Sportsbook

New Jersey Senate could relax regulations on NBA betting

Friday 30 de August 2019 / 15:05

⏱ 1 min read

(New Jersey).- This week, New Jersey’s State Senate passed a law that would enable Atlantic City’s Golden Nugget Casino to take bets on all NBA contests, aside from those that involve the Houston Rockets team which was acquired by the casino’s owner, Tilman Fertitta, in 2017.

New Jersey Senate could relax regulations on NBA betting

Current legislation means that sports betting operators that are owned by individuals/companies with 10% or more holding in a team may not take wagers on games from that team’s league.

The regulations have had a significant impact on the revenue of the casino, with it taking just $539,503 from sports betting ($319,437 online and $220,066 for retail) – the second-lowest total of any New Jersey sportsbook.

That figure looks worse still considering that basketball, by far the most profitable sports wagering option in New Jersey, has so far attracted circa $855m in handle.

Moving forward, the bill will be moved to Governor Phil Murphy for final approval. Should he approve, the loosening of restrictions will likely be warmly welcomed by Golden Nugget and the overall sports betting sector.

Integrity and a matter of conflict of interest saw the implementation of the bill, however with Bill A5463 passing smoothly through the Assembly 76-0 in June and the Senate 26-1 on Monday, it’s seemingly clear that there has been an error of judgement.

Categoría:Sportsbook

Tags: Sports Betting, NBA , Sportsbook ,

País: United Kingdom

Event

SiGMA North America 2026

01 de September 2026

AIEJA Highlights Success of SiGMA North America in Mexico

(Mexico City, SoloAzar Exclusive).- Dr. Miguel Ángel Ochoa Sánchez, Executive President of AIEJA, underscored the success of the inaugural SiGMA North America in Mexico, noting its crucial role in elevating the local gaming industry on the global stage. Speaking at the event—held September 1-3 at Mexico City's Centro Banamex—he also broke down key regulatory hurdles, strategies to combat illegal gambling, and emerging opportunities within the sector.

Wednesday 09 Sep 2026 / 12:00

PopOK Gaming's Yo Dragon Wins Best Slot Game at SiGMA America 2026

(Douglas).- PopOK Gaming wins Best Slot Game 2026 for "Yo Dragon" at SiGMA North America Awards.

Tuesday 08 Sep 2026 / 12:00

Amusnet Reinforces LATAM Strategy with Best Live Casino Game Award

(Sofia).- Amusnet took home the prestigious Best Live Casino Game Provider 2026 award at the SiGMA North America Awards, cementing its technological excellence and growing footprint in the Latin American iGaming market. During the event, the company reaffirmed its commitment to delivering highly localized solutions and building long-term, sustainable partnerships with operators across the region.

Monday 07 Sep 2026 / 12:00