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N.J. operators roll out mobile sports betting; NBA signs sports betting deal with MGM

New Jersey sportsbook operators are now rolling out mobile sports betting options.

Once live, New Jersey will join Nevada as the only states offering legal mobile sports betting.

DraftKings, a prominent daily fantasy operator entering the sports betting space, announced Wednesday that it is opening registration for its mobile sports betting app in New Jersey and will begin with an invite-only trial period. Participants in the trial will be able to bet, win and lose real money. DraftKings did not give a definitive length of the trial but said that it is the final step before receiving approval by New Jersey Division of Gaming to officially launch the sportsbook in the state.

MGM CEO Jim Murren said Tuesday that the Borgata in Atlantic City will begin offering mobile wagering by the end of the week, but no official launch date has been set. Caesars Entertainment, which operates multiple Atlantic City casinos, has said it will implement a sports betting app “quickly.” Caesars and MGM each offer mobile sports betting in Nevada.

New Jersey sports betting apps will use geolocation to require that all mobile bets are placed from within state lines.

The NBA has signed a sports betting deal with MGM.

The NBA announced on Tuesday that it will partner with MGM Resorts International, signing a $25 million contract that will make the major casino company the NBA’s exclusive sportsbook partner for the next three years. The unprecedented deal will give MGM rights to the leagues’s real-time data, as well as any NBA branding, like team or league logos. It will not, however, preclude other sportsbooks from doing similar deals with the league.

Caesars Entertainment is opening sportsbooks in New Jersey and Mississippi.

Bally’s casino in Atlantic City started taking sports bets Monday morning. Its sister casino in Atlantic City, Harrah’s, will start taking sports bets on Wednesday.

The company says it soon will offer mobile sports betting as well, although it did not set a timetable. The gambling industry is closely watching to see which casino will be the first in New Jersey to offer online sports betting following a May ruling by the U.S. Supreme Court on a case brought by the state that cleared the way for all 50 states to offer legal sports betting, should they choose.

Professional sports bettors say they can find advantages in the NFL preseason according to article published by ESPN Chalk.

“A lot of people think the preseason is a complete crapshoot,” professional bettor Ron Boyles told ESPN. “I don’t think there’s too many things better, actually.”

That’s the thing with Vegas sharps. There’s no style points to be had — all tickets cash the same. Just find an advantage.

“A lot of people would say the same thing about betting WNBA or even tennis,” professional bettor Preston Johnson told ESPN. “If there is an edge to be had, it’s usually the professionals to take advantage of an opportunity.”

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Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

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