New Jersey governor Phil Murphy places state's first sports bets

The state credited with further opening the doors to legalized sports gambling began taking bets on Thursday. New Jersey governor Phil Murphy placed the first bets in the state at Monmouth Park Racetrack -- a $20 bet on Germany to win the World Cup and a $20 bet on the  New Jersey Devils to win the Stanley Cup next season. Joining Murphy was former state senator Ray Lesniak, who drafted the New Jersey Sports Betting Act. It was signed into law in 2013, but the state had to wait until last month when the U.S. Supreme Court ruled the Professional and Amateur Sports Protection Act Of 1992 unconstitutional. That allowed the states to unilaterally make their own decisions in regard to sports betting. The state was beaten to the punch when last Tuesday, the state of Delaware -- which previously offered an NFL parlay card -- began taking its first single-game sports bets. New Jersey is expected to be a big betting state. William Hill U.S. chief executive Joe Asher...

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