The New Jersey Division of Gaming Enforcement has taken a step further than most regulators on the subject of grey markets and in doing so, come up with a common sense definition of the most indefinable subject.

If the pedants in the room think the previous sentence is an oxymoron, they might be right. Defining grey markets is tough but DGE director David Rebuck has taken a great leap forward by coming up with a definition of black markets.

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