The Garden State underwent a long odyssey to legalize sports wagering. New Jersey Online Sportsbooks – History, Laws & Revenue It doesn’t, however, let you wager on in-state teams-no matter if they’re playing in New Jersey or abroad. This state allows college sports gambling to a degree. Therefore, 36 New Jersey online sports betting sites could run if the market reaches maximum capacity. Each licensee can partner with three individual brands/skins. Nine casinos and three racetracks are currently running, making for a total of 12 licenses.

New Jersey allows each land-based casino and racetrack to apply for a betting license. Betting sites only need to cover a 13% tax rate, while online casinos and poker sites must pay 15%. Online gambling in New Jersey is robust, with mobile casinos, poker rooms, and sportsbooks available. New Jersey gaming regulation agency – New Jersey Division of Gaming Enforcement.New Jersey sports betting legalization and launch dates – Online sports betting was legalized in January 2012 re-approved in June 2018 launched in August 2018.New Jersey college sports wagering policy – Allowed, but no betting on in-state schools nor any college game taking place in NJ.New Jersey available online sports betting licenses – 12 licenses for land-based casinos and racetracks each retail operator can partner with up to 3 online skins.

New Jersey online gambling revenue tax rates – 13% for online sports betting 15% for online casinos and poker.New Jersey legal online gambling verticals – Online sports betting, online casinos, online poker, and online lotteries.Key Points on Online Gambling in New Jersey The Garden State also led the fight to legalize sports gambling, successfully winning its Supreme Court case in 2018. It was the second state to legalize online casinos (behind Delaware) in 2013. The New Jersey sports betting market represents a trailblazer in U.S.

Sportsbook in new jersey