New Jersey will allow casinos in Atlantic City to run fantasy sports
tournaments this year after an attempt to legalize betting on professional and college
games in the state was blocked by a federal judge.
New Jersey's Division of Gaming Enforcement yesterday announced temporary regulations that will allow the casinos to accept entry fees and pay out winnings for fantasy sports games. The regulations will run for 270 days starting on April 22 with the intention of becoming permanent.
A fantasy sports tournament, as defined by the regulations, is a simulated game involving athletic events in which a patron manages an imaginary sports team and competes for a prize against teams put together by other patrons.