World

New Jersey on Track to Legalize Sports Betting

Published

6 years ago

February 3, 2020

New Jersey gambling industry is going to see a big change in the form of Esports betting once the related bill gets passed in the NJ Assembly. It will not just introduce a plethora of entertainment opportunities for NJ players but also help to increase the value of the state revenue. And post the implementation of this new sports betting legislation, the overall revenue of the state will see a sky-rocket growth.

Currently, the global gambling industry stands at $4.58 billion (2019) and technology advancement has been playing a crucial role in increasing the demand for online casino games as well as sports betting. This boost in the online gambling industry has not just offered business opportunities for casinos and sports betting companies but it has also contributed to increasing the development of various sectors in New Jersey.

In the year 2018, the state had already introduced the sports-gaming law that legalized the in-person and online sports betting for the general population. Citing the example of the legalization of casino games and online sports betting, Assemblyman Ralph Caputo (D-Essex) sponsored the legislation to call for the legalization of esports betting under the 2018 sports gaming law.

The bill has been receiving huge support from partisan and it is about to get passed to legalize esports games in New Jersey. The sole motive of this bill is to make esports legal and popular. It will allow people to place bets on esports, especially on League of Legends in order to win a huge amount into their pockets. Many stakeholders will get benefitted due to the popularity of esports competitions just like sports betting. And New Jersey, as well as the global online gambling market, will see a big boost in the coming time.

After the one time permission granted by DGE in 2018, New Jersey’s gambling operator, many sportsbooks offered odds for League of Legends World Championship and this offer received a humongous response from online visitors. Hence, the discussion on legalizing esports is not new for New Jersey people. In the US, esports is not fully acceptable and hence online sportsbooks do not offer odds for tournaments falling under this category.

Since esports enjoy a huge demand among people and hence the legalization of esports under sports gaming law will simply make New Jersey a prominent place to offer opportunities for esports tournaments. After Nevada, it will become the second place to do so. Other than this, it will also become possible to keep a check on the illegal and unlicensed gambling operators working in New Jersey.

In addition to this, it will also offer more security to gamblers in the online betting market as it will become possible for gambling operators to put a check on online crimes happening in the New Jersey gambling industry. Legalization of sports betting has been receiving a lot of attention in many states of the US and it is in high demand to produce a high revenue for the other development works.

After the passing of the new sports betting act in New Jersey, it will be easier to generate enough funds for the development of educational and other important institutions in order to provide better facilities to the people of the state. It will also give a new boost to the global gambling industry and open more options for people to invest their money in different games in addition to entertaining themselves at the same time.

According to NJGamblingFun, New Jersey casino operators earned over 482 million dollars in profit in 2019 and the tax from this earning simply contributed to the revenue of the state to a great extent. And the December month of 2019 saw a record-breaking earning ($49.3 million) and this earning played a crucial role in taking the total to a huge value. New Jersey Games Application Division announced this news on its official platform in the month of January.

If we compare it with the statistics of the year 2018, then the December month revenue in 2019 witnessed a hike of about 70%. Until now, the process of legalizing the esports betting is underway, people have already started expressing their expectation from this bill.

This simply indicates that New Jersey people are so eagerly waiting for this new change in the world of esports. Under the bill, it has been mentioned that only the guidelines mentioned in the 2018 sports gambling law will be accepted and it has to comply with the stated standards of the DGE.

World

Swiss International University Enhances Student Employability with Major Global Collaborations

Published

3 weeks ago

November 8, 2025

Jenny Jackson

New collaborations with Citibank, Abu-Ghazaleh Global, RAK Properties, and others strengthen SIU’s commitment to connecting academic learning with global career opportunities.

Swiss International University (SIU) has already informed about the new corporate partnerships that will start in October 2025 and that they will provide students with better access to internships, training programs, and job opportunities in various fields.

The new partnerships are aligned with SIU’s goal to combine education with the real world, as they ensure that the graduates are equipped with the required knowledge, skills, and professional exposure to be successful in the global economy of today.

In the last few weeks, SIU has formed alliances with several major companies, including those from the banking, business, hospitality, real estate, and consulting sectors. The students will be actively involved in each collaboration through internships, practical training, and the career opportunities that will be given to them during or after their studies.

Among the key collaborations are

Citibank, where students of the business and finance fields will get to experience international banking operations through special training and possible hiring programs.

Abu-Ghazaleh Global has given SIU’s programs its official blessing and access to practical experience in global business, accounting, and consulting.

RAK Properties is going to give real estate and business students a chance to learn about property development, investment, and project management.

The Signature Inn Hotel Al Riqa L.L.C. offers students of hospitality a chance through real-life interrelated scenarios to gain the knowledge of front-office operations and guest management.

Al Shabaka International Businessmen Services is opening a door for the students to meet the professionals involved in global business consulting and administration.

Galadari Motor Driving Center, where students will get a clear insight into corporate management, customer relations, and operational efficiency.

Women’s First Jobs is going to help female students and graduates through career counseling, professional networking, and empowerment initiatives.

MyFounders.Club Global is building up the students and aspiring founders in terms of innovation and entrepreneurship by taking them through the process of developing and launching new ventures.

Revival AE Project Development Consultant Co., L.L.C., where students will be working on consulting for sustainable projects and environmental management.

“The partnerships that we have formed represent our commitment not only to the business world but also to the world of academia,” said the Head of Swiss International University. “We are aspiring to equip every student in SIU with the power to win the global job market through robust academic credentials, practical exposure, and a web of real opportunities. Our target is not a teacher-student relationship whose only need is the job—our students will be the ones making changes in the various fields of tomorrow.”

The academic world and the global market are the two areas where SIU, collaborating with partners at the present time, shows the institution’s continued commitment to creating a career-oriented academic environment where learning takes place beyond the walls of the classrooms.

The deadline of October 2025 is approaching, but the university is still looking to make new strategic partnerships to grow its network of global partners. It is clear from the continuous activities of the university that it is striving to offer its students worldwide the possibility of not only utilizing their skills but also being a part of the industry via employment and thus empowering them to make a difference in international markets.