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Meadowlands to offer sports betting July 15

June 14, 2018

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The era of sports wagering got underway in New Jersey on Thursday morning when Gov. Phil Murphy placed a pair of wagers at 10:38 a.m. at Monmouth Park Thoroughbred racetrack. Murphy, a former U.S. ambassador to Germany, bet on Germany to win the World Cup and the New Jersey Devils to win the 2019 Stanley Cup.

"I'm betting $20 on Germany to win the World Cup, and $20 on the New Jersey Devils to win Lord Stanley's cup," Murphy said as he was placing his bets in front of a big crowd (estimates were of hundreds) that had lined up behind him to also place wagers.

While first reports indicated that the Meadowlands—in partnership with Betfair US—would not open its sportsbook until the National Football League season begins in late summer, the date is now set for July 15, pending regulatory approval, according to general manager and CEO Jason Settlemoir.

New Jersey's legislature approved sports wagering in 2014, but the Professional and Amateur Sports Protection Act (PASPA) which had been passed in Washington, D.C. in 1992 limited bets in only four states, including Nevada, precluded any action taken in the Garden State. New Jersey brought suit, which was heard by the U.S. Supreme Court, which ruled on May 14 to strike down the PASPA.

Delaware was the first state to offer full-blown sports wagering on June 14, and New Jersey became the second on Thursday.

Gov. Murphy said after he placed his wagers at Monmouth Park—a sportsbook operated by William Hill US—he was heading to Atlantic City to make a couple of more plays at Borgata, which also opened its sportsbook on Thursday.

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