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
The New Jersey Thoroughbred Horsemen’s Association is seeking $150 million in damages for being stopped from opening a sportsbook for four years at Monmouth Park. The pro leagues stopped the horsemen from accepting bets because they said it would hurt their business and now they … Read more
New Jersey sports betting has been dominated by the online presence of The Meadowlands and Resorts Casino. NFL bettors helped the state break new records for a monthly betting handle, revenue total, and tax contributions. Harrah’s AC still sits without any online betting platform – … Read more
theScore will operate a sports betting app in NJ through their partnership with Darby Development LLC, the operators of Monmouth Park Racetrack. Last month, theScore announced a partnership with Penn National Gaming Inc. that gives them access to sports betting skins contingent upon regulatory approvals. … Read more
New Jersey posted their lowest handle since September 2018, just eclipsing the $250 million mark. The Meadowlands was responsible for $9.1 million of the collective $17.88 million in sportsbook revenue for the state during July. July’s sports betting revenue in New Jersey helped send $2.15 … 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
FanDuel Sportsbook at the Meadowlands is the highest-grossing sportsbook in the state of New Jersey. The venue offered giveaways, boosted odds, prizes, site credit, and NFL suite tickets as a thank you to their customers. Their online betting platform has two skins: FanDuel and PointsBet. … Read more
Correction: An earlier version of this story incorrectly stated that theScore’s online sports betting platform was delayed due to their upcoming shareholders’ meeting. LegalSportsBetting was informed by theScore’s head of communications that the betting platform has not experienced any delays as a result of the … 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
Gov. Phil Murphy signed off on NJ’s $38.7 billion budget Sunday. A government shutdown would have closed state racetracks, casinos, and sportsbooks. TRENTON, N.J. – New Jersey’s shiny new budget came down to the wire this weekend. With a deadline of June 30, Gov. Phil … Read more
The looming New Jersey shutdown would cause all operations to cease at state racetracks. The Meadowlands and Monmouth Park would close their physical and online sportsbooks immediately. NJ lawmakers have until Sunday, June 30, to agree on the new budget. TRENTON, N.J. – New Jersey … Read more
• Bet.Works is based out of Las Vegas and was founded in 2018. • Jay Rood served as the Vice President of Race and Sports of MGM Resorts. • The company expects to enter into every legal sports betting state market in the upcoming years. … Read more