Monmouth Park News - Page 2

This Sunday, the 91st Academy Awards will be the first Oscars where fans can legally place bets in New Jersey.

January’s record $385.3 million handle, which netted $18.8 million in revenue, was up 20.7% from the $319.2 million New Jersey’s online and retail sportsbooks collected in December.

This week, we have several new sportsbooks being introduced, a new addition to FanDuel’s partnership with the NBA, and two U.S. senators unveiling a federal sports betting bill.

The company announced plans to launch a mobile sportsbook in the U.S. in 2019 after partneringwith Darby Development, the operator of the Monmouth Park and the New Jersey Thoroughbred Horsemen’s Association.

New Jersey’s handle now sits at $928.1 million in less than six months since legalization, an undeniable success, according to analysts for PlayNJ.com.

We have three jackpots to cover, along with a new event venue in Las Vegas, William Hill partnering with a professional sports team, and the introduction of a VR slot game.

The state's sportsbooks, with the addition of the state's first online sportsbooks, saw a 135% increase in wagers and 139% increase in gross revenue in August.

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.

Sharon Otterman was Senior Vice President and Chief Marketing Officer at NBC Universal from 2009 to 2015. Prior to 2009, she served as Vice President of Marketing at ESPN.

Since the landmark Supreme Court ruling that legalized sports betting in May, William Hill, America’s leading sports book operator, has opened two active sports books in New Jersey.

In the first tangible snapshot since legalization, New Jersey’s sportsbooks generated $3.5 million in gross revenue on $16.4 million in wagers completed in June, according to official reporting released Thursday.

It was a whirlwind two days last week as we headed south to Atlantic City for the highly anticipated debuts of the Ocean Resort Casino and Hard Rock Hotel & Casino - Atlantic City.

What a busy week we've had. The World Cup began play on Thursday, there's more big news on sports gambling and a Las Vegas casino opened new features. All this comes on top of the World Series of Poker.

The sports book operator officially opened its sports book at Monmouth Park Racetrack. The historic moment was marked by the placing of the ceremonial first bets by Governor Phil Murphy.

In the spirit of clearing up some of the uncertainties and false notions that have been bandied about over the last few days, Casino City's Gary Trask answers 10 common questions about the future of sports betting in the U.S.

Today's monumental ruling by the Supreme Court determined that the federal ban on sports betting, as established by the Professional and Amateur Sports Protection Act of 1992, is unconstitutional, which could lead to as many as 20 U.S. states legalizing sports betting within the next year.

The U.S. Supreme Court is preparing to field arguments to do away with the federal sports ban, and New Jersey is leading the charge. As questions gather in the minds of many, Casino City spoke with Christopher L. Soriano, gaming law expert, in anticipation of Monday's hearing.

Monmouth Park broke ground last week on its new amphitheater.

New Jersey Gov. Chris Christie said Atlantic City needs to evolve further away from a business model developed when it offered the only legalized gaming east of the Mississippi River.

Sportech Racing has entered into an agreement with Darby Development LLC, manager and operator of Monmouth Park Racetrack, to provide pari-mutuel wagering technology and services.