It's a bad day for New Jersey's bookies. After a seven-year battle, legal sports betting begins in the Garden State this morning with Governor Phil Murphy placing the first wager at Monmouth Park Racetrack's William Hill Sports Bar. Folks will be able to plunk down money on professional sports, including the NBA, NFL, U.S. Open Golf, Nascar and World Cup Soccer, at racetracks and eight Atlantic City casinos with the Borgata offering sports betting later today. You'll also be able to bet on college sports, as long as the teams aren't from New Jersey.
Legal sports betting in New Jersey is expected to generate 13-million-dollars a year in tax revenue.