New Jersey ahead of the pack in sports betting

New Jersey clearly intends to lead the charge into legalised sports betting in the United States should the US Supreme Court rule in its favour and overturn the provisions of the federal Professional and Amateur Sports Protection Act later this year.

Whilst a number of other states have put in place legislation that will enable them to move quickly on a positive Supreme Court ruling, New Jersey has gone a step further.

On Thursday the New Jersey Division of Gaming Enforcement published invitations for would-be operators and suppliers to submit licence applications.

DGE director David Rebuck verbally issued the same invitation at the ICE show in London earlier this month, warning delegates that they could miss out on a valuable business opportunity if they did not position themselves for licensing.

Thursday’s DGE invitation explains the need for the regulator to prepare well in advance for the extensive licensing due diligence that is required in respect of applicants for New Jersey licenses and their suppliers.

The regulator revealed that it has received numerous requests for information on New Jersey sports betting licensing from many interested parties, and urged such entities to start the journey to licensed activity by submitting applications in anticipation of a favourable Supreme Court ruling.

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