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Sports betting new jersey vote

sports betting new jersey vote

ATLANTIC CITY, N.J. (AP) — Voters in the November general election will have the opportunity to decide whether to allow bets on New Jersey. A "no" vote opposed this constitutional amendment, thus continuing to prohibit wagering on college sport competitions held in N.J. or involving a N.J.-based. Voters are being asked to expand sports betting and to broaden ways that nonprofits can spend the proceeds of games of chance. MLB BETTING MODEL

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A regulated sports gaming industry for the Garden State that had sportsbooks with in-state college wagers would be one that could shatter its own records. Currently, mobile sportsbooks and neighboring states are getting all of the NJ college fan wagers. But should this bill pass in the General Assembly before November, that could all change by The Outlook For The Measure With all of the betting on NJ colleges that happens outside of state sportsbooks, there is no doubt that residents would see a majority vote in favor of this addition.

With any luck, sports bettors will be able to wager on their home teams for March Madness come using local sportsbooks and keeping the money bet in New Jersey. Advertising Disclosure In order to provide you with the best independent sports betting news and content LegalSportsBetting. Christina Monroe Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. No legislators had any clue of the trajectory of legal betting in the United States, which made them leave off in-state college betting to protect student-athletes.

People will find ways to bet on college sports if they wish , so this strategy was slightly flawed. Three years after legalization, legislators in NJ want to allow people to wager on hometown colleges like Rutgers and Seton Hall. On Thursday, the state legislature gave the final approval to have in-state college betting included on the November ballot.

The current law bans voting on in-state programs as well as all NCAA games within the state. There is interest in the New Jersey college athletic programs, so legislators believe this could cause the state to dominate Nevada for sports betting financial numbers.

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New Jersey Begins Taking Legal Sports Bets

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