Phil Murphy signs N.J. sports betting law. You can start betting on Thursday.

Get ready to place your bets, New Jersey. For real this time.

Gov. Phil Murphy on Monday signed a law that finally authorizes legal sports betting in New Jersey, ending a nearly decade-long saga that included a multimillion court battle against the nation’s top sports leagues and a landmark ruling from the nation’s highest court.

Monmouth Park racetrack in Oceanport is planning to become the first parlor in the Garden State to accept bets on professional and college sports games, starting Thursday at 10:30 a.m.

That’s just in time for the start of the World Cup, which begins the same day.

“Today, we’re finally making the dream of legalized sports betting a reality for New Jersey,” Murphy said in a statement Monday after signing the law, which lays out how the state will regulate and tax the betting.

The governor said the move will “attract new business and new fans, boosting their own long-term financial prospects.”

“This is the right move for New Jersey and it will strengthen our economy,” Murphy added.

The law A4111 allows people age 21 and over to bet both over the internet and in person at New Jersey’s casinos, racetracks and former racetracks.

But online betting isn’t permitted to begin for 30 days, and not every casino or track is ready to start accepting wagers.

The move is expected to bolster the state’s struggling casino and horse-racing industries and allow the state to reap millions annually in new tax revenue, situs judi online by tapping into what has long been a billion-dollar, but predominantly illegal, market.

Murphy’s signing comes a month after the U.S. Supreme Court gave New Jersey a victory in its seven-year quest to legalize sports betting — a case that cost the state $9 million in taxpayer money. The court overturned a 1992 federal ban on such wagering, allowing states across the country to permit it.

A quick tutorial on sports betting

New Jersey will become the second state outside of Nevada to authorize sports betting. Delaware beat the state by about a week.

Until the Supreme Court’s ruling, Nevada — home to Las Vegas — was the only state in the nation with full-scale legal sports wagering.

“It’s history in the making,” state Assemblyman Ralph Caputo, D-Essex, one of the sponsors of New Jersey’s law, said Monday. “This is one of those moments when you’re pleased you serve as an elected official. This is in an instance where you provide something that’s good for the public, that’s good for the citizens, that cleans up an industry that needs to be changed, and hopefully helps New Jersey’s economy.”

Betting can’t begin right away because there’s still one hurdle left. The New Jersey Racing Commission — which will grant sports betting licenses to tracks — is scheduled to meet Wednesday to review emergency regulations. After that, Murphy must ratify the decision and tracks can apply for a temporary waiver to begin accepting bets.

New Jersey governor signs bill allowing sports betting

By WAYNE RRY | The

ATLANTIC CITY, N.J. AP — Gamblers in New Jersey will be able to start betting on sports by Thursday under legislation the governor signed Monday legalizing a pastime that has long lived in the shadows of organized crime and shady offshore operators.

Gov. Phil Murphy, a Democrat, signed the bill just three weeks after the state won a U.S. Supreme Court victory paving the way for all 50 states to allow sports gambling. The new law allows licensed casinos and racetracks to offer sports betting in a taxed, regulated setting. The bill unanimously passed the state Legislature last week.

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Monmouth Park, a horse track near the Jersey shore that has been preparing for this day for more than a year, said it would start taking bets Thursday morning, with Murphy making the first one, though it wasn’t certain it would be first out of the gate.

The Borgata, Atlantic City’s top casino, said it is “moving ahead with all possible speed” to start sports wagering but could not immediately say when it might take its first bet. Most other Atlantic City casinos, along with Freehold Raceway, also plan to offer sports betting but have not laid out a timetable to begin.

The Golden Nugget, situs judi bola which won’t be able to take bets on pro basketball because its owner also owns the NBA’s Houston Rockets, said it would begin taking bets on other sports by the time football season begins in September, as did the Meadowlands Racetrack in East Rutherford, near New York City.

Online wagering on sports won’t take effect for another month, but gamblers able to place a bet in person can line up to place bets on the opening matches of World Cup soccer, the U.S. Open golf tournament or a variety of Major League Baseball games.

“Our casinos in Atlantic City and our racetracks throughout our state can attract new business and new fans, boosting their own long-term financial prospects,” Murphy said. “This is the right move for New Jersey and it will strengthen our economy.”

Dennis Drazin, chairman and CEO of Darby Development, which operates Monmouth Park, called it “a great day for New Jersey.”

“After a thorough review of the legislation, Governor Murphy has taken decisive and swift action in the best interests of New Jersey’s economy and sports fans across our state,” he said. “I look forward to the governor joining us at Monmouth Park Racetrack on Thursday morning to usher in a new era for New Jersey by placing the first bet.”

Murphy’s office would not predict which team the governor would choose for his first wager.

He signed the new law four days after the Democrat-led Legislature sent it to him, making New Jersey the second state after Delaware to allow sports wagering since the Supreme Court decision that cleared the way for such gambling.

“We led the fight for sports betting, and it is now happening,” state Senate President Steve Sweeney said. “We can now capitalize on the opportunities we worked for with a new sector of sports gaming that will help create jobs, generate economic activity and be an important boost to the state’s casinos and racetracks.”

The law is seen as a modest help to Atlantic City’s seven casinos, which recently have regained their footing after five others closed down since 2014. But two of those are due to reopen later this month.

The tracks, in particular, are desperate for the new revenue stream that sports betting will generate; they have been prohibited from offering slot machines like so-called “racinos” in other states.

writer Michael Catalini in Trenton, New Jersey, contributed to this report.

New Jersey governor’s signature paves way for sports betting

Reuters – New Jersey Governor Phil Murphy on Monday signed a bill to legalize sports betting, opening the door for the state to begin regulating and taxing the activity at casinos and racetracks.

FILE PHOTO: New Jersey Governor Phil Murphy speaks after taking the oath of office in Trenton, New Jersey, U.S., January 16, 2018. REUTERSLucas JacksonFile Photo

“Our casinos in Atlantic City and our racetracks throughout our state can attract new business and new fans, boosting their own long-term financial prospects,” Murphy said in a statement. “This is the right move for New Jersey and it will strengthen our economy.”

Monmouth Park Racetrack, where the U.S. unit of U.K.-based William Hill PLC has already built a sports book, expects to take its first bet at 10:30 a.m. on Thursday, a park spokesman told Reuters.

State gaming and racing regulators, agen sbobet which are scheduled to meet this week, still have to issue emergency regulations to cover the roll out at facilities that already have sports betting licenses.

Murphy’s signature positions New Jersey to be the second U.S. state to potentially roll out full-scale sports wagering, after Delaware last week.

Some states are rushing to implement sports betting in the wake of a U.S. Supreme Court decision in May that overturned a 1992 law banning it in all but a few places, including Delaware which had only allowed limited wagers.

Gross sports betting revenues at New Jersey’s casinos and horse racetracks will be taxed at 8.5 percent. After 30 days, the state will allow online bets as well, which will be taxed at 13 percent.

People placing bets must be at least 21 years old. Athletes, coaches, referees and other people with influence over games or access to confidential information are not allowed to bet on their own league’s sport.

Betting is also prohibited on high school and college games taking place in New Jersey or involving the state’s own such teams.

Professional sports leagues, most of which fought states’ efforts to legalize sports betting for years, say the New Jersey bill does not contain any of the fraud fighting provisions they need to protect the integrity of games.

Reporting by Hilary Russ in New York; Editing by Sandra Maler and Cynthia Osterman.

Sadio Mane and Kalidou Koulibaly are the world-class stars in attack and defence, respectively, but the Lions of Teranga also have a rock-steady midfield corps with the likes of Idrissa Gueye, Cheikhou Kouyate and Alfred Ndiaye.

Throw in the attacking flair of players such as Keita Balde Diao, M’Baye Niang and Moussa Sow, and both Poland and Colombia could find genuine competition for the top spot. Senegal are 150-1 to win the entire competition.

World Cup 2018 Odds for Favorites, Sleepers and Every Squad

Germany are favourites to retain their crown at the 2018 FIFA World Cup in Russia, which kicks off on Thursday before the titleholders open their tournament against Group F rivals Mexico on Sunday.

Joachim Low’s men beat Argentina to the title in 2014, and La Albiceleste are fourth favourites as Lionel Messi enters what is likely to be his last chance at clinching the ultimate prize in football.

Meanwhile, Brazil are alongside Germany as joint-favourites and are hoping to avenge their semi-final humiliation from four years ago, when they lost 7-1 to the eventual winners.

A tournament host hasn’t won the World Cup since France were triumphant in 1998, agen piala dunia posing bad omens for Russia, while Group G contenders Belgium will be considered a dark horse to keep an eye on.

OddsShark provided a breakdown of odds on some of the leading 2018 World Cup favourites, along with some of the long shots in the field:

OddsSharkm for 2018 World Cup odds in full.

2018 World Cup Groups

Group A: Russia, Saudi Arabia, Egypt, Uruguay

 

  • Group B: Portugal, Spain, Morocco, Iran
  • Group C: France, Australia, Peru, Denmark
  • Group D: Argentina, Iceland, Croatia, Nigeria
  • Group E: Brazil, Switzerland, Costa Rica, Serbia
  • Group F: Germany, Mexico, Sweden, South Korea
  • Group G: Belgium, Panama, Tunisia, England
  • Group H: Poland, Senegal, Colombia, Japan
  • Favourites and Sleeper Stakes

    Much of the World Cup’s title focus has been pinned on Germany and Brazil in preparation for Russia, with the 2014 semi-finalists touted for a potential rematch in the final at the Luzhniki Stadium in Moscow.

    But Germany are attempting to win back-to-back World Cups, a feat managed only twice in 20 tournaments, and Didier Deschamps’ France side may have something to say about who the best team in Europe is.

    Though Les Bleus are some way off Germany in the overall stakes, the odds aren’t as one-sided:

    Deschamps’ side are blossoming at the right time and were gifted arguably the easiest draw of any top-seeded team. They should breeze past Group C opponents Denmark, Australia and Peru, and it bodes well that the most difficult-looking of that trio, the Danes, are last in their fixture list.

    That’s without mentioning the depth of talent in the French ranks at present, and Fox Sports presenter Daniel Garb highlighted some notable omissions:

    The road to the final won’t be an easy one for Germany, but it will be far more treacherous if they fail to top Group F.

    Sweden and South Korea have their charms but are perhaps not the same threat as Mexico, who have developed well under manager Juan Carlos Osorio.

 

Online Gambling Payment Processing Climate Could Improve With Sports Betting

When the New Jersey online gambling industry went live in November 2013, there were plenty of hiccups. When sports betting goes live, you can expect similar speed bumps.

One of the biggest hurdles legal online gaming had to overcome was the alarming number of credit card transactions that were declined. Things have certainly improved, but even five years in, payment processing continues to be a thorn in the side of the industry.

After years of denying offshore gaming transactions, banks and credit card providers haven’t shown much of an interest in changing longstanding policies in order to give special exemptions for the trio of states that legalized certain forms of online gambling.

To shed some light on how online gaming payment processing has changed over the past five years, and what problems still exist that could impact legal sports betting, Online Poker Report reached out to Neil Erlick, the executive vice president of Business Development, Payment Processing at Paysafe.

The role Paysafe plays in online gaming

Paysafe is one of a select few payment companies that works with both consumers and merchants.

The company offers a wide variety of products and services, situs judi online from traditional payment processing solutions, to digital wallets NETELLER and Skrill, to the prepaid Paysafecard.

“With more  than  five years of experience in providing online payment solutions  to  regulated state and  provincial lotteries in North America and over 15 years of providing secure payment processing to licensed  iGaming operators in Europe, Paysafe is in a unique position to identify opportunities that goes beyond  our standard payment processing  capabilities,” Erlick told OPR.

“Our payment processing solutions encompass all of  the  tools and services that merchants require, providing reliable, engaging and pleasant customer experiences  in a global environment, and are powered by market‐leading technology, extensive internal and external  relationships, and outstanding service.”

Paysafe is also the parent company of the ome Access Group.

ome Access provides affiliate tracking solution to more than 200 individual gaming affiliate programs across North America and Europe. The company is the sole supplier of affiliate marketing software to regulated online casino and poker brands in the New Jersey and Nevada markets.

Getting everyone on the same page is vital

Since New Jersey’s slow start, payment processing has improved, but there is still a long way to go.

“We have seen a lot of difference being made with respect to credit card acceptance,” Erlick said.

Erlick highlighted the new Merchant Category codes MCC for legal online gaming that were installed in April 2015, and other improvements include:

Ongoing outreach to banks and credit cards

 

  • Steering customers to accepted payment methods
  • The addition of new payment processing options
  • According to Erlick, offering a one-stop-shop of payment processing options is also helpful, as it streamlines the entire process.

 

Online betting case: Bookie may be tried under MCOCA

THANE: The Thane crime branch is contemplating to invoke the stringent Maharashtra Control of Organised Crime Act MCOCA, 1999, against the accused in the online betting case. If invoked, then it would be the first betting case in the country to be slapped with MCOCA. Sources said that currently they are examining the legality to apply MCOCA and the move could act as a deterrent to curb betting cases. A senior police official said, under MCOCA, the accused will not be able to get bail for a year. If the accused is chargesheeted and convicted then the maximum punishment will be life imprisonment.

“During the probe, situs judi bola it was brought to our notice that the accused were repeat offenders as even bookie Sonu Jalan had nearly five cases registered against him. In order to impose a more stringent punishment against the habitual offenders, we are trying to invoke MCOCA against them,” said a senior police officer.

The police, after scanning the laptops and mobiles of Jalan, have found that more than 100 bookies were in contact with him.

“We are currently decoding their names as the betting circuit uses certain codes to maintain their confidentiality. In the a next few days the others will be summoned for questioning,” said Pradeep Sharma, senior police inspector of the anti-extortion cell. Meanwhile, Jalan has been remanded to police custody till June 2. Appearing for Jalan his advocates Sagar Kadam and Rahul Dangale told the court that the police had already seized his mobile and laptop and under the gambling act it is a bailable offence. The duo also argued that the police did not serve notice under Section 41A of the CrPC. In her order, the magistrate noted that there is need for a detailed investigation and interrogation of the accused. So, the accused will be remanded to police custody till June 2.

He signed the new law four days after the Democrat-led Legislature sent it to him, making New Jersey the second state after Delaware to allow sports wagering since the Supreme Court decision that cleared the way for such gambling.

“We led the fight for sports betting, and it is now happening,” state Senate President Steve Sweeney said. “We can now capitalize on the opportunities we worked for with a new sector of sports gaming that will help create jobs, generate economic activity and be an important boost to the state’s casinos and racetracks.”

The law is seen as a modest help to Atlantic City’s seven casinos, which recently have regained their footing after five others closed down since 2014. But two of those are due to reopen later this month.

The tracks, in particular, are desperate for the new revenue stream that sports betting will generate; they have been prohibited from offering slot machines like so-called “racinos” in other states.

New Jersey governor signs bill allowing sports betting

ATLANTIC CITY, N.J. — Gamblers in New Jersey will be able to start betting on sports by Thursday under legislation the governor signed Monday legalizing a pastime that has long lived in the shadows of organized crime and shady offshore operators.

Gov. Phil Murphy, a Democrat, signed the bill just three weeks after the state won a U.S. Supreme Court victory paving the way for all 50 states to allow sports gambling. The new law allows licensed casinos and racetracks to offer sports betting in a taxed, regulated setting. The bill unanimously passed the state Legislature last week.

Monmouth Park, a horse track near the Jersey shore that has been preparing for this day for more than a year, said it would start taking bets Thursday morning, with Murphy making the first one, though it wasn’t certain it would be first out of the gate.

The Borgata, Atlantic City’s top casino, agen sbobet said it is “moving ahead with all possible speed” to start sports wagering but could not immediately say when it might take its first bet. Most other Atlantic City casinos, along with Freehold Raceway, also plan to offer sports betting but have not laid out a timetable to begin.

The Golden Nugget, which won’t be able to take bets on pro basketball because its owner also owns the NBA’s Houston Rockets, said it would begin taking bets on other sports by the time football season begins in September, as did the Meadowlands Racetrack in East Rutherford, near New York City.

Online wagering on sports won’t take effect for another month, but gamblers able to place a bet in person can line up to place bets on the opening matches of World Cup soccer, the U.S. Open golf tournament or a variety of Major League Baseball games.

“Our casinos in Atlantic City and our racetracks throughout our state can attract new business and new fans, boosting their own long-term financial prospects,” Murphy said. “This is the right move for New Jersey and it will strengthen our economy.”

Dennis Drazin, chairman and CEO of Darby Development, which operates Monmouth Park, called it “a great day for New Jersey.”

“After a thorough review of the legislation, Governor Murphy has taken decisive and swift action in the best interests of New Jersey’s economy and sports fans across our state,” he said. “I look forward to the governor joining us at Monmouth Park Racetrack on Thursday morning to usher in a new era for New Jersey by placing the first bet.”

Murphy’s office would not predict which team the governor would choose for his first wager.

Global Online Gambling and Betting Market: Betting Companies to Bet on Entry into Smartphone Apps

William Hill PLC, Playtech PLC, and Paddy Power Betfair PLC were the dominant players in the global online gambling and betting market for 2015. The market had also seen the names Amaya, ., and Ladbrokes Coral Group PLC marked as highly promising players expected to generate larger shares for themselves over the coming years.

According to a research report released by Transparency Market Research, the overall competitive landscape in the global online gambling and betting market is expected to become consolidated after experiencing a growth in the number of mergers and acquisitions. The nature of the market leaves very little scope for service differentiation which is currently restricting the entry for new players. Furthermore, the policies and regulations surrounding online gambling and betting are also highly stringent in several regions, leaving little scope of growth for new entrants. The global online gambling and betting market is expected to reach US$96.89 bn by 2024. The market is projected to expand at a CAGR of 10.8% from 2016 to 2024, and is expected to reach US$42.63 bn by the end of 2016.

Get PDF Sample of This Report .transparencymarketresearchmsamplesample.php?flag…

Online Gambling and Betting Companies Counting on Growing Scope of Smartphone Gaming

There is a clear increase in the number of consumer electronics being used by the day in all countries and across all economic levels. agen piala dunia The growing number of consumers using smartphones, tablets, and other portable electronic media and entertainment devices are currently a high priority demographic for the global online gambling and betting market. A TMR analyst states, “The expansive scope of consumer reach that these players can achieve through the use of smartphone apps alone is strong enough for them to consider creating standalone gambling and betting portals for mobile users. This allows the global online gambling and betting market to generate a staggering amount of income from users that like to play or bet using their smartphone on the go, rather than having to access websites on PCs or kiosks.”

Other factors driving the global online gambling and betting market include the incorporation of VR devices into online gambling games as a means to attract greater consumers with higher disposable incomes, and the added marketing attempts to bring conventional gamblers towards the online portals.

Multiple Key Regions Still Not Relenting Regulatory Pressure on Legal Gambling

One of the leading restraints acting on the global online gambling and betting market currently is the heavy regulatory pressure acting on the players based in the regions of North America, The Middle East, and Asia Pacific. The U.S. especially is a highly potent region for the global online gambling and betting market in terms of consumer pool, but is under extremely strict prohibitions and regulatory restrictions over the use and operation of online betting and gambling portals. As for The Middle East and Asia, the Muslim-dominated nations severely frown down on gambling or betting of any kind. However, the regulatory pressure on online gambling is expected to ease up over the coming years in the U.S. as their numbers and demand grow and present better tax return options to the states.

Sportingbet view: Arsenal

Our official betting partner Sportingbet take a look at the odds on offer for tonight’s Carling Cup third round tie against Arsenal at the Lane…

One of English football’s great rivalries is renewed on Tuesday night after the Carling Cup hat saw fit to draw Spurs v Arsenal at the first attempt this season, and the home side are 65 favourites to repeat their 200708 success.

That 5-1 drubbing at the Lane lives on fondly in Spurs fans’ memories and with Arsene Wenger surely set to stick with the kids in this competition, who’s to say there can’t be a repeat showing of that 1001 shot?

Much will depend on what kind of side Harry Redknapp selects now that Tottenham share their rival’s Champions League consideration, situs judi online but the inevitable Gunners’ youngsters are 1910 with Sportingbet.

The draw at 90 minutes could be a worthy punt if you think we’re in for a tight encounter on Tuesday night, with 2310 on offer for the prospect of extra time. And if you consider it a close enough contest, perhaps the To Qualify market is for you, where Spurs are 1320 and Arsenal 1110 to reach the Fourth Round.

If on the other hand it’s another Gunner-thumping you fancy, you can take your pick from 3-0 201, 3-1 161 or even 4-1 401 for some tastier prices.

Expect some squad players to do the business for Spurs? Tip Giovani to be First Goalscorer at 71 or else back the likes of Sandro 251 and Niko Kranjcar 81 in the same market.

And if you’re still to sign-up with Sportingbet, make sure you register an account now to take advantage of our limited time offer of a £50 Free Bet.

Simply log on and back your hunch at odds of at least 15 and we’ll match your bet with a free stake, giving you plenty of opportunity to find that winning score at Sportingbetm!

Blandford, who founded online bookmakers Sportingbet, also thinks that Tom Scudamore has a good chance on The Giant Bolster.

“I think Bobs Worth will win it,” said Blandford, this morning.

“It does look quite an open race but I think he’s the class horse.”

Herefordshire trainer Venetia Williams has 66-1 shots Katenko and Houblon Des Obeaux in the big race, which starts at 3.20pm on Friday.

Blandford added: “The other Herefordshire connection for the Gold Cup is Tom Scudamore riding The Giant Bolster and he’s a good horse. It’s quite telling that he’s 16-1 in the pricing.”

Eight-time champion jockey Peter Scudamore revealed his favourite for the Gold Cup at last week’s ‘From the horse’s mouth’ pre-Cheltenham Festival evening at the Castle House in Hereford.

There was disappointment at the festival yesterday Tuesday for Checkley owner Stewart Williams when King Massini was unseated his rider in the Baylis and Harding Handicap Chase.

CrownBet Could Rebrand as Sportingbet after William Hill Australia Takeover

Australian online sports betting operator CrownBet might rebrand as Sportingbet after buying William Hill’s Australian business, local news outlet The Australian reports. CrownBet was recently acquired by Canadian gambling giant The Stars Group, the parent company of online poker room PokerStars that purchased British operator Sky Betting & Gaming earlier this year.

First news about the future rebranding of the betting company emerged in April, when The Stars Group’s CEO, Rafi Ashkenazi, said that CrownBet Chief Matt Tripp intended to change the name of the combined CrownBetWilliam Hill Australia entity. According to The Stars Group estimates, the newly merged business could create gross cost synergies of about A$50 million by 2020.

British bookmaker William Hill entered the Australian gambling market in 2013 when it acquired Sportingbet’s local business, which also included the Centrebet and Tom Waterhouse brands, for £459.4 million. Early in 2018, William Hill announced that it was reviewing its Australian operations and it was considering a sale.

The sale was confirmed late in February, when CrownBet was selected as the winning bidder. Paddy Power, bet365, and Ladbrokes, too, bid for William Hill’s Australian entity. It was announced at about the same time that Canada’s The Stars Group was buying a 62% stake in CrownBet from Australian casino operator Crown Resorts. It was understood several weeks later that the Canadian gambling group has increased its interest in CrownBet to 80%.

While CrownBet has not confirmed yet that it would be rebranded as Sportingbet, it is believed that that name would be chosen due to Tripp’s prevous involvement with the brand. situs judi bola The executive and his family were actually the founders of the sports betting business.

He has recently told The Australian that his father was delighted and extremely happy that the Sportingbet business was back in the family.

CrownBet’s acquisition of William Hill’s Australian business created the nation’s third largest online sports betting operator, with Tabcorp, which recently merged its operations with rival Tatts in an A$11 billion deal, and Paddy Power’s Sportsbet being the two largest.

It is interesting to note that Sportsbet was once owned namely by Tripp and the success of the brand could, to a great extent, be attributed to his stewardship. He bought it in 2005 for A$250,000 to sell it nearly six years later to Paddy Power for the amount of A$338 million. As mentioned above, Sportsbet has meanwhile grown into one of the top operators into the highly competitive Australian sports betting field.

As mentioned, CrownBet is yet to comment on the planned rebranding of its business. The company told The Australian that it would disclose further details in due course but only after it had notified its customers about all future changes related to the major gambling operator, its branding, and its operations.