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The newspaper reported that the legislation is now awaiting the signature of Democratic Governor, Phil Murphy, and would permit sports aficionados over the age of 21 to place wagers at any of the state’s racetracks and casinos including the Monmouth Park Racetrack, which is eager to begin offering the new service as soon as possible. The appetite for eSports in particular shows no sign of abating as a broad range of digital media companies look to secure fast [and] accurate data that will allow them to offer in-depth coverage on a daily basis.“Betradar is thrilled to be bringing both our virtual and eSports credentials to the Asian region,” read a statement from Maerz....
The newspaper detailed that the legislation would also require land-based sportsbetting operators to hand over 8.5% of their proceeds to the state while an additional 1.”...
25% levy is to be earmarked for use by host municipalities and counties or the Meet AC marketing campaign.According to a report from The Record newspaper, the legislation was introduced by Ronald Dancer, a Republican member of the New Jersey General Assembly, after last month saw the United States Supreme Court invalidate the previous Professional and Amateur Sports Protection Act (PASPA) federal prohibition. It detailed that this advance allows players to create their own invitation-only virtual clubs and comes complete with a range of game variants as well as certified game logic, precise rake calculators and lifetime updates that are all backed up ‘by the most dependable games management system on the market’....
“It’s rewarding to team up with Betradar, whose brand shares our own values around innovation and integrity,” read a Tuesday statement from Jonas Alm, Chief Executive Officer for QTech Games. The Record explained that this latter provision was inserted due to the fact that the venue’s owner, Texas billionaire, Tilman Fertitta, from Houston-based Landry’s ”QTech Games described itself as ‘the fastest growing game distributor in Asia’ while also stating that the new arrangement is to see its own titles offered through Betradar’s platform....
