Murphy to place first sports bet after signing law Monday

Gov. Phil Murphy said he will place the first legal sports bet in New Jersey after signing legislation Monday to regulate and tax sports wagering at Atlantic City casinos and the state’s racetracks.

“Today, we’re finally making the dream of legalized sports betting a reality for New Jersey,” Murphy said. “This is the right move for New Jersey, and it will strengthen our economy.”

Murphy plans to place the first bet Thursday morning at Monmouth Park Racetrack in Oceanport. It was unclear when or where the first bet at an Atlantic City casino will be placed. The governor is scheduled to be in Atlantic City on Tuesday at Harrah’s Waterfront Conference Center, where he will speak at the New Jersey AFL-CIO convention. He is also scheduled to be the keynote speaker Thursday at the East Coast Gaming Congress at Harrah’s.