Racing Industry Anticipates Growth As ‘Sports Bettors Wagered More In New Jersey Than In Nevada’

Last Friday at Monmouth Park, reports legalsportsbetting.com, the New Jersey State Bar Association (NJSBA) held its annual “Day at the Races” meeting to take a look at the legal issues in the state’s horse racing industry. The passage of SB 2992 in February 2019 dictates that horse racing will receive a cut of the sports […]

The post Racing Industry Anticipates Growth As ‘Sports Bettors Wagered More In New Jersey Than In Nevada’ appeared first on Horse Racing News | Paulick Report.

Edelson: ‘People Want Better Racing, Not Simply More Of The Same’

With a $10 million purse subsidy expected to pass the governor’s desk, Monmouth Park is approaching “the most important summer along Oceanport Avenue since they opened the place in 1946,” wrote columnist Stephen Edelson for the Asbury Park Press. The legislation includes an amendment stating that the subsidy money must be shown to have a positive […]

The post Edelson: ‘People Want Better Racing, Not Simply More Of The Same’ appeared first on Horse Racing News | Paulick Report.

New Jersey: Senate Bill Would Require Horse Auctions To Disclose Identifying Marks Online

The New Jersey Senate’s Assembly Agriculture and Natural Resources Committee cleared Senator Dawn Marie Addiego’s bill (S-455) last Thursday, reports senatenj.com, and the bill will move on to the senate floor. The bill would require horse auctions to disclose identifying marks of the horses they intend to sell online for at least 72 hours before the sale. Identifying marks […]

The post New Jersey: Senate Bill Would Require Horse Auctions To Disclose Identifying Marks Online appeared first on Horse Racing News | Paulick Report.

‘Integrity Fees’? Christie Advocates Against Federal Control Of Sports Betting

Former New Jersey Governor Chris Christie is urging state lawmakers to avoid ceding control of sports wagering to the federal government, and also to avoid granting the sports leagues a “slice of the action,” according to nj.com. The latter issue has to do with so-called “integrity fees,” which would give a part of the gambling revenue […]

The post ‘Integrity Fees’? Christie Advocates Against Federal Control Of Sports Betting appeared first on Horse Racing News | Paulick Report.

Lawmakers Consider Sending $100 Million To New Jersey Horse Racing Industry

Lawmakers in the state of New Jersey are considering a bill to pump $100 million into the state’s horse racing industry over the next five years, according to whyy.org. The New Jersey Racing Commission would be in charge of distributing $20 million annually, split evenly between the Thoroughbred and Standardbred industries. On Monday, the bill was […]

The post Lawmakers Consider Sending $100 Million To New Jersey Horse Racing Industry appeared first on Horse Racing News | Paulick Report.

Long-Time Monmouth Trainer Willard Thompson Passes Away At Age 83

Trainer J. Willard Thompson, a Monmouth Park mainstay for more than 50 years, passed away Saturday night after a lengthy illness. He was 83. Born in Atlanta, Ga. in 1935 Thompson got his start in racing as a steeplechase rider before switching to training in the early 1960s. He dominated the New Jersey racing scene […]

The post Long-Time Monmouth Trainer Willard Thompson Passes Away At Age 83 appeared first on Horse Racing News | Paulick Report.

Meadowlands’ FanDuel Sportsbook Refuses To Pay $82,000 Ticket

The new FanDuel Sportsbook at Meadowlands Racetrack has at least one very unhappy customer. Late in the Oakland Raiders-Denver Broncos game on Sunday, Anthony Prince placed a bet on the Broncos, who were behind by two points, although in position to kick a short field goal that would likely win the game. According to FanDuel, […]

The post Meadowlands’ FanDuel Sportsbook Refuses To Pay $82,000 Ticket appeared first on Horse Racing News | Paulick Report.

Liz’s Cable Girl, Ferrer Star In New Jersey Thoroughbred Festival

It’s easy to understand why jockey Jose Ferrer circles the date of the New Jersey Thoroughbred Festival on his calendar every year. Monmouth Park’s leading rider turned the annual celebration of Garden State equines into his personal showcase for the third straight year, capturing the $60,000 Eleven North Handicap and the $60,000 Charles Hesse III […]

The post Liz’s Cable Girl, Ferrer Star In New Jersey Thoroughbred Festival appeared first on Horse Racing News | Paulick Report.

Report: New Jersey Sports Betting Up, Monmouth’s Share Down

The Daily Racing Form reported Wednesday that New Jersey spots betting figures rose from June to July, but as more sports books have opened, Monmouth Park has lost considerable market share. For June and July, $57.1 million has been bet on sports in the state, with $16.4 million wagered in June — marking a significant increase […]

The post Report: New Jersey Sports Betting Up, Monmouth’s Share Down appeared first on Horse Racing News | Paulick Report.

‘This Is The Industry’s Infancy’: New Jersey Sportsbooks Handle $40.7 Million In July

New Jersey’s sportsbooks did not disappoint in their first full month of operation, increasing wagers dramatically in June while nearly doubling the number of open sportsbooks to five. Such an increase was to be expected and a sign of what lies ahead, according to analysts for PlayNJ.com. “Considering the rate at which sportsbooks are opening in […]

The post ‘This Is The Industry’s Infancy’: New Jersey Sportsbooks Handle $40.7 Million In July appeared first on Horse Racing News | Paulick Report.

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