![]() Harris' Apollo Global Management owns less than 10 percent of Caesars Entertainment, which in turn owns Harrah's, Caesars and Bally's. Joshua Harris owns the Philadelphia 76ers and the New Jersey Devils and would get in under a clause allowing those who own less than 10 percent of a casino or gambling company to participate in sports betting. But under a clause in the bill, MGM would be approved because the team generates less than 1 percent of its total annual revenue. The William Hill Sports Book has over 100 HDTVs and a 75 video wall. The bill would ban casinos or executives who own professional sports teams from offering sports betting, theoretically counting out Borgata owner MGM because it also owns the WNBA's Las Vegas Aces. Monmouth Park was the first New Jersey location to introduce legal sports betting in June 2018. It would benefit the Borgata and three casinos owned by Caesars Entertainment. It is the state’s largest monthly handle (the total amount gambled) since legal sports betting was introduced in summer 2018. With that, New Jersey has regulations that may differ from other. ![]() The measure also is full of clauses that would help at least four casinos offer sports betting even though they or their owners have ownership ties to professional sports teams. Sports betting in New Jersey is regulated by the states Division of Gaming Enforcement (DGE). Internet betting would begin 30 days after the rest of the law takes effect. ![]()
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