New Jersey Sports Betting Launch in Time for World Cup

New Jersey sports betting moved one step closer to reality recently. The State Legislature voted to legalize sports betting, paving the way for casinos and racetracks to take wages and providing the state with a new source of revenue.

It is likely a matter of days now before cash can start changing hands at casinos in Atlantic City and at Monmouth Park Racetrack near the Jersey Shore and perhaps take advantage of the global interest in the World Cup, which begins next week, or the National Basketball Association finals.

The last remaining hurdle is the signature of Gov. Philip D. Murphy, a Democrat, who supports sports betting but has not said publicly when he would sign the bill into law.

More on New Jersey sports betting at the New York Times.