New Jersey just passed a law that allows sports betting but doesn't regulate it. The first US grey market since 2011? Interesting.
@Poker_Hack State will not be directly regulating (or regulating at all). But sports betting would be clearly legal, so not a "grey market".
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@Grange95 I think that counts as grey still. Legal but unregulated. Many shades of grey after all. -
@Poker_Hack Guess I view "grey market" as one where legality is unclear/dubious. Many businesses are in unregulated markets, but not "grey".
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