New Jersey has long been leading the way in terms of online gambling. You only have to look at the swift introduction of sports betting in 2018 to understand New Jersey’s approach to gambling in general and their openness to offering legal betting options in the state. When in New Jersey, you will find legal sportsbooks at both casinos and racetracks, in addition to mobile apps.
However, what about the prospect of esports and esports betting in New Jersey? Does the state need to introduce esports betting and if so, is it close to happening?
You only have to look at the recent COVID-19 situation to understand the important role esports has been playing throughout the world. While the majority of live professional sporting events were cancelled or postponed, it was still possible to enjoy watching the best esports players in action online. Thankfully, at the time of writing, we are back in a position to enjoy watching live sport such as the NBA and the NFL. However, with coronavirus still in the community, there remains a chance we could see the postponement of major sporting events again at any time.
So, esports is a vital source of entertainment and income for any state in the US willing to embrace the industry. You only have to look at the recent pandemic to find evidence of esports teams from New Jersey participating in big events. The Stockton Rocket League esports team from Stockton University took advantage of the situation and earned some extra cash in the process by participating in online competition.
The 2020 Collegiate Rocket League saw close to 600 teams enter, with all games being played remotely. The Stockton team earned almost $4,000 in prize money from participating in the event. This goes to show how important esports is right now and the impact it could have on the future of gamers in New Jersey.
Therefore, with the high level of competition in NJ, it would not be the same without having the opportunity to place a wager on esports events and matches. A637, which is a bi-partisan bill, is hoping to see the inclusion of esports betting within the state’s legislature. If this bill is passed, it would mean esports is classed as a ‘sporting event’ in the eyes of the New Jersey Division of Gaming Enforcement.
This will be music to the ears of those eager to enjoy a wager on esports events but also the betting companies who want to offer esports betting markets. When the new legislation is in place, fans are sure to have a great selection of online esports betting options. The question is, will gamblers opt for FanDuel or DraftKings? These are two of the biggest names in United States online betting and both will be eager to bring a huge range of esports betting markets and odds to NJ.
Whichever of the two excellent gambling websites you decide to use, there are exciting times ahead in the world of esports betting for those residing in New Jersey. esports betting is a multi-million dollar industry and that is why New Jersey cannot afford to miss out.