4/12/2022

Nj Sports Gambling License

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Licenses are required of casino owners and operators, casino employees, and companies that do business with casinos in order to ensure that those involved with this industry meet the statutory requirements of good character, honesty and integrity and to keep the New Jersey casino industry free from organized crime. 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. Washington, D.C.’s Office of Lottery and Gaming on Tuesday morning opened the application process for sports betting licenses. There are four licensing categories listed — operator, management services provider, supplier and occupational — and the fees differ per license, the highest being $500,000 for a Class A license in one of the four professional sports venues approved for sports.

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.

New Jersey sportsbook operator power rankings. Presently, the NJ online sports betting industry has been dominated by two license holders, one a horse track with a locational advantage and ties to a daily fantasy sports giant, the other a smallish Atlantic City casino that has linked arms with an even bigger DFS behemoth. Five pro and college sports leagues — the NFL, NBA, MLB, NHL, and NCAA — spent years suing New Jersey to stop the state, saying legal sports betting would hurt the integrity of their games.

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.

Nj Sports Gambling License Requirements

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.

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.

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.

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.

The NJ sports betting landscape is constantly changing. Here we are in the third full NFL season since New Jersey legalized sports betting, and operators are still entering the market.

Expansions, additions and mergers all continue to make their mark on the industry, an industry that celebrated a record-breaking handle in August and now boasts 18 apps and 11 retail books.

And it’s likely the sports betting landscape will be changing even more before 2020 ends.

Here is a closer look at the recent movement and what it means for the future of NJ sports betting.

Tipico Sportsbook prepping for launch … soon

We don’t know exactly what day it will be, but Tipico will be offering NFL odds sometime this fall. The DGE signed off on allowing soft-play mobile wagering under the Ocean Casino Resort license.

The ruling is dated Sept. 24, and Tipico’s New Jersey website is live with the words “launching this fall.” Even though the testing phase was cleared to commence “on or after 12 noon on Sept. 24,” the actual start date is vague.

Once Tipico finalizes its launch plans, the five-day testing phase, or soft-play period, will begin. The first two dates will be for a period of eight hours each. The session increases to 14 hours on day three, followed by back-to-back 24-hour periods.

If the operator has a specific week or month in mind, the details are being kept quiet. New Jersey is the first US market Tipico will enter. However, the company is well-established in Germany, where it is the leading operator.

Tipico now has offices in Hoboken.

“We are very excited to be expanding our mobile sportsbook offering to a new international market,” said Joachim Baca, CEO at Tipico Group, in a press release.

“At Tipico, we are truly passionate about enhancing the thrill of sport, bringing fans even closer to the game they love. Regulatory approval from the state of New Jersey is another significant step toward introducing US consumers to our unique sports betting platform.”

Again, there is no mention of an exact launch date. But Tipico likely won’t want to miss out on the bulk of the NFL regular season.

Sometime this month seems a realistic option for NJ sportsbook app No. 19.

Is Freehold Raceway too late to NJ sports betting?

Freehold Raceway is arriving two years late, but the Monmouth County racetrack quietly started taking sports wagers on Sept. 24.

And the announcement came with very little fanfare.

Freehold, which is co-owned by Penn National and Greenwood Racing, has yet to hold a grand opening ceremony. At this point, one doesn’t seem to be planned. Just last week, the racetrack’s website was updated with the small detail of the Parx Sportsbook at Freehold Raceway being open.

Details regarding operating hours are missing. Same goes for the number of betting windows or where the wagering space is located. Play NJ called Freehold in hopes of getting more information, but there is no “hit this number to reach the sportsbook” option, at least not yet.

We’ll chalk it up as a work in progress.

The problem is the Garden State already has 10 established retail operations. One of them, the William Hill-branded operation at Monmouth Park, is just a 30-minute drive away from Freehold.

Whether or not the Freehold sportsbook gains any ground, attracts customers or builds revenue remains to be seen, but it has some stiff competition.

Barstool Sportsbook and a path into New Jersey

On the flip side, the door is now open for three online skins to launch under the Freehold license. Online is where NJ bettors do the bulk of their wagering. In August alone, 90% of the $667.9 million handle came via NJ sports betting apps.

In all likelihood, the Parx sportsbook app will be one of those Freehold skins.

But the realistic possibility of Barstool Sportsbook making its NJ debut sooner rather than later is the real headliner here.

Nj Sports Gambling License Plates

Penn National invested in the media company and currently owns a 36% stake. Now that Freehold has its sports wagering license, there is a path for Barstool Sportsbook.

Barstool is hoping it can compete with FanDuel Sportsbookand DraftKings, who are the clear market leaders among NJ operators.

But Barstool is the brand that people are talking about right now. It is a media company with 66 million monthly unique visitors. So, as with DraftKings and FanDuel, there is an established audience familiar with the brand.

A successful debut in Pennsylvania gives Barstool the spotlight. At the same time, the Barstool brand would give Freehold a bit of a boost over the more established license holders.

There is little question that Barstool Sportsbook will make its way to NJ. It’s the when and how that remains a mystery.

William Hill is not slowing down

Last week, Caesars Entertainment announced it was purchasing William Hill in a $3.7 billion deal. This pairing will likely make the brand even stronger in New Jersey.

In fact, William Hill and Caesars were already busy before the pending acquisition came to light.

By now, anybody who follows the industry knows the William Hill name. It is prevalent in Nevada and has apps up and running (or in the works) in several other states. The bookmaker with European routes continues to double down on the NJ market, too.

Besides Monmouth, there are four sportsbooks inside Atlantic City casinos that bear the William Hill name. The Wild Wild West casino and Harrah’s Resort recently received brand makeovers.

On the mobile side of things, the sports betting app now includes a William Hill NJ online casino. Like Freehold, the rollout is quiet and slow.

This is just the tip of the iceberg, though.

With this deal plus the merger with El Dorado Resorts, William Hill and Caesars are more interconnected than ever before. A future Caesars Sportsbook by William Hill app is in the pipeline, of course, but additional changes are expected.

Caesars and William Hill have numerous partnerships in place, including two with ESPN and CBS Sports. Combined, the two gambling companies have a lot more clout — in New Jersey and beyond.

Surpassing 20 NJ sports betting apps

Having a market with 20 or more apps shouldn’t come as a surprise at this point.

Back in 2019, DGE Director David Rebuck spoke about such a possibility:

“So let’s say by the start of NFL season and September, the 13 would probably be approaching into the 20s.”

Sure, that didn’t exactly happen as fast as he predicted. But in a little more than two years since mobile sports betting went live, the Garden State market went from a handful of platforms to almost 20.

Nj Sports Gambling License

By giving license holders the option to have multiple skins, New Jersey created not only a robust industry but also a healthy dose of competition. And operators see the market’s success and future potential.

That can only be good news for customers.

Nj Sports Gambling License Renewal

Otherwise, Freehold wouldn’t have spent all that time and energy going through the licensing process. Tipico wouldn’t be so excited about its pending NJ launch.

Nj Sports Gambling License Plate

And William Hill would have taken more of a business-as-usual approach instead of expanding.

The way the current landscape is looking, betting that there will be more than 20 apps before 2020 comes to a close looks like a winning ticket.

Don’t quote us on that, though.