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Sports betting in New Jersey

Driven by the opinion in the landmark sports betting case, Murphy vs. NCAA in May of 2018, New Jersey has now become a hotbed of sports gambling action. New Jersey has long been a pillar of American gambling, but the Atlantic City casinos were obviously struggling to stay afloat in recent years due to a myriad of reasons.

The legalization of sports betting has revitalized the gambling market in the state, with record revenues already being realized in the first year of sports wagering operations. Online sports betting has proven to be very popular. Over 70% of all sports betting now takes place online and the handle is growing every month to new records heights. With more sportsbooks entering New Jersey this is just the beginning of online sports betting. 

It is currently legal to gamble in New Jersey. Types of gambling currently permitted in New Jersey include table games, sports betting, online casino, horse racing, off-track betting, lotteries, as well as social and charity gambling. Legal, in-state online sports betting was introduced in New Jersey in 2013.

Any NJ online sports betting operator must apply within the New Jersey Division of Gaming Enforcement. The NJDGE website says – “Gaming related CSIE’s and their key personnel/qualifiers must demonstrate good character, honesty, and integrity as well as financial stability, integrity, and responsibility. Qualifiers must not have engaged in any conduct that is prohibited by Section 86 of the Casino Control Act.” There is also a filing fee that must be paid.



Top 3 Sportsbooks in New Jersey

FAQ

Is Online Sports Betting Legal in New Jersey?

Yes, sports gambling was legalized in New Jersey recently in June 2018. The first legal wager was on DraftKings Sportsbook on August 3, 2018.

When did Sports Betting open up for wagers in New Jersey?

The first legal wager was taken Thursday, June 14, 2018, on Monmouth Park Racetrack.

Are Sportsbooks at US Sportsbonus Licensed in New Jersey?

Yes, all sportsbooks at US Sportsbonus are licensed and legal in New Jersey.

What state in the US holds the largest sports betting handle?

In May of 2019, for the first time ever, New Jersey passed Nevada in sports betting handle. New Jersey sports betting produced $318.9M in handle in May 2019. Nevada sports betting produced $317.3M in handle in May 2019 and has shown no signs of slowing down.

What's the likely reason for New Jersey sports betting handle being larger than Nevada

Mobile betting has been credited as the chief reason for the surge in New Jersey handle, as the online apps have excelled in NJ, whereas NV has gone out of their way to protect brick and mortar casinos and have levied more restrictions on mobile sports betting.

How many casinos in Atlantic City offer sports betting?

In Atlantic City, there are seven brick-and-mortar casinos and two racetracks that hold licenses to offer online gambling on sports.

What is the legal age for online sports betting in NJ?

To gamble in New Jersey you have to be at least 21 years of age.

Where can I gamble online on sports in New Jersey?

There are many legal and licensed online sportsbook to choose between in New Jersey.

DraftKings
William Hill NJ
FanDuel
Caesars
Fox Bet
PointsBet
SugarHouse
BetMGM
888sport
Resorts
Golden Nugget
Hard Rock
BetAmerica
theScore
Bet365

Brick-and-Mortar Casinos and Racetracks

In Atlantic City, there are seven brick-and-mortar casinos and two racetracks that hold licenses to offer online gambling on sports. Each license holder has the option to launch multiple “skins” going into partnerships with companies that offer the software solution for NJ online sports betting.  Every online sportsbook in NJ must have a land-based licensed casino partner which makes these skins extremely lucrative as each brick-and-mortar casino and racetrack can offer three skins on top their own operation.

Brick-and-Mortar CasinosRacetracks
Bally’s Atlantic CityMeadowlands Racing and Entertainment
Borgata Hotel Casino & SpaMonmouth Park
Golden Nugget Hotel Casino & Marina
Hard Rock Hotel Casino
Ocean Resort Casino
Tropicana
Resorts Casino Hotel Atlantic City

Which NJ Sports Betting sites are Legitimate?

Any operators approved by the state of New Jersey can offer sports betting. Below is the current list of online sports betting operators in New Jersey. All of these operators have both an Android and iOS app.

 

SportsbookLand-Based PartnerSports Betting Partner(s)Android & iOS appLaunch date
DraftKingsResortsSB Tech/KambiYesAug 6. 2018
FanDuelMeadowlandsBetfair/IGT/GANYesSep 1, 2018
FoxBetResortsResortsYesSept 13, 2018
William HillGolden NuggetWilliam HillYesSep 1, 2018
PointsBetMeadowlandsN/AYesDec 11, 2018
CaesarsCaesarsScientific GamesYesSept 6, 2018
SugarHouseMonmouth ParkKambiYesAug 23, 2018
ResortsResortsSB TechYesJan 31, 2019
888sport square logo888sportCaesars888YesSept 10, 2018
Golden NuggetGolden NuggetSB Tech/Scientific GamesYesFeb 19, 2019
BetMGMBorgataGVCYesAug 22, 2018
Hard RockHard RockGiGYesJan 26, 2019
BetAmericaGolden NuggetSB TechYesFeb 2, 2019
Bet365Hard RockBet365YesAug 22, 2019
Borgata SportsBorgataGVCYesMay 14, 2019
The ScoreMonMouth ParkBet WorksYesSoft launched, Aug 16, 2019
UnibetHard RockKambiYesSept 10, 2019

There are many forms of approved payment services for online sports betting in New Jersey:

  • Instant Check (or ACH) – direct, secure connection to a bettor’s checking account
  • PayPal
  • Online Banking Transfer
  • Prepaid Cards
  • Credit/Debit Cards
  • Bank Wire Transfers
  • E-wallets

How to identify licensed Sportsbooks

There are plenty of offshore sportsbooks that take bets from US (and New Jersey) residents without being legal. The easiest way to identify such sites is to look at the domain ending, for example: .eu, .ag or .lv. Basically any domain prefix apart from .com should be considered as suspicious and will not be licensed in the state of New Jersey.

All licensed (or at least most) online sportsbooks will have the official DGE seal somewhere in the footer of the site so look out for this logo before registering and depositing money.

Who Can Online Sports Bet in New Jersey?

  • Age limit: 21+
  • Location Requirements: You must be in the state of New Jersey to place any wagers. Do not have to be a resident, but physically within the State while wagering
  • Payment Requirements: Depend on online sites being utilized. Standard is Amount equal to entire site credit must be wagered before winnings can be withdrawn
  • Restrictions: New Jersey has limited or banned sports betting on high school games, collegiate games involving NJ-based teams or college games played at venues within NJ and E-Sports
  • Taxes/Fees:
    • 8.5 percent for land-based sports betting revenue
    • 13 percent for NJonline sports betting run by casinos
    • 14.25 percent for NJ online sports betting run by racetracks.
    • No league integrity fees

Gambling as a Resident

It is very easy to gamble as a resident of New Jersey. Simply visit a brick and mortar betting location, visit a website or download one of the apps available from the many operators within the state. You must be within state lines to place wagers.

Gambling as a Non-Resident

It is also very easy to gamble as a non-resident of New Jersey. If you live in a neighboring state and close to the NJ state borders it actually just to cross state borders and place your online sports bet.

Gambling and Legal History in New Jersey

Gambling in New Jersey has roots back to the late 1800s, with lotteries and racetracks being very popular over the years. In the late 1970s, casino gambling was approved in Atlantic City, also known as “Monopoly City”, notoriously the inspiration for the ever-popular board game. Casinos flourished on the Atlantic City strip throughout the late 1900s, and while recent challenges have been seen by the city, there is renewed hope for the future of Atlantic City with the recent passage of sports betting legalization.

Future of Gambling in New Jersey

The future is very bright in New Jersey for gambling, specifically sports gambling. Many who track this market believe that the digital realm is where the market will truly thrive in the near future. This is a great conduit for live/in-game wagering, which is widely believed to be the future of NJ online sports betting. Combining the excitement with the ability to wager on what is unfolding in front of you either while at a sporting event or on your couch, with instant payouts, is a very enticing product. Following the European market trends, they are roughly 70% live betting, and 30% pre-game betting – the U.S. market is currently inversed. New Jersey installing legislation to allow online/mobile sports betting is a large win for consumers, as other states have not been as forward-looking. Other states not including mobile wagering in their legislation are largely politically motivated, to ensure that their political contacts (who donate to their campaigns) who are owners of brick-and-mortar casinos have the time and bandwidth to get up to speed with the online providers.

Online Gambling Impact on New Jersey

Data for the period of June 2018 – July 2019:

  • Sports wagers placed: $3.2 billion
  • Sports betting revenue: $204 million
  • Tax contributions to the state of New Jersey from online sports betting: $24 million
  • Atlantic City gaming revenue since May 2018: 22.5% increase

Sources:

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