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com reported that the legislation signed by Murphy forbids sportsbetting on high school contests or on any collegiate event taking place in New Jersey or involving one the state’s teams with all operations overseen by the New Jersey Division of Gaming Enforcement.’“Today, we’re finally making the dream of legalized sportsbetting a reality for New Jersey,” read a Monday statement from Murphy.”NJ....
This is in an instance where you provide something that’s good for the public, that’s good for the citizens, that cleans up an industry that needs to be changed and hopefully helps New Jersey’s economy.The move follows last month’s decision from the United States Supreme Court that invalidated the previous Professional and Amateur Sports Protection Act (PASPA) federal sportsbetting prohibition with 60-year-old Murphy stating that it will allow casinos and racetracks in New Jersey to boost ‘their own long-term financial prospects’ by attracting ‘new business and new fans.”Prior to the May 14 ruling from the US Supreme Court ruling, Nevada had been the only state to permit full-scale sports wagering while last week saw Delaware become the first to take advantage of the decision after it launched sportsbetting services at its three casinos....
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