March Madness Bets Make Big Money For New Jersey Sportsbooks

New Jersey sportsbooks make $63 million in the first three months of this year thanks to March Madness betting. PlaySugarhouse’s active users increase by 40% during the first week of March Madness tournament compared to the week before. The nine casinos in Atlantic City and two New Jersey racetracks that provide sports betting made $294 … Read more

New Jersey Attorney General Bans Major Offshore Sportsbook Promoter

TRENTON, N.J. – New Jersey residents who have traditionally used to view betting odds and learn about offshore sportsbooks were in for a rude awakening this week. With a letter sent to one of the site’s key executives, New Jersey Attorney General Anthony Strangia blocked the site from the state. The letter was sent … Read more

How Buzzer-Beater Reviews In March Madness Tournament May Affect New Jersey Sports Betting

After two last minute shots during the NCAA college basketball regular season drastically changed betting lines, the National Collegiate Athletic Association (NCAA) is altering how they review buzzer-beaters in the NCAA tournament. “During the NCAA tournament, we will review all shots made at the buzzer, as necessary, in the interest of accuracy of score and … Read more

New Jersey Sportsbooks Lose $4.5 Million on Super Bowl 53 Betting

East Rutherford, NJ – New Jersey sportsbooks take a large loss for legal Super Bowl LIII betting, as the Division of Gaming Enforcement reported a $4.5m loss in revenue. Bettors hit a total combined handle of just under $35m for the New Jersey sportsbooks at the state’s casinos and racetracks. The majority of people had their … Read more

New Jersey’s Monmouth Park To Offer Sports Betting By Memorial Day

In the wake of the Supreme Court’s overturning of the Professional and Amateur Sports Protection Act (PASPA, 1992), Monmouth Park – one of the state’s largest racinos, dubbed “The Shore’s Greatest Stretch” – will apparently beat Atlantic City casinos to the punch, as they’re slated to offer sports betting by Memorial Day (Monday, May 28, … Read more

New Jersey’s Fight With Major Sports Leagues Is Just Getting Started

With PASPA’s overturn (Murphy vs. NCAA), it would seem that New Jersey has finally defeated the major sports leagues, vindicating its stance that the Professional and Amateur Sports Protection Act of 1992 – a law supported by the NFL, NBA, MLB, NHL, and NCAA – was patently unconstitutional, as it limited legal land-based gambling exclusively … Read more