Is Sports Betting Legal in New Jersey?
Sports betting is becoming increasingly popular, and many people are curious to know if it is legal to place bets in New Jersey. The answer is yes.
In 2018, the Supreme Court ruled that the federal law banning sports betting within most of the United States was unconstitutional. This opened up the possibility for individual states to legalize and regulate sportsbooks within their own borders.
New Jersey was one of the first states to take advantage of this new ruling and quickly began establishing an online sportsbook industry with a variety of different bookmakers operating under its jurisdiction. Currently, all forms of online sports betting are legal and regulated by the NJ Division of Gaming Enforcement (DGE).
The DGE also oversees traditional land-based sportsbook establishments throughout Atlantic City as well as racetracks and casinos located within the state lines of New Jersey. Regulations are very strict here, with all operators having to obtain licensing from both local gambling authorities as well as go through extensive financial background checks before being approved for operation. For example, any customer accounts must be segregated from business funds and customers must be over 21 years old to bet on sports at these locations.
Residents of New Jersey are fortunate enough to have access to both licensed online and land-based facilities for sports betting – all able to provide customers with a safe and secure gambling environmentas well as a wide range of wagers which can be placed on games taking place across Major League Baseball (MLB), National Basketball Association (NBA) or other sporting events held within US borders or abroad. Additionally, players can enjoy daily fantasy sport competitions offered by FanDuel & DraftKings under regulation from NJ authorities, enabling them to compete against others around the country while abiding by local gambling laws!