New Jersey Governor Phil Murphy signed a bill into law allowing for legal sports betting.<br />According to Reuters, Gov. Murphy's signature has opened the door for the state to begin regulating and taxing gambling activities at casinos and racetracks.<br />New Jersey is the second state to pass legislation that eases gambling on sports, following Delaware.<br />Gov. Murphy added that the law will allow casinos in Atlantic City, and racetracks across the state, to attract new businesses and customers. <br />
