At long last, the final hurdle to bringing sports betting to the Garden State has been cleared. Yesterday, Gov. Phil Murphy signed a bill legalizing a full range of sports betting options inside New Jersey at both physical sports books and through online portals.
The bill (A 4111), passed by a unanimous vote last Thursday in both the Assembly and the Senate, explicitly legalizes sports wagering in the state while providing the legal framework and regulatory structure necessary for the smooth operation of the industry.
But not everyone was happy with the final language of the legislation (i.e. the leagues), and the precedent it might set.