by Andy Faust | Jul 16, 2019 9:23 am | Revenue
Per SB 2992, New Jersey sports betting shares profits with the state’s horse racing industry. The bill also granted the NJ horse racing industry an injection of $20 million over 5 years. It’s still too early to tell how helpful sports betting can be to the NJ...
by Andy Faust | Jul 1, 2019 12:41 pm | Revenue
Gov. Phil Murphy signed off on NJ’s $38.7 billion budget Sunday. A government shutdown would have closed state racetracks, casinos, and sportsbooks. TRENTON, N.J. – New Jersey’s shiny new budget came down to the wire this weekend. With a deadline of June 30, Gov. Phil...
by Andy Faust | Jun 28, 2019 7:43 am | Regulatory
The looming New Jersey shutdown would cause all operations to cease at state racetracks. The Meadowlands and Monmouth Park would close their physical and online sportsbooks immediately. NJ lawmakers have until Sunday, June 30, to agree on the new budget. TRENTON, N.J....
