Online gambling, including mobile sports betting, has become a crucial part of New Jersey’s gaming industry, representing about 40% of the sector’s revenue. So when the state’s original decade-long authorization of online gaming came up for renewal this legislative session, many thought it would be a drama-free proceeding. But a bill to reauthorize online gambling for another 10 years was shrunk to just two years by the Assembly, with little explanation.
After heavy pushback from industry groups, a final version of the bill reauthorizing internet gambling for five years was passed by the Legislature. Gov. Phil Murphy signed the bill on Friday.
