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LANSING, Mich. (AP) — Online sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites.
New York online sports betting could help plug a multi-billion dollar budget deficit that was exacerbated during 2020. Mobile sports betting could bring in $900 million annually in state revenue. Governor Cuomo, thus far, has stood in the way of progress on this front, finding any movement on gambling in New York State would require an. Jan 29, 2021 Not only is New Jersey the new No. 1 state in the nation for sports betting handle, it’s covering a big spread of $1.7 billion over the runner-up Nevada. Nevada’s sportsbooks handled $588.4.
State regulators have authorized licenses for all three Detroit casinos and seven of the dozen tribes with “Class III” casinos. Additional operator and platform provider licenses are expected to be approved in coming weeks.
Michigan Gaming Control Board Executive Director Richard Kalm this week called the launch a “new era,” saying it will give casinos an additional way to engage with customers and provide state and local governments with extra tax revenue.
Large players in the U.S. mobile gambling market such as DraftKings, FanDuel and BetMGM are launching apps and enticing people age 21 and older with deals to sign up. Big sporting events this weekend including the AFC and NFC championship games and a UFC bout featuring start Conor McGregor.
Sports and internet gambling were legalized under a law enacted more than a year ago, before the coronavirus pandemic struck. Casinos began accepting in-person sports wagers in March but had to wait for the creation of a licensing system for online operations, which have taken on increased significance amid state-ordered shutdowns or capacity restrictions at casinos to curb COVID-19.
“It’s clear to us that there’s incredible demand among Michiganders for at least sports betting. But my expectation is that online casino and in due course poker will be equally popular,” said BetMGM CEO Adam Greenblatt. His company’s app — previously launched in 10 states — is connected to MGM Resorts, including the Detroit casino and hotel.
Greenblatt said the state’s 8.4% online sports betting tax is “very sensible,” allowing licensed operators to compete with offshore sites.
“You’ve got a group of players who have long been betting offshore. We would like to see them bring their play back on shore,” he said. He said there will be minimal if any “cannibalization” of business from players who typically visit casinos but instead will play on the internet.
“We see an expansion of the market — so new players coming in to enjoy our product,” Greenblatt said, adding that MGM, like other casinos, will incentivize online gamblers to redeem rewards points by visiting onsite.
Casinos offering online games like blackjack will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts. Net new annual revenues to the state and Detroit, which has commercial casinos, are projected to total $18.6 million and $13.7 million respectively, according to the Michigan Department of Treasury.
The money will go to the state’s school aid fund, which covers public schools. It also will be earmarked to a state fund that compensates first responders for lost wages and medical benefits if they get cancer from fighting fires.
Municipalities with tribal casinos will receive a portion of tax revenues, too.
Noting of flurry of internet gambling and sports betting ads in recent weeks, state Attorney General Dana Nessel urged potential online gamblers to read the fine print before signing up.
“In some instances, site users may be required to spend or deposit a certain amount of money into an account before receiving their free play credits, and users should make themselves aware of such conditions so they are not taken off guard,” she said.
___
Follow DavidEggert at https://twitter.com/DavidEggert00
New Jersey sports betting set the standard for the US legal sports betting market. The Garden State led the nation in overall betting handle in every month of last year at its retail and online sports betting sites.
With more than 20 different online sportsbooks to choose from, New Jersey hosts an unparalleled online sports betting market. Mobile sports betting apps brought in well over $300 million in revenue in the state last year.New Jersey Sports Betting Recent Updates
*Betting handle sets US record in November – New Jersey sportsbooks took $931.6 million in wagers in November 2020, setting a record for the US legal sports betting industry. Nearly 94% of that figure came from mobile sportsbook apps.
*Mobile wagering revenue tops the $300 million mark for 2020 – New Jersey’s online sportsbooks produced $43.7 million in revenue in November, hitting an annual revenue mark of $301 million.
*All-time monthly online revenue record in October – The strongest month on record for any state with legal online sports betting played out in October. New Jersey mobile sports betting apps earned $55.1 million in revenue for the month.
*Mobile betting share goes over 90% – The percentage of overall handle coming from mobile sportsbooks topped the 90% mark in the latter months of 2020. Mobile wagering vaulted New Jersey into the spot as the top sports betting state in the US in 2020.
*FanDuel, DraftKings dominate the New Jersey market – New Meadowlands Racetrack (license partner of FanDuel Sportsbook) and Resorts Digital Gaming (license partner of DraftKings Sportsbook) stand as the top two sports betting operators in New Jersey. The two operators combine for 82% of online sports betting market share in the state.Reviews For New Jersey’s Top Sports Betting SitesFanDuel Sportsbook NJ (9.8/10)
Bovada legit. Visit: FanDuel New Jersey and get $1,000 Risk-Free Bet
*Bonus: Risk-free bet up to $1,000 as a welcome bonus
*Available for iOS, Android, and desktop devices
*License partner of New Meadowlands Racetrack
*Official Sports Betting Partner of the New Jersey Devils
*Robust selection of betting markets and deposit options
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, FanDuel Play+
FanDuel Sportsbook continued its run as the No. 1 online sportsbook in the US by market share in 2020. FanDuel Sportsbook New Jersey takes more bets than any other legal online sports betting platform in the US.
New players can unlock a risk-free bet up to $1,000 after depositing FanDuel Sportsbook. Other promotions include parlay insurance for several different sports.William Hill Sportsbook New Jersey
Visit: William Hill New Jersey and Claim a $500 Risk Free BetWelcome Offer: Risk-free bet up to $500Available Platforms: iOS App, Android App, Web BrowserRetail Partner: Monmouth Park, Ocean Casino Resort, and Tropicana Casino ResortStrong and competitive live betting offeringStrong and stable appBacked by an international reknown sports betting companyAccepts PayPal for deposits and withdrawals as well as credit/debit, online bank transfer, and more.
William Hill is one of the biggest sports betting brands in the world. The William Hill New Jersey sportsbook operates as a single platform in partnership license partners Monmouth Park, Ocean Casino Resort, and Tropicana Casino Resort.
Navigating from the websites of any of these three sportsbooks all lead to the William Hill NJ site or app download. From there, the William Hill app is easy to download and use, with an easy-to-access live betting options and ongoing promotions.BetMGM Sportsbook (9/10)
Visit: BetMGM New Jersey and get up to $600 Risk Free Bet Bonus
*Bonus: Welcome bonus: Risk free bonus up to $600
*Available for iOS, Android, and desktop
*License partner of Borgata Hotel Casino
*Official sports betting partner of the New York Jets
*Selection of sports competes with anything else in the legal sports betting market
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, Play+
The sports betting face of the MGM Resorts brand, BetMGM operates in New Jersey as a license partner of MGM-owned Borgata Hotel Casino. The platform offers a top-tier selection of sports, ways to bet, and deposit options.
The BetMGM welcome bonus comes as a risk-free bet up to $500. Other player offers include parlay insurance and weekly free bets.PointsBet Sportsbook (9.6/10)
Visit: PointsBet Illinois and get $2,000 in Risk-Free Bets
*Bonus: Welcome bonus includes two risk-free bets up to $2,000 total
*Available for iOS, Android, and desktop devices
*License partner of New Meadowlands Racetrack
*Official Sports Betting Partner of NBC Sports
*Exclusive “PointsBetting” wagering style
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card
With a slick, clean look and a one-of-a-kind wagering style known as PointsBetting, the PointsBet Sportsbook brand represents one of the fastest-growing legal gambling companies in the US.
PointsBet offers several different kinds of player bonuses, which change throughout the year. The sportsbook’s latest welcome bonus comes as two risk-free bets (one fixed-odds bet and one PointsBetting wager) up to $2,000.DraftKings Sportsbook NJ (9.4/10)
Visit: Draftkings New Jersey and get $1,000 Deposit Bonus
*Bonus: 20% deposit match up to $1,000
*Available for iOS, Android, and desktop devices
*License partner of Resorts Digital Inc.
*Official Sports Betting Partner of the New York Giants
*Top-tier selection of domestic and international betting markets
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, DraftKings Play+
DraftKings Sportsbook offers just about anything you could want in an online sports betting platform. The brand’s expansion into legal sports betting has resulted in DraftKings Sportsbook becoming one of the industry’s most recognizable names.
New players can enjoy a 20% deposit match bonus up to $1,000. Odds boosts and referral bonuses are also frequently offered at DraftKings Sportsbook.SugarHouse Sportsbook (8.6/10)
* Bonus: 100% deposit match bonus up to $250
*Available as an Android app and a desktop client
*License partner of Darby Development (Monmouth Park)
*Partner of VSiN The Sports Betting Network
*Deposit match bonus only requires 1x playthrough
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, BetRivers Play+
Known as BetRivers Sportsbook in other states, SugarHouse Sportsbook competes with anything in the New Jersey market in terms of selection of sports and player-friendly bonuses.
SugarHouse Sportsbooks offers a 100% deposit match bonus up to $250, with just a 1x playthrough requirement. Other promotions include odds boosts and pick’em pools.Full List Of New Jersey Online SportsbooksSportsbookWelcome BonusCasino PartnerLaunch DateFanDuelRisk-free bet up to $1,000New Meadowlands RacetrackSeptember 2018DraftKings20% deposit match up to $1,000Resorts Digital GamingAugust 2018SugarHouse100% deposit match up to $250Darby Development (Monmouth Park)August 2018PointsBetTwo risk-free bets up to $2,000New Meadowlands RacetrackDecember 2018BetMGMRisk-free bet up to $600Borgata Hotel CasinoSeptember 2019FOX BetRisk-free bet up to $500Resorts Digital GamingAugust 2019CaesarsN/ABoardwalk RegencySeptember 2018Monmouth Sportsbook by William HillRisk-free bet up to $500Darby Development (Monmouth Park)September 2018Golden NuggetRisk-free bet up to $100Golden Nugget Atlantic CityFebruary 2019ResortsRisk-free bet up to $250Resorts Digital GamingFebruary 2019888 SportRisk-free bet up to $500Boardwalk RegencySeptember 2018William Hill Sportsbook at Ocean CasinoRisk-free bet up to $500Ocean CasinoSeptember 2018BetAmerica25% deposit match up to $500Golden Nugget Atlantic CityFebruary 2019William Hill Sportsbook Tropicana Atlantic CityRisk-free bet up to $500Tropicana Casino & ResortJanuary 2019Hard Rock Sportsbook100% deposit match up to $1,000Hard Rock Atlantic CityJanuary 2019Bet365 NJ100% deposit match up to $500Hard Rock Atlantic CityAugust 2019theScore BetRisk-free bet up to $500Darby Development (Monmouth Park)August 2019Borgata Online SportsN/ABorgata Hotel CasinoAugust 2019Wynn BetRisk-free bet up to $500Boardwalk RegencyAugust 2020UnibetRisk-free bet up to $250Hard Rock Atlantic CityNovember 2019Tipico SportsbookMatch bet up to $100Ocean Casino ResortDecember 2020How To Place A Bet In New JerseyChoosing A Sportsbook
The full list of New Jersey’s online sportsbooks, displayed above, regularly updates here on Gaming Today. The welcome bonuses differ at each platform, so be sure to check back on this page for the latest information.
New Jersey hosts the largest selection of sportsbook apps of any US state, with more than 20 different options.Make Your First Deposit
Once you’ve evaluated the welcome bonuses and chosen a sportsbook, you can use several different methods to fund your new account.
PayPal, ACH/eCheck, credit/debit cards, and Play+ represent some of the best and fastest ways to make a deposit. Once approved, these methods put the money in your player balance immediately.How To Verify Your Location
New Jersey’s online sportsbooks use geolocation technology to determine your location whenever you try to make a bet.
State law mandates that only wagers coming from within New Jersey borders qualify as legal bets. If the geolocation service determines that you’re outside of New Jersey, you won’t be able to bet.Registering A New Account
Signing up for a new account at an online sportsbook takes just a couple of minutes. You’ll need a valid email address, as well as proof of age and identity.
A driver’s license or state-issued ID generally suffices to fulfill these requirements. Once the sportsbook verifies your documents, you’re free to deposit and start making bets.Making Bets At An Online Sportsbook
Online sportsbooks generally display available bets in a user-friendly fashion, requiring players to simply click on whatever line they’d like to bet.
Once you’ve selected a bet, the terms of the wager will appear on a bet slip, usually at the right of the screen. Once it’s there, confirm the bet and send it to the sportsbook.Why Choose A Legal Sportsbook?
New Jersey’s state-regulated sportsbooks put world-class, legal online sports betting at your fingertips. The New Jersey Division of Gaming Enforcement (DGE) regulates all online gambling products in the state.
Under the oversight of the DGE, legal sportsbooks operate with an obligation to provide security of player funds and personal information, as well as prompt and fair payouts.
Offshore sites guarantee none of these things, nor do they have to. These platforms operate outside of the jurisdiction of federal law.
Players are responsible for paying applicable state and federal taxes on sports betting winnings. New Jersey’s mobile sportsbooks automatically withhold federal taxes on winnings of $5,000 or more.New Jersey Sports Betting Revenue
New Jersey started 2020 as the top revenue-earning sports betting state in the US. The Garden State maintained that status throughout the year, topping all states in betting handle in every month of 2020.
The overall betting handle came in at over $6 billion in New Jersey in 2020. The state took in $398.5 million in sports betting revenue for the year.
Just under $360 million of that revenue figure came from mobile betting. That number amounts to 90% of sports betting revenue coming from online sportsbooks in New Jersey.New Jersey Versus Other Sports Betting States
New Jersey sets the bar for sports betting in the US, leading the boom in mobile wagering. Pennsylvania stands as the closest neighboring state with a market comparable to New Jersey. New York offers retail sports betting but has yet to launch online sports betting in the state.
The Keystone State launched sports betting in May 2019. Both retail and online sports betting are legal under Pennsylvania law.
Most of the state’s 13 land-based casinos offer retail sports betting. Mobile wagering dominates the Pennsylvania market, however, with 90% of the overall betting handle coming from online sportsbooks.
Pennsylvania plays home to 10 different online sports betting platforms. November 2020 saw the state’s online sportsbooks produce $31.18 million in revenue, a new monthly high for the state.
New Jersey topped thelist of US states in online betting handle for October 2020, with just under $744 million wagered online. Pennsylvania ($472.2 million), Illinois ($409.5 million), and Nevada ($376.8 million) rounded out the list as the top four online sports betting markets in the US for October.New Jersey Sports Betting Successes And FailuresNew Jersey Sports Betting Successes
The list of ways to define New Jersey’s success in online sports betting is incredibly long. The Garden State provides the model that all other states aspire to copy for their mobile sports betting industries.
The state produced just under $400 million in sports betting revenue in 2020. Just under $360 million of that revenue came from online sportsbooks.
Competition proves lucrative for New Jersey’s online sports betting market. State laws allow for land-based casinos to license multiple brands per operator.
The result of that model sees more than 20 different online sportsbooks competing for market share. FanDuel and DraftKings dominate in the state, but New Jersey sits as the land of opportunity for other sports betting brands as well.New Jersey Sports Betting Failures
It’s tough to find anything that counts as a “failure” for New Jersey’s sports betting industry. However, the state’s run as the No. 1 US sports betting market could get some competition if New York moves forward with online sports betting.
Vegas casino online no deposit bonus. At least some of New Jersey’s industry-leading revenue numbers come from New York bettors taking the short trip to the Garden State to place legal online bets.
New York Gov. Andrew Cuomo recently reversed his longtime stance against online sports betting and now wants to bring it to New York. Legal mobile betting in New York could affect New Jersey’s bottom line significantly.New Jersey’s Sports Betting Legalization Effort
New Jersey stands at the forefront of the push to legalize online gambling in the US. The state gave the green light to online casinos and poker in 2013.
The fall of the Professional and Amateur Sports Protection Act (PASPA) paved the way for the modern US sports betting boom. PASPA went into effect in 1993,outlawing sports betting in all but four states.
Nevada, Montana, Delaware, and Oregon were exempt from PASPA, but other states weren’t permitted to offer sports betting under the language of the act. That changed
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LANSING, Mich. (AP) — Online sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites.
New York online sports betting could help plug a multi-billion dollar budget deficit that was exacerbated during 2020. Mobile sports betting could bring in $900 million annually in state revenue. Governor Cuomo, thus far, has stood in the way of progress on this front, finding any movement on gambling in New York State would require an. Jan 29, 2021 Not only is New Jersey the new No. 1 state in the nation for sports betting handle, it’s covering a big spread of $1.7 billion over the runner-up Nevada. Nevada’s sportsbooks handled $588.4.
State regulators have authorized licenses for all three Detroit casinos and seven of the dozen tribes with “Class III” casinos. Additional operator and platform provider licenses are expected to be approved in coming weeks.
Michigan Gaming Control Board Executive Director Richard Kalm this week called the launch a “new era,” saying it will give casinos an additional way to engage with customers and provide state and local governments with extra tax revenue.
Large players in the U.S. mobile gambling market such as DraftKings, FanDuel and BetMGM are launching apps and enticing people age 21 and older with deals to sign up. Big sporting events this weekend including the AFC and NFC championship games and a UFC bout featuring start Conor McGregor.
Sports and internet gambling were legalized under a law enacted more than a year ago, before the coronavirus pandemic struck. Casinos began accepting in-person sports wagers in March but had to wait for the creation of a licensing system for online operations, which have taken on increased significance amid state-ordered shutdowns or capacity restrictions at casinos to curb COVID-19.
“It’s clear to us that there’s incredible demand among Michiganders for at least sports betting. But my expectation is that online casino and in due course poker will be equally popular,” said BetMGM CEO Adam Greenblatt. His company’s app — previously launched in 10 states — is connected to MGM Resorts, including the Detroit casino and hotel.
Greenblatt said the state’s 8.4% online sports betting tax is “very sensible,” allowing licensed operators to compete with offshore sites.
“You’ve got a group of players who have long been betting offshore. We would like to see them bring their play back on shore,” he said. He said there will be minimal if any “cannibalization” of business from players who typically visit casinos but instead will play on the internet.
“We see an expansion of the market — so new players coming in to enjoy our product,” Greenblatt said, adding that MGM, like other casinos, will incentivize online gamblers to redeem rewards points by visiting onsite.
Casinos offering online games like blackjack will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts. Net new annual revenues to the state and Detroit, which has commercial casinos, are projected to total $18.6 million and $13.7 million respectively, according to the Michigan Department of Treasury.
The money will go to the state’s school aid fund, which covers public schools. It also will be earmarked to a state fund that compensates first responders for lost wages and medical benefits if they get cancer from fighting fires.
Municipalities with tribal casinos will receive a portion of tax revenues, too.
Noting of flurry of internet gambling and sports betting ads in recent weeks, state Attorney General Dana Nessel urged potential online gamblers to read the fine print before signing up.
“In some instances, site users may be required to spend or deposit a certain amount of money into an account before receiving their free play credits, and users should make themselves aware of such conditions so they are not taken off guard,” she said.
___
Follow DavidEggert at https://twitter.com/DavidEggert00
New Jersey sports betting set the standard for the US legal sports betting market. The Garden State led the nation in overall betting handle in every month of last year at its retail and online sports betting sites.
With more than 20 different online sportsbooks to choose from, New Jersey hosts an unparalleled online sports betting market. Mobile sports betting apps brought in well over $300 million in revenue in the state last year.New Jersey Sports Betting Recent Updates
*Betting handle sets US record in November – New Jersey sportsbooks took $931.6 million in wagers in November 2020, setting a record for the US legal sports betting industry. Nearly 94% of that figure came from mobile sportsbook apps.
*Mobile wagering revenue tops the $300 million mark for 2020 – New Jersey’s online sportsbooks produced $43.7 million in revenue in November, hitting an annual revenue mark of $301 million.
*All-time monthly online revenue record in October – The strongest month on record for any state with legal online sports betting played out in October. New Jersey mobile sports betting apps earned $55.1 million in revenue for the month.
*Mobile betting share goes over 90% – The percentage of overall handle coming from mobile sportsbooks topped the 90% mark in the latter months of 2020. Mobile wagering vaulted New Jersey into the spot as the top sports betting state in the US in 2020.
*FanDuel, DraftKings dominate the New Jersey market – New Meadowlands Racetrack (license partner of FanDuel Sportsbook) and Resorts Digital Gaming (license partner of DraftKings Sportsbook) stand as the top two sports betting operators in New Jersey. The two operators combine for 82% of online sports betting market share in the state.Reviews For New Jersey’s Top Sports Betting SitesFanDuel Sportsbook NJ (9.8/10)
Bovada legit. Visit: FanDuel New Jersey and get $1,000 Risk-Free Bet
*Bonus: Risk-free bet up to $1,000 as a welcome bonus
*Available for iOS, Android, and desktop devices
*License partner of New Meadowlands Racetrack
*Official Sports Betting Partner of the New Jersey Devils
*Robust selection of betting markets and deposit options
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, FanDuel Play+
FanDuel Sportsbook continued its run as the No. 1 online sportsbook in the US by market share in 2020. FanDuel Sportsbook New Jersey takes more bets than any other legal online sports betting platform in the US.
New players can unlock a risk-free bet up to $1,000 after depositing FanDuel Sportsbook. Other promotions include parlay insurance for several different sports.William Hill Sportsbook New Jersey
Visit: William Hill New Jersey and Claim a $500 Risk Free BetWelcome Offer: Risk-free bet up to $500Available Platforms: iOS App, Android App, Web BrowserRetail Partner: Monmouth Park, Ocean Casino Resort, and Tropicana Casino ResortStrong and competitive live betting offeringStrong and stable appBacked by an international reknown sports betting companyAccepts PayPal for deposits and withdrawals as well as credit/debit, online bank transfer, and more.
William Hill is one of the biggest sports betting brands in the world. The William Hill New Jersey sportsbook operates as a single platform in partnership license partners Monmouth Park, Ocean Casino Resort, and Tropicana Casino Resort.
Navigating from the websites of any of these three sportsbooks all lead to the William Hill NJ site or app download. From there, the William Hill app is easy to download and use, with an easy-to-access live betting options and ongoing promotions.BetMGM Sportsbook (9/10)
Visit: BetMGM New Jersey and get up to $600 Risk Free Bet Bonus
*Bonus: Welcome bonus: Risk free bonus up to $600
*Available for iOS, Android, and desktop
*License partner of Borgata Hotel Casino
*Official sports betting partner of the New York Jets
*Selection of sports competes with anything else in the legal sports betting market
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, Play+
The sports betting face of the MGM Resorts brand, BetMGM operates in New Jersey as a license partner of MGM-owned Borgata Hotel Casino. The platform offers a top-tier selection of sports, ways to bet, and deposit options.
The BetMGM welcome bonus comes as a risk-free bet up to $500. Other player offers include parlay insurance and weekly free bets.PointsBet Sportsbook (9.6/10)
Visit: PointsBet Illinois and get $2,000 in Risk-Free Bets
*Bonus: Welcome bonus includes two risk-free bets up to $2,000 total
*Available for iOS, Android, and desktop devices
*License partner of New Meadowlands Racetrack
*Official Sports Betting Partner of NBC Sports
*Exclusive “PointsBetting” wagering style
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card
With a slick, clean look and a one-of-a-kind wagering style known as PointsBetting, the PointsBet Sportsbook brand represents one of the fastest-growing legal gambling companies in the US.
PointsBet offers several different kinds of player bonuses, which change throughout the year. The sportsbook’s latest welcome bonus comes as two risk-free bets (one fixed-odds bet and one PointsBetting wager) up to $2,000.DraftKings Sportsbook NJ (9.4/10)
Visit: Draftkings New Jersey and get $1,000 Deposit Bonus
*Bonus: 20% deposit match up to $1,000
*Available for iOS, Android, and desktop devices
*License partner of Resorts Digital Inc.
*Official Sports Betting Partner of the New York Giants
*Top-tier selection of domestic and international betting markets
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, DraftKings Play+
DraftKings Sportsbook offers just about anything you could want in an online sports betting platform. The brand’s expansion into legal sports betting has resulted in DraftKings Sportsbook becoming one of the industry’s most recognizable names.
New players can enjoy a 20% deposit match bonus up to $1,000. Odds boosts and referral bonuses are also frequently offered at DraftKings Sportsbook.SugarHouse Sportsbook (8.6/10)
* Bonus: 100% deposit match bonus up to $250
*Available as an Android app and a desktop client
*License partner of Darby Development (Monmouth Park)
*Partner of VSiN The Sports Betting Network
*Deposit match bonus only requires 1x playthrough
*Best deposit option – PayPal
*Other deposit methods – ACH/eCheck, credit/debit card, BetRivers Play+
Known as BetRivers Sportsbook in other states, SugarHouse Sportsbook competes with anything in the New Jersey market in terms of selection of sports and player-friendly bonuses.
SugarHouse Sportsbooks offers a 100% deposit match bonus up to $250, with just a 1x playthrough requirement. Other promotions include odds boosts and pick’em pools.Full List Of New Jersey Online SportsbooksSportsbookWelcome BonusCasino PartnerLaunch DateFanDuelRisk-free bet up to $1,000New Meadowlands RacetrackSeptember 2018DraftKings20% deposit match up to $1,000Resorts Digital GamingAugust 2018SugarHouse100% deposit match up to $250Darby Development (Monmouth Park)August 2018PointsBetTwo risk-free bets up to $2,000New Meadowlands RacetrackDecember 2018BetMGMRisk-free bet up to $600Borgata Hotel CasinoSeptember 2019FOX BetRisk-free bet up to $500Resorts Digital GamingAugust 2019CaesarsN/ABoardwalk RegencySeptember 2018Monmouth Sportsbook by William HillRisk-free bet up to $500Darby Development (Monmouth Park)September 2018Golden NuggetRisk-free bet up to $100Golden Nugget Atlantic CityFebruary 2019ResortsRisk-free bet up to $250Resorts Digital GamingFebruary 2019888 SportRisk-free bet up to $500Boardwalk RegencySeptember 2018William Hill Sportsbook at Ocean CasinoRisk-free bet up to $500Ocean CasinoSeptember 2018BetAmerica25% deposit match up to $500Golden Nugget Atlantic CityFebruary 2019William Hill Sportsbook Tropicana Atlantic CityRisk-free bet up to $500Tropicana Casino & ResortJanuary 2019Hard Rock Sportsbook100% deposit match up to $1,000Hard Rock Atlantic CityJanuary 2019Bet365 NJ100% deposit match up to $500Hard Rock Atlantic CityAugust 2019theScore BetRisk-free bet up to $500Darby Development (Monmouth Park)August 2019Borgata Online SportsN/ABorgata Hotel CasinoAugust 2019Wynn BetRisk-free bet up to $500Boardwalk RegencyAugust 2020UnibetRisk-free bet up to $250Hard Rock Atlantic CityNovember 2019Tipico SportsbookMatch bet up to $100Ocean Casino ResortDecember 2020How To Place A Bet In New JerseyChoosing A Sportsbook
The full list of New Jersey’s online sportsbooks, displayed above, regularly updates here on Gaming Today. The welcome bonuses differ at each platform, so be sure to check back on this page for the latest information.
New Jersey hosts the largest selection of sportsbook apps of any US state, with more than 20 different options.Make Your First Deposit
Once you’ve evaluated the welcome bonuses and chosen a sportsbook, you can use several different methods to fund your new account.
PayPal, ACH/eCheck, credit/debit cards, and Play+ represent some of the best and fastest ways to make a deposit. Once approved, these methods put the money in your player balance immediately.How To Verify Your Location
New Jersey’s online sportsbooks use geolocation technology to determine your location whenever you try to make a bet.
State law mandates that only wagers coming from within New Jersey borders qualify as legal bets. If the geolocation service determines that you’re outside of New Jersey, you won’t be able to bet.Registering A New Account
Signing up for a new account at an online sportsbook takes just a couple of minutes. You’ll need a valid email address, as well as proof of age and identity.
A driver’s license or state-issued ID generally suffices to fulfill these requirements. Once the sportsbook verifies your documents, you’re free to deposit and start making bets.Making Bets At An Online Sportsbook
Online sportsbooks generally display available bets in a user-friendly fashion, requiring players to simply click on whatever line they’d like to bet.
Once you’ve selected a bet, the terms of the wager will appear on a bet slip, usually at the right of the screen. Once it’s there, confirm the bet and send it to the sportsbook.Why Choose A Legal Sportsbook?
New Jersey’s state-regulated sportsbooks put world-class, legal online sports betting at your fingertips. The New Jersey Division of Gaming Enforcement (DGE) regulates all online gambling products in the state.
Under the oversight of the DGE, legal sportsbooks operate with an obligation to provide security of player funds and personal information, as well as prompt and fair payouts.
Offshore sites guarantee none of these things, nor do they have to. These platforms operate outside of the jurisdiction of federal law.
Players are responsible for paying applicable state and federal taxes on sports betting winnings. New Jersey’s mobile sportsbooks automatically withhold federal taxes on winnings of $5,000 or more.New Jersey Sports Betting Revenue
New Jersey started 2020 as the top revenue-earning sports betting state in the US. The Garden State maintained that status throughout the year, topping all states in betting handle in every month of 2020.
The overall betting handle came in at over $6 billion in New Jersey in 2020. The state took in $398.5 million in sports betting revenue for the year.
Just under $360 million of that revenue figure came from mobile betting. That number amounts to 90% of sports betting revenue coming from online sportsbooks in New Jersey.New Jersey Versus Other Sports Betting States
New Jersey sets the bar for sports betting in the US, leading the boom in mobile wagering. Pennsylvania stands as the closest neighboring state with a market comparable to New Jersey. New York offers retail sports betting but has yet to launch online sports betting in the state.
The Keystone State launched sports betting in May 2019. Both retail and online sports betting are legal under Pennsylvania law.
Most of the state’s 13 land-based casinos offer retail sports betting. Mobile wagering dominates the Pennsylvania market, however, with 90% of the overall betting handle coming from online sportsbooks.
Pennsylvania plays home to 10 different online sports betting platforms. November 2020 saw the state’s online sportsbooks produce $31.18 million in revenue, a new monthly high for the state.
New Jersey topped thelist of US states in online betting handle for October 2020, with just under $744 million wagered online. Pennsylvania ($472.2 million), Illinois ($409.5 million), and Nevada ($376.8 million) rounded out the list as the top four online sports betting markets in the US for October.New Jersey Sports Betting Successes And FailuresNew Jersey Sports Betting Successes
The list of ways to define New Jersey’s success in online sports betting is incredibly long. The Garden State provides the model that all other states aspire to copy for their mobile sports betting industries.
The state produced just under $400 million in sports betting revenue in 2020. Just under $360 million of that revenue came from online sportsbooks.
Competition proves lucrative for New Jersey’s online sports betting market. State laws allow for land-based casinos to license multiple brands per operator.
The result of that model sees more than 20 different online sportsbooks competing for market share. FanDuel and DraftKings dominate in the state, but New Jersey sits as the land of opportunity for other sports betting brands as well.New Jersey Sports Betting Failures
It’s tough to find anything that counts as a “failure” for New Jersey’s sports betting industry. However, the state’s run as the No. 1 US sports betting market could get some competition if New York moves forward with online sports betting.
Vegas casino online no deposit bonus. At least some of New Jersey’s industry-leading revenue numbers come from New York bettors taking the short trip to the Garden State to place legal online bets.
New York Gov. Andrew Cuomo recently reversed his longtime stance against online sports betting and now wants to bring it to New York. Legal mobile betting in New York could affect New Jersey’s bottom line significantly.New Jersey’s Sports Betting Legalization Effort
New Jersey stands at the forefront of the push to legalize online gambling in the US. The state gave the green light to online casinos and poker in 2013.
The fall of the Professional and Amateur Sports Protection Act (PASPA) paved the way for the modern US sports betting boom. PASPA went into effect in 1993,outlawing sports betting in all but four states.
Nevada, Montana, Delaware, and Oregon were exempt from PASPA, but other states weren’t permitted to offer sports betting under the language of the act. That changed
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