The Latest: Regulators issue sports betting regulations
ATLANTIC CITY, N.J. (AP) — The Latest on New Jersey’s preparations for sports betting (all times local):
New Jersey gambling regulators have issued regulations for sports betting providers.
The state Division of Gaming Enforcement posted the technical regulations on its website Wednesday.
That clears the way for the Borgata to become the first casino to start taking bets. It plans to do so at 11 a.m. Thursday.
No other Atlantic City casino has announced plans to begin taking bets in the next few days, although they are free to do so.
Atlantic City’s Borgata casino plans to start taking sports bets Thursday morning.
The casino tells The Associated Press that, pending final regulatory approval, it intends to take its first bets at 11 a.m.
That’s 30 minutes after Gov. Phil Murphy places the state’s first legal sports bet at Monmouth Park racetrack in Oceanport.
The casinos and racetracks are waiting for final sports betting regulations to be issued, which is likely to happen Wednesday afternoon.
The Democratic governor signed the sports betting law on Monday.
A day before New Jersey’s governor makes his state’s first legal wager on a sporting event, sports betting will be the main topic at a major gambling industry conference in Atlantic City.
The East Coast Gaming Congress on Wednesday will discuss where sports betting stands and what might be next now that New Jersey has won a U.S. Supreme Court case clearing the way for all 50 states to legalize it if they choose.
Democratic Gov. Phil Murphy plans to make the first legal bet Thursday morning at Monmouth Park racetrack in Oceanport. The state’s casinos are waiting for guidance from state gambling regulators as to when they can begin taking sports bets.