Gov. Phil Murphy made it official: There won't be any legal sports betting in New Jersey by Memorial Day.
Despite the U.S. Supreme Court ruling that paved the way for it and Monmouth Park ready and able to accept bets by May 28, New Jerseyans will have to wait until a bill to regulate the industry is signed into law.
That's because Murphy agrees with the state's top lawmaker, state Senate President Stephen Sweeney, that New Jersey doesn't need to rush into accepting bets.
"The good news is that we're gonna look back on this X years from now and say this was an historic step in the right direction and we started it," Murphy said at a public event on Monday.