New Jersey
- NCAA basketball powers New Jersey to $1.3bn in March sports betting handle
- What’s happening in US sports betting?
- New Jersey sets monthly record with $1.7bn in online sports wagering handle
- New Jersey clears $1.6bn in November handle for new monthly record
- Making history: Celebrating a decade of igaming in New Jersey
- New Jersey igaming and sports betting revenues continue to rise in October
- AGA: Regulated igaming in US on upward trajectory at 10-year marker
- New Jersey igaming and sports betting revenues jump by double-digits in September
- New Jersey sports betting revenue surges 47% in August despite offseason lull
- New Jersey regulator issues illegal sportsbook warning ahead of new season
- Fox Bet slapped with $80,000 New Jersey fine over college betting breach
- New Jersey reports double-digit growth in igaming and sportsbook revenue during July
- Kindred has “great confidence” in new US proprietary tech platform amid early gains
- Glitnor Group to acquire 37.5% stake in PlayStar
- PlayUp USA faces uncertain future after New Jersey regulator revokes license
- Hard Rock plots sportsbook revamp ahead of in-house migration
- New Jersey lawmakers agree five-year igaming legal extension
- New Jersey lawmakers reduce igaming extension period with new amendment
- New Jersey to mull legislation against “deceptive or fraudulent” gambling ads
- New Jersey sees double-digit percentage growth in sportsbook and igaming during May
- New Jersey Attorney General unveils new responsible gambling arsenal
- New Jersey in race against the clock over igaming legalization extension
- Slots Tracker: Fortune Coin survives at summit as top-six positions shift in May
- Kindred Group launches new proprietary tech platform for Unibet in New Jersey
- New Jersey beefs up responsible gambling regime with new initiatives
- Kindred Group given New Jersey proprietary platform go-ahead
- Slots Tracker: All change in March as Fortune Coin dethrones IGT’s Cleopatra
- Prophet Exchange secures $10m funding to fuel market expansion plans
- New Jersey lawmakers pass resolution condemning “overproliferation” of gambling ads
- PlayStar nets ex-Entain and bet365 lead as head of marketing operations
- Prophet Exchange reaches $1m in total volume of matched Super Bowl bets
- AGA: 2022 a bumper year for US sports betting and igaming as revenue grows by double digits
- New Jersey harnesses player data analysis in RG initiative
- Slots Tracker: Light & Wonder closes out 2022 with December rankings’ top spot
- PlayStar lands $15m investment from Meyer Global Management
- Slots Tracker: No change in November as Light & Wonder’s 88 Fortunes delivers again
- Caesars censured by New Jersey regulator over $27k hockey bet refusal
- New Jersey sportsbook revenue jumps 19% in September as handle grows by double-digits
- Slots Tracker: Business as usual for Light & Wonder as fall dawns with no change in slots rankings
- Gambler accuses BetMGM of robbing him of winnings in $29m lawsuit
- Mojo launches in New Jersey with goal of creating stock market for NFL players
- Sporttrade launches first US regulated sports betting exchange
- Slots Tracker: H2 dawns with Light & Wonder still leading the rankings
- Taking slots across the pond
- Prophet Exchange begins US push with New Jersey launch
- FanDuel one step closer to bringing branded sportsbook to Las Vegas
- Bally’s reveals igaming focus amid sportsbook push
- Slots Tracker: Rankings unchanged in July as Light & Wonder and IGT continue to dominate
- Catena Media inks major US media partnership with Advance Local
- Slots Tracker: Light & Wonder retains top spot in June amid all change in top six slots
Is sports betting legal?
Yes
New Jersey Governor Phil Murphy placed the first legal sports bet at Monmouth Park Racetrack on June 14, 2018. DraftKings was the first operator to launch a mobile sports betting app (on Resorts’ license) on August 6, 2018.
Regulator details
New Jersey Division of Gaming Enforcement
1300 Atlantic Avenue
Atlantic City, NJ 08401
609-984-0909
Director: David L. Rebuck
LEGALIZATION DATE
June 11, 2018
MARKET LAUNCH DATE
Retail: June 14, 2018
Online: August 6, 2018
AUTHORIZED OPERATORS
Commercial casino, racetrack & online operators
RESTRICTED BET TYPES
In-state collegiate teams and events
AGE REQUIREMENT
Must be 21+
BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person
TAX RATE
9.75% on retail sports betting revenue
14.25% on online/mobile sports betting revenue
TAX REVENUE ALLOCATION
Tax revenue from casino retail and online operations is applied to the Casino Revenue Fund and Casino Reinvesting Development Authority for marketing and promotion of City of Atlantic City.
Tax revenue for racetrack retail and online operations is applied to the General Fund and local municipalities.
LICENSE FEES
$100,000 initial license fee
$125,000 annual license renewal fee
OFFICIAL DATA MANDATE
None
INTEGRITY FEE
None