BetMakers launches fixed-odds mobile betting app for horseracing in New Jersey
Monmouth Bets’ app will offer fixed odds on races at various North American tracks.
US.- BetMakers Technology Group has launched Monmouth Bets in New Jersey. The app, which features fixed-odds betting on horseracing, has been approved by the New Jersey Division of Gaming Enforcement.
Monmouth Bets started taking wagers from customers ahead of Monmouth Park racetrack opening day on May 13. Monmouth Park debuted fixed odds retail betting in 2022. The app will also cover races from Tampa Bay Downs, Canterbury Park, Delaware Park, Hawthorne Race Course, Emerald Downs and Century Mile.
BetMakers CEO Jake Henson said: “With last year’s retail offering setting the foundation, we are excited and honored to bring fixed odds betting to horseplayers through our MonmouthBets digital platforms. Fixed odds betting will help to form a healthy betting ecosystem for horse racing in New Jersey and beyond, with the transformative potential to provide a massive benefit to the entire racing industry.”
New Jersey gaming revenue reaches $487.4m in March
The New Jersey Division of Gaming Enforcement has reported on the state’s gaming revenue for March. The state’s casinos, horse tracks that offer sports betting and the online partners of both reported $487.4m, up 15 per cent compared to March 2022’s $423.7m.
The casino win for the nine Atlantic City casino hotel properties was $228.6m, up 5.6 per cent compared to $216.6m in March 2022. The online gaming win was $165.7, up 17.8 per cent year-on-year from $140.7m. Sports wagering gross revenue was $93m, a 40.1 per cent increase from $66.4m.
