Get big or home that is go America’s multi-billion dollar sports betting business

Hari Sreenivasan:

The growth has also been driven by the fact that in New Jersey, you don’t have to physically be here, you can just use your phone. In fact, more than 90 percent of the wagers in New Jersey are done online.

It’s part of a change that is huge nj-new jersey led the time and effort nationwide to legalize activities gambling outside of Nevada. As Newshour reported back in 2015, boosters of sports betting in the Garden State had been pushing to legalize the practice for years weekend. In central New Jersey one racetrack even preemptively built out this space in anticipation of the rules changing.

In May of 2018, the Supreme Court struck down a 1992 law that had prohibited it. and within months, New Jersey Governor Phil Murphy was placing a bet that is legal that exact same activities book that were built years previously. Today, 20 states and Washington D.C. have actually legalized sports gambling in a few kind, with another 19 either legislation that is considering taking care of laws to truly begin operations.

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