Sports Betting in New Jersey
Fully LegalLast verified: April 2026
Quick answer: New Jersey bettors have access to 13 licensed sportsbooks, 6 CFTC-regulated prediction markets, 3 peer-to-peer sweepstakes exchanges.
Licensed Sportsbooks
State-licensed regulated sportsbooks. Operator tax rate: 14.25%. Online betting legal since June 2018.
Prediction Markets
Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks. Federally affirmed: the Third Circuit ruled in Kalshi's favor on April 6, 2026, holding that the Commodity Exchange Act preempts New Jersey's gambling laws as applied to CFTC-regulated event contracts.
Peer-to-Peer Sweepstakes Exchanges
Dual-currency model. Trade directly against other users instead of against a sportsbook.
Legal Status
Pioneer market — second state to legalize after Delaware. 15 active online sportsbooks (down from peak of 26, showing market consolidation). Feb 2026 handle declined 14% YoY, suggesting saturation.
Online sports betting has been legal in New Jersey since June 2018.
Tax Information
14.25% on online operator revenue.
College Betting Restrictions
No in-state college bets. No college player props.
Legislative Timeline
- May 14, 2018NJ wins SCOTUS case Murphy v. NCAA
Strikes down PASPA, ending the federal ban on state-level sports betting.
- June 2018Retail sports betting launches at Monmouth Park
- August 2018Online sports betting launches
NJ quickly becomes the largest U.S. sports betting market.
- April 6, 2026Third Circuit rules for Kalshi
Federal appellate court holds CFTC preempts state gambling laws for prediction markets.
How DawBets Helps New Jersey Bettors
DawBets compares odds across every sportsbook available in New Jersey in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.
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