SBOANJ discusses sports betting

The New Jersey association welcomed the decision of the US Supreme Court to repeal the Act that prohibited states from offering sports betting.

US.- The President of the Standardbred Breeders and Owners Association of New Jersey (SBOANJ), Mark Ford, released a statement after the US Supreme Court ruled that it was unconstitutional that a federal law was forcing states to maintain their prohibitions on sports betting.

“Monday’s U.S. Supreme Court decision regarding the state’s rights to permit sports betting is important to New Jersey’s harness racing industry. We thank all of those who pursued this lengthy litigation, which was designed to help the state’s horse racing and casino industries,” said Ford.

The president said that the Standardbred breeding and racing industry has a long and important history in New Jersey and that it has had a key role in the state’s economy, as it maintained farms and open spaces and provided jobs. “We believe that a fair division of profits from sports betting can benefit the state and our industry and that this new addition to the gambling menu can have a positive impact on the handle on harness races.

“We look forward to working with the state of New Jersey, legislators, and horse racing leadership, to ensure that sports betting is a plus for New Jersey’s horse racing industry.”