New Jersey

Latest newsPartnershipsCompetitor landscapeMarket dataComplianceRegulation

Operator/supplier deals

 

Online/land-based partnerships

Monmouth Park: William Hill sportsbook

 

Meadowlands Racetrack: FanDuel sportsbook

 

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, Party Poker NJ, Borgata Casino, playMGM, Borgata Poker, Pala Casino, Scores Casino

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

Hard Rock Casino: Hard Rock AC

 

Marketing deals

None

 

Sports teams/franchises

NFL:

New York Giants

201- 935-8222

 

New York Jets

973-549-4800

 

NHL:

New Jersey Devils

973-757-6100

 

MLS:

New York Red Bulls

877-727-6223

Licensed operators

State population

9 million

 

Revenue

 

 

Amounts wagered

Sports betting handle on completed events was $15.4m (from June 14 – June 30).

 

Margin was 7.8%.

 

Number of customers

Not reported

 

Total number of betting premises

Three

 

State tax take

For the month of June 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 transactions 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: 14.25% on GGR

Online gaming: 17.5% on 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 in New Jersey at Monmouth Park Racetrack on June 14.

 

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 an physical sportsbook to be permitted to make up to three online partnerships.

 

Is there any specific legislation for daily fantasy sports?

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

 

What legislation, if any, is currently pending?

None