Sports betting lands in New Jersey
New Jersey’s Meadowlands Racetrack has announced it will launch sports betting next Sunday, July 15, after the segment got legalised.
US.- After the Supreme Court revoked the Professional and Amateur Sports Protection Act (PASPA), New Jersey the first state to officially make sports wagering legal after Governor Phil Murphy signed the correspondent bill into Law. Shortly after, gaming venues in the state, like New Jersey’s Meadowlands Racetrack, are taking advantage of the new regulations and are set to launch their own services.
The racetrack’s manager Jeff Gural announced the start date for wagering at the track will be Sunday, July 15. While it will only offer land-based betting at first, online betting will definitely be part of the business in the future. In addition, he said that the venue could abandon live racing gambling in order to evolve into a different business model.
Mr Gural said New York “did me such a favour by not passing sports betting,” as the Meadowlands Racetrack is located just by the New York state line and is set to receive gamblers from both New Jersey and its eastern neighbour. Furthermore, he said it would get a boost from the segment as only two gaming licences offering sports betting were issued in New Jersey: the Monmouth Park track and Atlantic City’s Borgata casino.
