New Jersey legalizes sports betting

The state that sparked the legalization of betting in all American states will start accepting bets later this week.

Via the New York Times, New Jersey governor Phil Murphy signed on Monday a bill that legalizes sports wagering in the state whose lawsuit to overturn the federal ban made it to the Supreme Court. The betting will commence on Thursday.

“Today, we’re finally making the dream of legalized sports betting a reality for New Jersey,” Murphy said in a statement, per the Times. “It means that 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. This is the right move for New Jersey and it will strengthen our economy.”

The real question is if when betting will be available through mobile devices, allowing wagers to be placed by people who haven’t left their homes. Eventually, daftar poker bets will surely be placed during Jets and Giants games at MetLife Stadium, on a variety of specific propositions like the outcome of a given play or a given drive.

Sports wagering at the casinos will be overseen by the state Division of Gaming Enforcement.

Monmouth Park operator Dennis Drazin said, pending approval, anyone is welcome start betting Thursday morning at the track — but a few dignitaries will place the first wagers.

Murphy is expected to be first, but Drazin said former Gov. Chris Christie, state Senate President Stephen Sweeney, state Assembly Speaker Craig Coughlin, U.S. Rep. Frank Pallone, and former state Sen. Raymond Lesniak are also invited.

“We have more than one teller,” Drazin noted.

Lesniak, the Union County Democrat who spent years leading New Jersey’s fight for sports betting, said he was “relieved” by Monday’s news.

His first bet? “France to win the World Cup,” Lesniak said.

Under the law, you cannot bet on high school sports, on college events taking place in the state, or any event involving a New Jersey college team anywhere.

The Borgata, Atlantic City’s top casino, also has a sports betting parlor ready to go. But while officials there said they’re “moving ahead with all possible speed” to open, they could not immediately say when that would happen.

Both the city’s Golden Nugget casino and Meadowlands Racetrack in East Rutherford said they should have betting up and running by the start of football season in September.

Atlantic City’s other six casinos and the state’s other racetrack, Freehold Raceway, are also expected to eventually have sports wagering. The law also allows former tracks — in Atlantic City and Cherry Hill — to accept bets.

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