July 23rd was the cut-off date for New Jersey operators to hand in their submission to offer sports betting online. Which means if an operator wants to have a sportsbook website they need to respect it. Otherwise, they’re risking not to be able to offer this product on the upcoming NFL season.
David Rebuck of the state Division of Gaming Enforcement said. “The casino industry knew about this timeline since July 9th”. Which means the operators had a full 28 days to make their submission since Sportsbook kicked off in NJ!
What are the risks associated with missing the deadline
What’s more is that Rebuck informed the operators in January 2018 of the submission process. He then said that this time around the applications would go thru testing and approval on an individual basis and arrival, not in a batch like in 2013.
So, what does this mean, to uphold regulations? All operators need to go thru a ridged test procedure. On both product and platform to make sure regulations are up to par.
Now, as there is a lot of boxes to tick, the DGE gave this generous timeline. Missing the deadline could harm the NFL sports bet season in September. Although, it’s not set in stone that if you miss the deadline, you will not be able to offer this product. But you are at significant risk of doing so!
Who’s affected by this deadline?
For now, they’re four New Jersey operators who offer sports betting. Hard Rock Casino, Ocean Resort casinos, Borgata, and Meadowlands Racetrack in East Rutherford. So, if you’d like to place a bet on the opening match (the Atlanta Falcons and Philadelphia Eagles), they’re ready to take your bets if you visit them.
Otherwise, you can also wait for the others to launch their Sportsbook product online…. Well, that is if they’ve managed to stick to the deadline!