New Jersey horse racing has favorable odds of seeing fixed-odds legislation pass. Currently, horse racing in the Garden State does not offer fixed odds for their races. A bill proposed to allow this is two positive votes away from landing on Governor Phil Murphy’s desk … Read more
New Jersey is looking to get esports and other events approved for wagering with A637 and S2670. With the popularity of esports, the Garden State believes it to be a very profitable addition for gamblers in the state to help the industry with revenue that … Read more
New Jersey bill A637 would allow esports and other events to be made legal in the Garden State for wagers. Dennis Drazin, a pillar in the sports betting community, discussed what A637 would do should it be made legal in New Jersey. Since legalizing sports … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the plaintiffs’ claims, quirks of … Read more
A total of six out of 14 races were canceled on Saturday due to the temperature of the park. Maximum Security finished in first place at the Haskell Invitational after an “inquiry” review. The on-track handle for the event was $1.96 million in 2018 and … Read more
Per SB 2992, New Jersey sports betting shares profits with the state’s horse racing industry. The bill also granted the NJ horse racing industry an injection of $20 million over 5 years. It’s still too early to tell how helpful sports betting can be to … Read more
Dennis Drazin will be enshrined in the SBC Sports Betting Hall of Fame on April 25. Drazin joins former NJ Gov. Chris Christie in the Hall, both being recognized for their efforts to overturn PASPA. TRENTON, N.J. – Dennis Drazen, CEO of Darby Development, LLC, … Read more