New Jersey sports betting bill officially signed into law by Governor Murphy
It took a few years to get here, but we’ve officially moved from the sidelines onto the field. Sports betting in New Jersey is now legal and is ready to go live in this newly regulated market.
Last week, on June 11th, Governor Phil Murphy signed sports betting legislation into law. He didn’t so much pave the way for legalized and regulated sports betting as he did remove the pilons and reopen the road after construction work had been done.
The road paving accolades go to the Supreme Court of the United States, who last month struck down PASPA, the law that prohibited states from allowing legalized sports betting within their borders, aside from the handful of states that had been grandfathered into the law.
The signing of Assembly Bill 4111 means that Atlantic City casinos like Resorts Casino Hotel can now offer sports betting on property. Online sports betting should soon follow, although the new law has a provision that says online sports betting can’t take place until 30 days after the law takes effect.
So, expect to see a sportsbook if you’re in Atlantic City soon. And if you can’t make it to AC, expect to be able to bet online in New Jersey in the coming weeks or months from anywhere in the Garden State.
This is a good news story for those who love to bet on sports, for casinos looking to increase profits in a competitive market, and for the state coffers that stand to grow with added tax money.
If you can’t wait for online sports betting in New Jersey, check out FastPick. It’s built into ResortsCasino.com and it allows you to win along with your favorite athletes by picking your favorite head-to-head matchups.