In recent years, esports has grown into a major business around the world. Gaming isn’t just a hobby anymore, but can be a real, professional sport. Gamers have turned their gaming hobby into a lifestyle, and they can possibly earn a lot of money when they win tournaments.
With Esports becoming a real sport it is now possible to bet on esports in the same way as it is possible to bet on soccer or basketball, but one place where betting on esports is still a relatively new thing is New Jersey. It has been quite uncertain whether betting on esports is legal or not in New Jersey, but it looks like esports betting is starting to get included by many online casinos and other betting sites. At NJcasinoo.com you can find a list of the best online casinos and sportsbooks in New Jersey. But let’s take a closer look at esports betting in New Jersey.
Is esports betting legal or not?
There has been a lot of uncertainty whether Esports betting is legal or not. Betting on it is legal in many regions, and many more are adopting it as well. Previously, it has not been explicit whether it has been legal or not which has made it confusing for many people.
In order to make esports betting entirely legal in New Jersey, lawmakers in the state need to expand existing gambling laws. There is a good chance that esports betting will become legal soon because the esports market is growing and with new legislation on esports betting, gamblers and bettors in New Jersey will have even more to bet on.
Why has esports been banned in New Jersey?
Esports betting is slowly being approved in New Jersey, and now esports is starting to get added to the many legal casinos and betting sites in New Jersey. But what might be the reason why Esports has been banned in New Jersey up until now?
It is quite difficult to say for sure because it is probably a combination of several things. One of the reasons is possibly due to the fact that the majority of esports players and fans are under the age of 21, and therefore it is problematic to promote esports betting. It is difficult to say whether this is the case or not, but it could be one side to the story.
The future of esports betting in New Jersey
So what does the future hold for esports betting in New Jersey? It is difficult to say for sure, but now that esports betting is starting to become legalised in the state, it has the potential to grow fast.
It is important to remember that sports such as football, basketball and baseball are still the most popular to bet on, and it will take a while before esports betting will grow close to those traditional sports staples. Hopefully, people in New Jersey will come to realize that esports betting has great potential and with the growing popularity, esports betting can become a significant revenue source for the state of New Jersey.