New Jersey ‘Apply for gaming licence now’

Business News

New Jersey Division of Gaming Enforcement (DGE) director David Rebuck had a special message for the world’s online sports betting operators: “apply for your New Jersey sports betting licenses now”.

“Don’t sit back and wait for the regulations,” “If you sit and wait you will be left behind.”

The news that the DGE is accepting license applications despite still awaiting a ruling from the US Supreme Courton whether it can legally regulate sports betting is a measure of New Jersey’s confidence of success.

Even the sports leagues, which have for six years legally challenged the state’s quest to for sports betting appear to be resigned to defeat. Both the NBA and MLB have revised their positions in recent weeks, coming out in favor of regulation – provided they get a cut.

New Jersey first sought to legalize sports betting in 2012, and, when that failed, to decriminalize it, by choosing not to enforce PASPA, the federal law that prohibits sports betting in all but a few states. Each time, New Jersey was challenged by the leagues and lost, but it has argued all the way up to the US Supreme Court that PASPA is an unconstitutional violation of its Tenth Amendment rights.

Now, it seems that the highest court in the land is prepared to agree, and it could issue its decision as soon as March 5.