The first Borgata-partnered online sportsbook initially launched as playMGM, then once MGM partnered with European-based industry giant GVC Holdings to create Roar Digital, the site and app were rebranded as BetMGM. Active New Jersey Online Sportsbooks BetMGM For both there is an additional 1.25% “investment alternative tax” which goes to tourism and marketing programs in Atlantic City. Gross revenue for sports betting in New Jersey is taxed at 8.5% for the retail sportsbooks and 13% for online sportsbooks. Each that does become a sports wagering licensee is then allowed to provide up to three individually branded sports wagering websites or “skins.” With nine casinos and five racetracks (one of which is now defunct), that means at present there can be up to 42 online sportsbooks in the state, and in fact New Jersey is already nearing half that total (see below). New Jersey allows casinos and racetracks to apply for licenses to open and operate retail sportsbooks. The only restrictions are you cannot bet on high school sports, nor can you bet on collegiate events happening in New Jersey or happening anywhere if they involve New Jersey schools. You can bet on collegiate and professional sports, including both American and international events. The types of sports betting options available run the gamut, including traditional single-game wagers on spreads, moneylines, and totals, game and player props, parlays and teasers, futures bets, in-game or “live” betting, and more. It is possible to register and even fund online sportsbook accounts from outside of New Jersey, but you will need to be within state lines in order to place a wager. Like other states, those in New Jersey can either place bets at any of the sportsbooks located at Atlantic City casinos or at the state’s two racetracks.īettors can also register accounts at any of the many available online sportsbooks. New Jersey has fast become one of the most popular states for sports betting with a rapidly-growing number of retail and online options. If you are a resident of New Jersey or even just visiting the state, you can bet on sports as long as you are at least 21 years of age. Benefits of Legal Mobile Sports Betting in New Jersey.Available Platforms for New Jersey Online Sportsbooks.Banking Options for New Jersey Online Sportsbooks.New Jersey Online Sportsbooks Coming Soon.

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