New Jersey – a one time acceptance for its first esports wagers

The New Jersey Division of Gaming Enforcement (DGE) gave approval for the state’s licensed sportsbooks to accept wagers on the recent League of Legends World Championship finals. The approval for wagers to be placed on esports is a first for the Garden State,

However, this approval is attached with a few conditions: The bets have a maximum limit of $1000 USD and no provision of in-game offerings. Furthermore, wagers are only available during the Championship weekend only

David Schwartz, Associate Vice Provost for Faculty Affairs at the University of Nevada-Las Vegas acknowledged the Garden State’s voyage moment: “I think in the short term, betting on esports has the potential to be a small growth area. There is definitely fan interest, but right now betting on sports outside of the big three — football, basketball, baseball — is pretty small in the U.S. So it would be a small share of a small share of the overall sports betting handle.”