by Andy Faust | Jul 17, 2019 11:08 am | Sports Betting
The FanDuel Sportsbook at Tioga Downs is slated to launch Friday afternoon. FanDuel is hoping to replicate the success of its New Jersey Meadowlands sportsbook in New York. With no online component, FanDuel has gone all-in on its Tioga Downs sports betting lounge. NEW...
by Michael Molter | Jul 16, 2019 11:07 am | Revenue
Sportsbooks in New Jersey have kept over $200 million in revenue since their June 2018 launch (before tax contributions). June’s report saw the state post their lowest handle and revenue since October 2018 and August 2018, respectively. The Meadowlands continues its...
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....
by Michael Molter | Jun 14, 2019 1:58 pm | Sports Betting
New Jersey successfully challenged PASPA, fighting for states’ rights in regards to legal sports betting, on May 14, 2018. The legal bet in New Jersey was made on June 14, 2018, by Governor Phil Murphy at Monmouth Park. New Jersey has collected more tax revenue than...
