Monmouth Park: Track forging ahead with sports betting plans despite uncertainty

by | 11.28.2012 | 3:39pm

Officials at Monmouth Park indicated that they intend to move forward with plans to offer sports betting, even though legal issues surrounding it remain unresolved, according to an article in the Daily Racing Form.

Plans by the track include renovating an area of the grandstand to create a Las Vegas-style sportsbook, with the hopes of at least offering a 'free play' on sports contests. This is hoped to be ready to go by Jan. 9, which is the earliest date that the New Jersey Gaming Commission will award a license. Dennis Drazin, the chairman of Monmouth's operating company told the DRF that the racetrack would go ahead with the renovations despite the legal challenges that have been mounted by many of the major sports leagues.

A U.S. District Court in New Jersey is scheduled to hear arguments regarding the legality of sports betting Dec. 18. The court could decide at that time to grant an injunction to the leagues that would prohibit anyone from offering sports betting.

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