PASPA case continues for New Jersey racetrack
The Monmouth Park racetrack is seeking to get paid a US$3.4 million bond with interest from the leagues that opposed sports betting.
US.- The Supreme Court of the United States (SCOTUS) struck the Professional and Amateur Sports Protection Act (PASPA) down and cleared the way for sports betting in the country but the case isn’t over yet. While the segment will remain authorised wherever it gets legalised, Monmouth Park racetrack (which pushed the federal ruling) is seeking to get monetary damages from the sports leagues that lobbied to keep sports betting illegal.
Not only will the Monmouth Park looks to get paid a US$3.4 million bond with interest from the leagues, but the New Jersey Thoroughbred Horsemen’s Association has also announced it wants around US$140 million in damages. The group explained they want compensation for the lost revenue between 2014 and May 2018, when the SCOTUS liberalised sports betting.
US District Judge Michael Shipp rejected the argument and assessed that PASPA being struck down didn’t weigh in the association’s favour. However, the association refused to accept a no for an answer and appealed the ruling, forcing the case to be heard by the 3rd US Circuit Court of Appeals in Philadelphia and keeping the claim alive.
