New Jersey considering $5 million sportsbook ceiling
New Jersey considering $5 million sportsbook ceiling Adam Morgan January 23, 2019 Latest Casino and Gambling News , Gaming Law & Legislation , Online gambling regulation , The Players Lounge , Online Gambling News , Sports betting , New Jersey The New Jersey Division of Gaming Enforcement has reportedly proposed changing the eastern state’s regulations on sportsbooks so as to prohibit licensed operators from accepting individual wagers of more than $5 million. High-roller concerns: According to a Monday report from NJOnlineGambling.com along with a later story from European Gaming Media and Events , the proposed alteration is contained in a 106-page document of suggested revisions and is being seen as an attempt to make sure none of New Jersey ’s nine casinos get into trouble trying to please potential high-value bettors. Small-stake market: However, NJOnlineGambling.com reported that the recommended change comes despite the fact that th