California may well live to rue the day it failed to push its online gambling legislation through as New Jersey is not only set to get there first, but has plans to launch a betting exchange for state residents on horseracing along the lines of Betfair. The reason Betfair is successful is because it has liquidity, and the reason it has liquidity is because it was the first to market. The early bird catches the worm, Cali. The late one just catches worms. Read more.
New Jersey online gambling revenue tops $20m for 7th month
October 12, 2017
UK bookmakers prepping GPS-based in-race betting technology
October 6, 2017
US racing industry expects 10% betting bump from new tax rules
September 28, 2017