The State of New Jersey will be the third state in the country to allow sports betting this fall– along with Delaware and Nevada– after a plan by Governor Chris Christie has come to fruition.
Earlier this year, citizens of the state approved a ballot measure to allow gambling and wagering, but both will not become fully legal unless federal gambling laws are changed to allow it.
Governor Christie has a plan in place for wagering to be made available in October or November of this year at both casinos and racetracks, but also anticipates a challenge from the federal government in the courts which could delay this timeline substantially.
Sports betting is a natural fit for New Jersey with it’s built in casino infrastructure and destination reputation in the Northeast, and along the East Coast as a place to roll the dice, especially in Atlantic City.
The economic impact of betting when it is implemented in a state or region is undeniable, but, as always, the plan has its critics. While the measure was approved in January, Governor Christie has reportedly done little since, and many have posited this lack of action was due to his political desires and wish to separate himself from gambling and other activities which some may deem as morally questionable.
Accordingly, it can be expected the major professional sports leagues including the NFL, NBA, MLB, and NHL will espouse their distaste for Governor Christie’s decision while also being content behind closed doors to know it’s most passionate fans will be even more engaged with another destination available to gather and gamble on games.
This is the dichotomy of sports betting that has always been so amusing, and will continue to be, as a new age of money changing hands will eventually– regardless of superficial delay– dawn in the casinos of Atlantic City.