Nj Sports Gambling License
Five New Jersey properties applied for sports betting licenses yesterday. Two brick-and-mortar casinos requested brand new licenses, and three other properties applied for online wagering licenses.
The sports betting applications came after New Jersey Department of Gaming Enforcement Director David Rebuckindicated that July 16 was an important deadline. To wit, after July 16, Rebuck said that he could not guarantee approvals would come before the beginning of football season.
He also clarified that a late application would not disqualify a property from a mid-season approval. However, it would be likely that the DGE wouldn’t get to the application until after the season began, either.
- New Jersey online sports betting. New Jersey became the first state in the USA to license sports betting in 2018, when they successfully overthrew the professional and Amateur Sports Protection Act, which was the legislation which outlawed sports betting across the country.
- New Jersey, home to Atlantic City, has relatively permissive gambling laws, which permit licensed casinos and horse race wagering. One of the main gambling-based offenses in New Jersey is operating a casino or other gambling institution without a state permit.
There is no filing fee for the license amendment. A nonprofit organization that cancels a bingo or raffle event will receive a credit for the license fee. The LGCCC will waive the late fee for any nonprofit organization that files a late renewal registration. DGE Director David Rebuck told ICE Totally Gaming this week that operators should apply now for New Jersey sports betting licenses, rather than wait for a SCOTUS decision, if they want a piece of. Another month, another sports betting record in New Jersey. The state's gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set.
So, which New Jersey properties do we know applied?
For his part, Rebuck declined to identify the companies who applied. He left it to the companies themselves to announce their identities.
So far, only two casinos have claimed responsibility for the applications. The biggest group of applications came from the Caesars properties.
First and foremost, Caesars applied for an in-person license for Harrah’s Atlantic City, which is located in the Atlantic City Marina District. This license would allow Caesars to compete on sports betting with MGM’s Borgata, which has offered sports betting since June 14.
Caesars also applied for a license for Bally’s Atlantic City, which would also serve the Caesars Palace property next door once it’s in place. Caesars also applied for permission to offer mobile wagering at all three of its properties.
The only other property we know about isGolden Nugget, which applied for in-person and mobile betting licenses. No other properties have confirmed that they applied.
The oncoming football season is driving the activity
Rebuck assured the Associated Press that the approval process should complete several applications by Aug. 1.
“I fully expect that by Aug. 1 we will see additional properties up and running,” he said. An Aug. 1 approval would give properties roughly one month to get operations in place before the NFL’s season begins.
The NFL season officially kicks off on Sep. 5. The first full Sunday of games will play on Sep. 7.
However, the revenue potential more than justifies the struggle for many properties. If the typical activity in Nevada is any clue, football wagering brings a river of money to sportsbooks.
In January 2018, Nevada sportsbooks reported revenues of $291 million – for just that month. For the Super Bowl, experts estimate that wagering may range north of $5 billion on the one game.
The first month (well, 17 days) of New Jersey sports betting collected $16.4 million in wagers. However, the resulting $300,000 of tax revenue fell well short of state projections.
So, both the state and the properties have vested interests in being ready for football season. Let’s hope that the DGE and two of the largest casino companies in the world can get it done in time.
New Jersey Sports Betting
New Jersey has won the fight to legalise sports betting in the USA!
Sports fans in the state had long agitated for a regulated sports betting industry, with billions of dollars being punted with illegal offshore gambling sites annually, and the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act (PASPA) effectively paved the way.
This means NJ residents can now legally wager online with one of many betting sites, which includes some of the biggest names in the global gambling industry, as long as they have partnered with a local casino.
Top legal NJ betting sites 2020
Pointsbet: An Australian-founded company that has pushed into the NJ market, among other areas in the US, that has quickly established itself as a popular option for sports betting fans. Read our Pointsbet NJ review.
Caesars: One of the most respected gambling brands in the US, now has its own sport betting product, which includes both retail betting and online wagering. Caesars is a top option for NJ sports bettors. Read our Caesars review.
DraftKings: While DraftKings was initially about fantasy sports, the company has progressed through to being a sports betting option through their partnership with Resorts Casino & Hotel and Hollywood Casino. Read our Draftkings NJ review.
William Hill: One of the oldest betting brands in the world, William Hill has partnerships with Monmouth Park, Ocean Resort and the Tropicana, on top of a physical presence at NHL team the New Jersey Devil’s headquarters, the Prudential Center. Read our WilliamHill NJ review.
Golden Nugget: Regularly leads all-comers in terms of money spent at a single betting handle in New Jersey. It’s easy to see why the Golden Nugget Casino sportsbook is so popular, with a state of the art of the land-based betting facility and a top-notch online betting portal. Golden Nugget sits comfortably among the top NJ online betting sites. Read our Golden Nugget review.
Betstars: Owned by giant gambling company The Stars Group, Betstars has got an outstanding reputation in New Jersey. Boasts arguably the slickest interface out of all the betting options in the state. Is partnered with Resorts Casino in NJ. Is expected to rebranded to FOX Bet in the coming months. Read our Betstars review.
FanDuel: One of the most popular fantasy sports sites in New Jersey, FanDuel is now diving headfirst into sports betting, with their site already drumming up some interest in the state. Has a partnership with Meadowlands Racetrack. Read our NJ Fan Duel review.
PlayMGM: A highly visible brand in the USA, PlayMGM has launched an online sportsbook servicing the regulated betting market in NJ. PlayMGM betting has a physical base at the Borgata Casino, but it’s their online arm that has already gained a solid following. While sports betting is covered extensively, PlayMGM does not have any horse racing betting available. Read our PlayMGM review for further information.
New Jersey online sports betting
New Jersey became the first state in the USA to license sports betting in 2018, when they successfully overthrew the professional and Amateur Sports Protection Act, which was the legislation which outlawed sports betting across the country.
New Jersey was at the forefront of a fight to legalise sports betting in the USA. The home of Atlantic City long been advocated to regulate an industry that Nationally had been estimated to be worth close to $200 billion annually.
But from May 14, when the Supreme Court handed down its ruling, sports betting became legal in the state with this allowing legislators to create a regulated environment. It also was a test case for other states, who are now able to legislate sports betting.
Several of the USA’s biggest sporting organisations, including the National Basketball Association, National Football League and the Major League Baseball have indicated they would prefer a Federal approach to gambling, rather than a patchwork of laws across the country.
Prior to the Supreme Court verdict, betting sites in New Jersey were not covered by law. This means you could bet with offshore betting sites without the fear of repercussion from authorities.
Now upwards of 10 betting sites have launched servicing the New Jersey area, with these including UK giants like Bet365 and William Hill. Most of the regulated betting options also have downloadable iOS and Android apps.
Another of the best parts about betting in New Jersey is that all of the online betting sites have got sign up or bonus bet offers available, which is a great way for players to pad their bankroll.
While the online sports betting industry is still so young in New Jersey, there are constant changes, including new sportsbooks being launched regularly, with some of them being from the biggest gambling companies in the world.
Nj Sports Gambling License Plate
Feature of NJ sport bettings sites
- Sports betting free bets
- Watch sports live via online sportsbooks
- Betting promotions surrounding the big events like the NBA and NFL
Online casinos in New Jersey
It is perfectly legal to gamble with online licensed in New Jersey. The catch is they must be associated or partnered with various land-based casinos.
This means it’s illegal to wager with offshore casinos while in the borders of New Jersey, and you must play with casinos licensed by the New Jersey Division of Gaming Enforcement.
These laws were introduced in February 2013 by Governor Chris Christie and enacted in November 2013.
Our top 3 legal casinos for New Jersey are:
Golden Nugget Casino: Has won North American Casino of the year several years in a row. Has great customer service, quick payouts, many deposit methods and over 450 games.
www.CaesarsCasino.com: Gives all new customers a deposit bonus up to the value of $300 and has some other great promotions available. Customer support is 24/7 while payouts generally take between 3-5 days.
www.betfaircasino.com: One of the most well known gambling brands in the world. Has partnered with Golden Nugget Atlantic City to be granted permission to operate in New Jersey. Payouts are quick and there is a good game selection.
Online poker in New Jersey
Online poker falls into the same category as online casinos in New Jersey, meaning you are free to wager with online sites associated with a land-based casino in the state.
PokerStarsNJ: The biggest poker brand in the world couldn’t wait to get into New Jersey. As you would expect the product runs flawlessly and the banking is first rate. All new customers get $30 free no deposit bonus.
How to fund gambling accounts in New Jersey
While sports betting online has traditionally made deposits hard to do, the newly-regulated industry has made this significantly easier, with payment blocking that afflicted offshore sites now a thing of the past. These days you can use things like your credit and debit cards and web wallets like Neteller to fund your casino and sports betting accounts.
Deposits at NJ betting and casino operators usually include:
- Visa
- ACH
- MasterCard
- Prepaid Card
- Neteller
- PayNearMe Cash
- Cash At Casino
* Cash at casino allows you to fund your online account at the casino associated with the site you wish to gamble at.
Major sports teams in the New Jersey area
New Jersey may not have its own NBA or NFL team but there are several of these teams heavily supported in the area. Various college teams from the state are also heavily supported.
NHL: New Jersey is represented by the Devils in the NHL with the team currently in the Metropolitan Division.
NFL: The New York Giants and New York Jets are heavily adopted by people living in New Jersey, with the big apple around 1.5 hours from the heart of New Jersey. The NFL, which culminates in the Super Bowl, is one of the biggest sports betting events in the USA with all of the top NJ betting sites covering this competition. Read our NFL betting guide to find out more about the top-flight American football competition.
Minor League Baseball: The Lakewood Blue Claws are a minor league team affiliate with the Philadelphia Phillies that play in the Class A South Atlantic League. Trenton Thunder are also based in NJ and play in the American League East. The New Jersey Jackals are also based out of Passaic County, New Jersey and feature in the minor leagues. The Somerset Patriots are another pro baseball team in the area that feature in the Atlantic League of Professional Baseball.
Major League Soccer: The New York Red Bulls play in the American professional soccer league, with the team based in Harrison New Jersey. They are a member of the eastern conference.
Nj Sports Gambling License Plates
Nj Sports Gambling License Renewal
One of the best ways to follow the New Jersey professional or semi-professional sports teams is via the New Jersey Star Ledger, the no.1 print news publication in the state.
Gambling laws in New Jersey
New Jersey became the first state in the USA to license sports betting in 2018, when they successfully overthrew the professional and Amateur Sports Protection Act, which was the legislation which outlawed sports betting across the country.
This lead to new legislation being introduced in New Jersey which allows sports betting operators to partner with a land-based casino or gambling venue to deliver both retail and online wagering.
It also paved the way for other states in the USA to legalise sports betting, with more than five others following the lead of New Jersey.
Nj Sports Gambling License Requirements
One of the biggest sticking points with punters in New Jersey has been the demand from the NJ Division of Gaming Enforcement that you hand over you Social Security Number when betting online.
The NJ Division of Gaming Enforcement announced towards the tail-end of 2019, it would allow betting sites to begin accepting bets on esports, a pursuit that had previously been disallowed.
About the NewJerseySportsbet.com team
Sports betting is in the blood of the team of NewJerseySportsBet.com and we take great pride in presenting accurate and timely information about the online sports betting and gambling industries. We also only employ people who understand the landscape in this USA state which has been a leader in getting sports betting legalised in the USA.
We are always looking for new contributors, both in paid and unpaid positions, and you can reach us via our contact us page, to enquire about these positions.