Pro League Network (PLN) is expanding its offerings with recent authorization to offer a unique sports betting market in New Jersey.
The sports betting and entertainment company that specializes in producing niche and bettlable sports has gained approval from the New Jersey Division of Gaming Enforcement (DGE) to offer wagering on the CarJitsu Championship. The competition has exploded in popularity and sees jiu-jitsu athletes compete in the confines of a car.
PLN plans to officially deliver betting markets for the CarJitsu Championship in July.
The competition adds to several niche sports offered by licensed operators in New Jersey. The DGE has also approved bandy, billiards, badminton, and lawn bowling for wagering.
More betting market changes could happen in the Garden State.
Earlier this year, Sen. Kristin Corrado introduced Senate Bill 3080 as a measure that aims to ban operators from accepting player prop bets on college sports. New Jersey’s active gaming law allows college player prop bets but bans wagering on in-state institutions.
The ban on college player props is aimed at protecting student-athletes, coaches, and team officials from betting-related harassment. NCAA president Charlie Baker has also taken a stance by urging regulators nationwide to ban the availability of college player props.
Growing business for PLN
PLN hosted its first live CarJitsu Championship in March after debuting the competition in 2022. The championship featured a five-fight card aired from PLN Studios in Missouri.
The company has a portfolio of 18 sports, including the World Putting League, Pro Carrom Tour, and 3×3 pro basketball league str33t. PLN is poised for continued growth with strong investors. The New York-based company has raised $2.5 million in funding from VC firm Eberg Capital, NBA legend Kevin Garnett, Big Ticket Sports, and others.
