Virtual Sports Betting is the latest online gambling product to launch in New Jersey.
Online gambling is booming in New Jersey, as online casino and poker earnings continue to be the highest earned in the United States. New Jersey has easily surpassed Nevada and Delaware, creating record numbers each month with online gambling numbers as well as continuing to offer new and exciting options for players to enjoy. Perhaps the state will have a little competition next year as Pennsylvania begins to offer online gaming but for now, NJ reigns supreme. To add to their success, New Jersey is now offering even more online gambling options with the addition of virtual sports betting.
Approved for Virtual Sports Betting
The New Jersey Division of Gaming Enforcement recently approved virtual sports betting and now Inspired Gaming is offering such services to residents and visitors to the state. Virtual sports is a mix of sports betting and realistic video games with players placing sportsbook style bets on the video game. Bettors watch as the gaming action unfolds, hoping that the outcome helps to fatten their pocketbook. The outcome is determined by a random number generator which makes the option different from traditional sports wagering.
Where to Play?
Now that virtual sports betting is available, its important to note where the games can be enjoyed. SugarHouse was the first to launch the option and other operators are set to follow suit including Resorts Casino, Betfair Casino and the Golden Nugget. Resorts Casino actually has big plans for their virtual sports gaming, set to provide players with virtual options via a new on-site iGaming Lounge in Atlantic City.
The digital arm of Resorts AC is led by EA Gaming Consultancy CEO Ed Andrews who stated that the new virtual sports games are key to the strategy for the new lounge and they feel the new addition will be very popular and potentially create an exciting atmosphere in this area of the resort.
What Gaming Will Be On Offer?
Now that virtual sports are a go, you may be wondering what games will be on offer. At SugarHouse, players will have access to soccer and horse racing wagering. Sources suggest that additional virtual sports betting options will include speedway racing, dog racing and motor racing in the future. It is believed that even more content will be made available in the future including football, the American version.
Virtual sports have been quite successful in Europe, so it will be interesting to see how they fare in the United States. In the UK as well as Italy, virtual sports create around 30% of the sports betting handle. In Europe, the option is actually something on offer when sports betting has a lull. In the United States, sports betting is already a no go, at least right now. So, since this will be the only form of sports betting for real money in the state, it would not be surprising to see the activity become popular.
New Jersey is also currently looking to see sports betting become a reality in their state. In just a few days, the United States Supreme Court will be hearing a case for the state involving sports betting. NJ would like to see the Professional & Amateur Sports Protection Act of 1992 repealed and each individual state given the right to choose if they want to offer sports wagering. Only time will tell if the state will be allowed to offer such gaming but in the meantime, players will have access to the new virtual sports betting option.