Tag: New Jersey gambling

New Jersey Gov. Phil Murphy signed a long-awaited bill legalizing fixed-odds wagering on his state's horse races. The bill faces regulatory issues with two state regulating agencies before being implemented. (Image: AP File Photo/Seth Wenig)

New Jersey Governor Signs Fixed-Odds Wagering Bill

After a 45-day delay, New Jersey Gov. Phil Murphy finally signed the Fixed Odds Wagering Act into law, opening the windows for fixed-odds wagering on horse racing in the state. Don’t make a beeline for the Jersey Shore just yet, however. Implementation requires regulatory approval from the New Jersey Racing […]

A Record $609 Million Wagered in Nevada as Sportsbooks Sit Empy

A Record $609 Million Wagered in Nevada as Sportsbooks Sit Empy

The Nevada Gaming Control Board released its November totals on Tuesday, continuing a year of big ups and downs with reports that more money was wagered on sports in a single month than any other time in history. The $609.6 million bet on sports in November accounted for almost 90% […]

New Jersey Shatters Online Gambling Records in October, Nevada Lags Behind

New Jersey Shatters Online Gambling Records in October, Nevada Lags Behind

New Jersey’s online sports gambling totals went berserk in October, and officials say a billion-dollar handle month is possible by year’s end. Remarkably, officials also reported that online gambling is coming close to making up for all brick-and-mortar losses sustained during the COVID-19 pandemic. “Casino win was 92% of last […]