New Jersey

Latest newsPartnershipsCompetitor landscapeMarket dataComplianceRegulation

 

Online/land-based partnerships

Monmouth Park: William Hill, PlaySugarHouse

 

Meadowlands Racetrack: FanDuel, PointsBet

 

Licensing deals

Hard Rock Casino: bet365

Meadowlands: PointsBet

Caesars Interactive Entertainment: Harrah’s Casino, WSOP, 888 Casino, 888 Poker, Caesars Casino

Tropicana Casino and Resort: Tropicana Casino, Virgin Casino

Golden Nugget Atlantic City: Betfair, Golden Nugget Casino, SugarHouse Casino

Ocean Resort: Ocean Casino

Borgata Hotel and Casino: Party Casino, partypoker NJ, Borgata Casino, playMGM, Borgata Poker, Pala Casino

Resorts Casino Hotel: MoheganSunCasino, Resorts Casino, PokerStars NJ (poker and casino), DraftKings

Hard Rock Casino: Hard Rock AC

 

Partnership/sponsorship deals with professional sports teams

888sport is an official partner of the New York Jets.

William Hill, Caesars and FanDuel have each inked official deals with the New Jersey Devils.

 

 

Number of customers

Not reported

 

Total number of betting premises

Nine

 

State tax take

For December 2018, total gaming taxes were $18.8m.

What type of licenses are available?

Sports betting, DFS, online casino, online poker.

 

How many skins are permitted per license?

Three for sports betting; unlimited for casino.

 

How do you apply for a license?

Via the DGE website.

 

For operators: https://www.nj.gov/oag/ge/casino_licensing.htm

 

For vendors: https://www.nj.gov/oag/ge/sils_licensing.htm

 

Licenses are required for casino owners and operators, casino employees, and vendors.

 

Firms can apply for a temporary transactional waiver for a cost of $100,000

 

What are the license fees?

The full list of costs is available here

 

The initial egaming permit costs $4000,000 in total, with a responsible gambling fee of $250,000 per annum

 

What are the integrity fees?

None

 

What is the current tax rate?

Online sports betting: Those with casino-licenses pay 13% GGR, while it’s 14.25% for horse track licenses. For context, operators offering online casino and poker are taxed at 17.5% of GGR. Brick-and-mortar sportsbooks pay 9.75% of GGR.

 

Is there a self-exclusion register in the state?

Yes, more information available here: https://www.njportal.com/dge/selfexclusion

 

Is sports betting regulated or unregulated? 

Regulated

New Jersey governor Phil Murphy placed the first legal sports bet at Monmouth Park Racetrack on June 14. DraftKings was the first operator to launch a mobile sports betting app (on Resorts license) on August 6. There are currently 10 online sports betting brands available in the state: DraftKings, playMGM, PlaySugarHouse, FanDuel, William Hill, Caesars, BetStars, PointsBet and Hard Rock.

 

Regulator details 

New Jersey Division of Gaming Enforcement

1300 Atlantic Avenue

Atlantic City, NJ 08401

609-984-0909

info@njdge.org

 

Director: David L. Rebuck

 

Is sports betting permitted online?

Yes, but operators must also have a physical sportsbook to be permitted to make up to three online partnerships with B2C brands.

 

Is online registration required in person?

No

 

Is there any specific legislation for daily fantasy sports?

New Jersey introduced DFS regulation in August 2017. Operators are taxed at 10.5% of gross revenue.

 

What legislation, if any, is currently pending?

None