The NJ sports betting floodgates have officially been opened.
With sportsbooks open and operational at four New Jersey casinos and racetracks, it appears another five applications have been submitted to join the fold.
David Rebuck, director of the NJ Division of Gaming Enforcement, told the Associated Press Monday night that the DGE received two new applications for brick-and-mortar facilities on top of another three applications for mobile sports betting. Rebuck said he had set a deadline of Monday evening to have those applications received.
For the sportsbooks — current and incoming — it was more important to go live in time for football season. Rebuck said he expects the DGE will approve applications within the next few weeks to allow for those operations to go live by Aug. 1.
“Everybody wants to be fully functional by the end of August,” Rebuck said. “We’ll see.”
One of them is a casino we have long speculated to join the market and has now been confirmed as a brick-and-mortar and mobile applicant: Golden Nugget.
One step closer to sports betting
According to the AP, Golden Nugget vice president Tom Pohlman said his casino had applied for in-person and mobile sports betting, bringing the AC casino a step closer to joining its Las Vegas property as a wagering site.
For a brief spell following the US Supreme Court striking down the Professional and Amateur Sports Protection Act (PASPA) in May, it appeared Golden Nugget would not be authorized to offer sports betting at all.
The original version of the bill that legalized sports betting prohibited casino operators who had any ownership in teams from offering sports betting. What followed was an amended version noting that any casino owner who has more than a 10 percent stake in a team from offering wagering.
Golden Nugget is owned by Tilman Fertitta, who owns the NBA’s Houston Rockets. In Vegas, Fertitta’s property does not accept bets on Rockets games, but New Jersey was not satisfied. Fortunately for NJ’s Golden Nugget, the state’s legislature offered an eleventh-hour reprieve: The casino is authorized to offer sports betting, just not on NBA games.
After the decision, Pohlman offered his gratitude but also made clear the casino’s intention on eventually getting NBA contests in its sportsbook.
“While we recognize that today the legislation will prohibit us from accepting wagers solely on the NBA, we hope to persuade the lawmakers over time that the total NBA ban is unnecessary and should be limited simply to the Houston Rockets team owned by Mr. Fertitta.”
Other applicants for NJ sports betting
In New Jersey, there are 14 potential sports betting licensees between nine AC casinos, three racetracks, and two former tracks. Currently, four properties are operational:
- Monmouth Park
- Ocean Resort Casino
- Meadowlands Racetrack
Both Bally’s and Harrah’s recently had sportsbook plans surface in preparation to offer sports betting.
Caesars Entertainment, which own’s Bally’s and Harrah’s, also applied for permission to offer mobile sports betting affiliated with those two properties as well as with Caesars, which would have its brick-and-mortar sportsbook serviced by neighboring Bally’s.
Resorts has a deal in place with DraftKings but no word yet on whether Resorts is one of the NJ sports betting applicants.