Tag: New Jersey
New Jersey Report Tackles Unregulated Gambling Markets
In a report submitted to the Governor of New Jersey, the Responsible Gaming Task Force focuses on the rise of unregulated gambling. The report identifies four main areas of unregulated betting: social and sweepstakes
New Jersey AG Says Event Contracts Are Illegal Sport Wagers
New Jersey Attorney General Matthew Platkin has submitted his opinion to the courts in the state’s case against Kalshi. He claims sporting event contracts are no more than sports betting and must comply with state
New Jersey Assemblyman Calabrese Reverses Course, Moves to Ban Sweepstakes Casinos
New Jersey Assemblyman Clinton Calabrese has introduced a bill that looks to prohibit online sweepstakes casinos, just weeks after he filed a bill that aimed to regulate them. Assembly Bill 5447 would prohibit online
Crypto Betting Ads Unlikely as New Jersey Moves to Ban College Sportsbook Partnerships
The New Jersey Assembly has approved a bill that would ban sportsbooks from forming partnerships with college sports programs to provide direct marketing and advertising. Assembly Bill 4113, a carry-over bill from last
New Jersey Proposes Gambling Tax Hikes in Budget, Crypto Gets No Mention
The latest budget plans in New Jersey propose increasing the tax rate on iGaming and online sports wagering. Governor Phil Murphy’s Summary of Budget Recommendations suggests increasing the iGaming and sports wagering
Crypto iGaming in New Jersey? Record Revenues Show Growing Digital Demand
New Jersey recorded its second-highest iGaming revenue in a single month, showing 20.9 percent year-over-year growth and reaching $221.6 million. The underlying data clearly shows the public’s appetite for digital