On Monday, he signed into law the legal right for New Jersey casinos and racetracks to offer sports betting as part of their real money gambling options.

Will Online Sports Betting In New Jersey Be Legal?

In a recent post on NJ.com, the particulars of how you can bet on sports in New Jersey were explained ahead of this Thursday’s planned start at Monmouth Park racetrack in Oceanport. There are still a few minor hurdles to clear with the New Jersey Racing Commission before the all the tracks receive temporary waivers to start accepting sports bets, but this appears to be a formality that should not disrupt Monmouth’s plans to open its sportsbook at 10:30 a.m. on Thursday morning.

While Monmouth is the frontrunner in the state for sports betting, Meadowlands Racetrack in East Rutherford has plans to have its sportsbook up and running by football season. Freehold racetrack will also offer sports betting, but its actual start-up date has yet to be announced. Interestingly enough, two sites of former racetracks in Cherry Hill and Atlantic City have been given permission to offer sports betting even though those facilities have been replaced with residential and commercial development.

The New Jersey casinos are also busy making plans to join Monmouth with sportsbooks of their own. All eight Atlantic City locations are working as fast as they can to get them opened with borgata casino leading the charge. This is the top casino in Atlantic City when it comes to real money gambling revenue and, while plans are in the works, it has yet to announce its start-up date. The Golden Nugget is shooting for the start of the football season, but none of other six casinos in this coastal resort town have released a specific timeline.

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As far as online sports betting, the new law does make provisions for the casinos and racetracks to offer this option. There is a 30-day waiting period since, in the spirit of the law, the state would like to direct its initial sports betting traffic to the brick-and-mortar locations. The new state law for sports betting does not extend to any of New Jersey’s off-track betting sites. Any bookmaking activities outside the realm of a casino or racetrack and eventually their online betting sites is still prohibited.

Betting odds for all games involving professional teams will be on the betting board at New Jersey sportsbooks. However, when it comes to betting on college sports, you will not be able to bet on games involving New Jersey schools and any college games being played in the state.

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Legal Sports Betting in New Jersey Launches this Thursday | Gambling News
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Legal Sports Betting in New Jersey Launches this Thursday | Gambling News
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New Jersey wasted little time in becoming the second state in the United States after Nevada to offer legalized sports betting within its borders. This followed an extended court battle against the some of the major sports leagues and NCAA college sports.
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