Introduction: Off to a flyer
Introduction:
Off to a flyer
Igaming being up and
running in NJ for more
than four years before
the lifting of PASPA
puts it in the box-seat
to leverage the digital
potential of sports
betting
4
Oscars betting entered the US
mainstream in February this year, at
least in New Jersey. Eight months on
from the Garden State becoming the
first to take advantage of the striking
down of PASPA by the Supreme
Court and moving to expand the
footprint of sports betting in the US,
the media lavished attention on the
novelty of being able to bet on best
director and best movie.
The attention is significant, marking
how far New Jersey and its operators
have come in a short space of
time. Their own award for best new
regulated gambling market is assured.
As Jake Williams, vice president
of legal and regulatory affairs
for Sportradar says, the plaudits
should really go to the regulators, who
were given the brief, following the
overturning of PASPA in May, to get
the market up and running in as short
a timeframe as possible.
“The regulators in New Jersey had
the toughest job in the land,” he adds.
“They had to get their regulations
together in super quick time and they
faced a lot of obstacles.”
There is no better experiment
than a live test and in this sense, New
Jersey is the perfect market to help
better understand both how regulated
sports betting is likely to fare in the
US as well as how it will interact with –
and influence – online gaming.
New Jersey: data and lessons from the first five years of the US’ leading digital market