New Jersey Launches Its First Gambling Sportsbook
Betting on sports is a popular pastime for many people and many sportsbooks accept bets from US citizens. The most popular sports at sportsbooks are basketball, football, and baseball, which all have loyal followings. NBA playoffs and games also attract more wagers from players and fans. While the NFL is the most popular sport in the country, it isn’t as exciting as NBA. Fortunately, there are legal ways to bet on NFL games without the risk of breaking the law.
New Jersey is on track to launch its first gambling sportsbook in 2020, bringing in $4.5 billion in sports bets. While that figure may be optimistic, the state is likely to lose out to New York’s mobile sportsbook. In addition, sportsbooks in Native American casinos are only legal in certain circumstances, such as those offered at Native American casinos. But the state’s legal framework is still evolving, and the chances of a successful online sportsbook are still a long way off.
Other states are enacting legislation governing sports betting. In New York, lawmakers passed a bill to allow for legal sports wagering. In Pennsylvania, a casino will be required to offer sports wagering to patrons, while online sports betting will be allowed in New York after July 31, 2021. In North Carolina, gambling will be handled through the Cherokee tribe, which controls gambling and horse racing. In North Carolina, lawmakers approved a bill in July 2019, and the state will have its first legal sportsbook on March 18, 2021.