Online Sports Betting in New Jersey

online betting

Online betting can be extremely addictive. A recent survey found that 23.2 million Americans plan to wager $4.3 billion on the Super Bowl. Seven million of them plan to bet online. Legalized sports betting is expected to generate $1 billion in revenues by 2023 and will expand sixfold by 2033. It is estimated that total U.S. sports betting revenue will reach $19 billion by 2023. This means that there is significant potential for growth for new multi-billion dollar marketing niches.

The state has a long-standing rivalry with the New York Red Bulls and the Black and Reds. Each year they play for the Atlantic Cup, which is a prize of millions of dollars. The online betting in the Atlantic Cup is expected to be intense this year. If you want to get in on the action, visit one of the Maryland online sportsbooks to register for an account. By signing up through apps and web sites, you can easily access sportsbook accounts.

Online gambling in the US is legal in 48 states, including New York. The only states that have prohibited sports betting are Hawaii and Utah, which have large Mormon populations and a high population. Neither state has passed laws legalizing sports gambling. Residents of those two states are concerned that gambling will hurt family ties. However, there are no laws banning sports betting in New Jersey. As long as the sports betting market grows in the state, the potential revenue is huge.

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