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.
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
BiS SiGMA South America 2026
06 de April 2026
Air Dice Strengthens LATAM Presence with BiS SiGMA São Paulo Trade Show
(São Paulo, SoloAzar Exclusive).- Erkki Nikunen, Partner & CBDO at Air Dice, discussed the company’s participation at BiS SiGMA São Paulo. In this exclusive conversation with SoloAzar, he shares insights on their experience as exhibitors, business opportunities generated, and the company’s vision for Brazil and the wider Latin American market.
Wednesday 06 May 2026 / 12:00
R. Franco Digital Sees Brazil as Key Pillar for LATAM Expansion at BiS SiGMA South America
(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, R. Franco Digital highlighted Brazil’s vast growth potential and the importance of localized, innovative slot content for Latin American audiences. In this Q&A, Thiago Calmon, International Key Account Manager, reported high-quality meetings, new operator discussions, and reinforced partnerships—underscoring its long-term commitment to the region.
Wednesday 06 May 2026 / 12:00
Habanero strengthens its Latin America strategy with a focus on Brazil and regional expansion
(São Paulo, SoloAzar Exclusive).- Milda Mikelioniene, Business Development Executive at Habanero, explains how the company is consolidating its presence in Brazil and other key markets such as Mexico, Colombia and Peru, highlighting the importance of localisation, strong partnerships and participation in industry events like Bis SiGMA South America to drive sustainable growth across the region.
Wednesday 29 Apr 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
