Warning from New Jersey Governor being heeded to wait for sports bet approval

It appears that any attempt to crank up sports betting in New Jersey prior to gaining approval from Gov. Phil Murphy may have been nipped in the bud.

David Madden
June 08, 2018 - 4:37 pm
Sports Betting

The News Journal-USA TODAY NETWORK

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NEW BRUNSWICK, NJ (KYW Newsradio) --  It appears any attempt to crank up sports betting in New Jersey prior to gaining approval from Governor Phil Murphy may have been nipped in the bud. A written warning's been issued to racetrack operators in the state.
                
A letter from the state Racing Commission to the owners of the state's three racetracks makes it clear. They need a vendor's license first. There'll be discipline against any entity that proceeds without one. And perhaps most importantly, state regulators who will issue the license will not take kindly to anyone who opens before Murphy signs off on the bill.
                
And the Governor, speaking to reporters at an event in New Brunswick, insisted he's not just sitting on the bill.
                
"I want sports betting. Believe me," Murphy said. "I want to place the first bet in New Jersey if I can. But we want to make sure we do it right."
                
Murphy wouldn't put a time limit on his review and insists he's not using sports betting as a bargaining chip in budget discussions with the legislature.
                
"I think the key is doing it right," the governor added. "I don't think we're going to look back a year from now and, you know, did you get it done on a Friday or a Monday? I just don't think that's the case."
                
It seems the warning is being heeded by racetracks and casinos alike, even though some were banking on a lot of weekend wagering.