Fantasy Leagues To Be Operated By NJ Casinos Under New Regulations
TRENTON, N.J. (CBSNewYork) – Sports betting is finally set to get off the ground when rules for New Jersey casinos to run fantasy leagues go into effect Monday.
Under the temporary regulations set to take effect, anyone taking part in the casino’s fantasy leagues will have to be at least 21 years old.
Casinos can partner with fantasy league operators to let them run the tournaments. The gaming halls can also take entry fees and pay out winnings at casino cages, according to the regulations.
“This is brand new, it’s a developing thing. We’re really focused as a regulatory and enforcement agency in making sure they’re done the right way to make sure they’re done with integrity and to make sure that only the appropriate people are involved,” New Jersey Attorney General Jeffrey Chiesa told reporters including WCBS 880’s Levon Putney.
Chiesa’s office oversees the Gaming Enforcement Division, which came up with the temporary regulations. Chiesa said he hopes the fantasy leagues take off.
“It’s an amenity that Atlantic City can offer that’ll hopefully continue to draw more people down there,” Chiesa said.
The AG added the new regulations are designed to make more of an effort to weed out compulsive gamblers.
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