New Jersey voters have actually rejected a proposed constitutional modification that would have allowed betting on all college sporting occasions.

Legal sports betting begun in 2018 in the Garden State, but betting on New Jersey's college teams or college sporting occasions taking place in the state was prohibited from the start.

However, a proposed change to the New Jersey constitution to allow for such betting in the state was passed in June by the legislature. The amendment then required approval from voters on Tuesday, after a question about authorizing wagering "on all college sport or athletic events" was put on the tally.

But as of around 5 p.m. ET on Wednesday, approximately 57 percent of votes counted were opposed to the modification, leading NJ.com and the New York Times to declare it beaten.

The defeat will keep New Jersey bettors from legally betting on teams like the Rutgers Scarlet Knights and the Seton Hall Pirates till 2024 at the earliest, as that's when the state constitution says a comparable amendment can again be put to citizens.

But changes are coming

Sports betting has actually still prospered in New Jersey in just 3 years. The state ended up being the very first in the U.S. to split $1 billion in monthly wagering in September, which was more than even Nevada, the previous top area for sports betting.

Legalizing banking on all college sports would likely have provided the state's handle another increase. A financial quote of the proposed change stated it would increase state profits, albeit "by an indeterminate amount."

Yet New Jersey's boom has benefited in part because of its neighbor, New york city, taking its time in approving online sports betting in the state. As a result, some New York wagerers are taking their service to New Jersey.

That might not be the case for excessive longer. The New York Post reported on Tuesday that winners of mobile sports wagering licenses could start being called as early as today, with online betting anticipated to begin in time for the coming Super Bowl.

A tough sell

Another proposed change to New Jersey's constitution was authorized by a bulk of citizens throughout Tuesday's election, which will enable all groups that can conduct bingo or raffles to utilize the net earnings from those games for assistance.

But the chances appeared to be against New Jersey's college betting push from the start.

A Fairleigh Dickinson University survey carried out in June found 49 percent of those it surveyed opposed betting on college sports in New Jersey. Only 25 percent were in assistance of banking on college sports and the other 26 percent were either uncertain or didn't desire to respond.