Starting from 2012, Governor Phil Murphy and the state of NJ advocated for the reversal of PASPA, having an extended legal battle with the NCAA and the major leagues. It lets you bet and trade sports bets like stocks. In fact, New Jersey played a critical role in the decision by the US Supreme Court to overturn PASPA. Sporttrade is a sports betting exchange platform that operates in New Jersey and Colorado. On this page you will find the Sports Wagering Law, the Emergency Rules for Sports Wagering Promulgated by the Division of Gaming Enforcement, the Registration Form to file prior to wagering if you are a sports insider, and the answers to Frequently Asked Questions. Voters approved the measure back in 2011 in a state referendum and then-Governor Chris Christie signed a bill into. Yes, sports betting is legal in New Jersey as of June 11, 2018. Sports Wagering has been authorized pursuant to P.L.