PlayUp To Do Mobile Sports Betting For New Jersey Racetrack
FREEHOLD, N.J.: A New Jersey horse racing track is making its transfer to overtake the pack in the state’s hot sports wagering market.
Freehold Raceway, which began taking in-person sports bets in October, has actually signed a deal with PlayUp, an Australian online sports wagering company, to provide mobile sports wagering. The contract was reached Tuesday.
Freehold Raceway is associated with Parx Gambling establishment in Pennsylvania to use sports wagering in New Jersey.
Parx Casino is pleased to partner with PlayUp in New Jersey as they debut their international know-how of online sports betting in the United States, stated Matthew Cullen, Parxs senior vice president of interactive gaming and sports.
Laila Mintas, CEO of PlayUp USA, said it hopes to introduce its Freehold venture in the first quarter of2021 The business is likewise certified in Colorado and provides sports betting, horse race wagering and everyday dream sports in Australia, New Zealand and India.
New Jersey is the nationwide leader in sports wagering; state gaming regulators revealed Wednesday that the state had taken just under $1 billion worth of sports bets in December alone, the most current in a string of regular monthly sports betting volume records in the U.S.
The state took in over $6 billion worth of sports bets last year, the frustrating majority of which were put online.
Freehold had actually been seeking an online element since its launch last fall, and had actually wished to have one up and running by last November.
The track reported $291,632 in sports betting income last year, all of it from bets taken in individual.
The runaway leader in sports wagering earnings amongst New Jersey tracks was the Meadowlands in East Rutherford. It won more than $206 million in sports bets last year. In addition to its strategic location just outside New York City, it is connected with the online sportbook FanDuel.
Monmouth Park in Oceanport, near the Jersey Coast, won $254 million in 2015.
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