US Supreme Court may hear sports gambling suit against sports leagues
All major sports leagues and the NCAA could be on the hook for as much as $150 million after denying income to a New Jersey racetrack.
All major sports leagues and the NCAA could be on the hook for as much as $150 million after denying income to a New Jersey racetrack.
New Jersey's Monmouth Park racetrack inks exclusive deal with Australia's BetMakers to bring fixed-odds race betting to US shores.
Federal appeals court rules that the New Jersey Thoroughbred Horsemen's Association is entitled to compensation from leagues for their betting obstruction.
theScore has now received approval from regulators to introduce its sports gambling app to “a select group of sports bettors” in New Jersey.
The handle for this past Saturday’s races has dropped, due partly to the cancellation of six races and six stakes were delayed, including the main event.
Monmouth Park set out to try and recuperate its losses by suing the sports leagues, claiming millions of dollars in lost earnings.
Monmouth Park Racetrack claimed a number of sports leagues repeatedly worked to suppress sports gambling, causing it to lose millions in revenue.
Major League Baseball warns its clubs and their network partners that league rules forbid them from taking advertising from sports betting operators.
MGM Resorts says its Borgata casino in Atlantic City will start taking legal sports wagers at 11am on Thursday, 30 minutes after Monmouth Park track.
New Jersey's Monmouth Park racetrack will now wait until state legislature okays sportsbook launch, instead offering only 'ceremonial' betting on May 28.