This story was published more than 2 years ago.
The State of New Jersey is about to get a ruling on its sportsbetting legal challenge from the Supreme Court, but lawmakers are already preparing for a win by introducing a new bill that would regulate the activity.
The most recent bill was introduced by Assemblypeople Eric Houghtaling, Joann Downey, and John Burzichelli, and would require operators to put up an integrity fee to be paid before wagers are accepted. The Garden State has put up nearly $9 million in legal fees to push the sportsbetting case to the Supreme Court, and is likely looking to recoup those costs quickly.
Fees and taxes included in the bill include:
We are eagerly awaiting the Supreme Court's decision on sportsbetting. If the court rules in favor of New Jersey, it will likely open the door to expanded sportsbetting throughout the United States.