Meadowlands Purse Gets $10M NJ Sports Betting Boost In New Agreement

Purses at Meadowlands Racetrack will get $1 million a year from NJ sports betting thanks to a deal to share revenue from FanDuel Sportsbook.

Purses at Meadowlands Racetrack are getting a $1 million a year boost from sports betting operations at the track.

The Meadowlands Racetrack and the Standardbred Breeders and Owners of New Jersey (SBOA) announced Dec. 1 that they had reached a 10-year, revenue-sharing agreement. The agreement will add a minimum of $1 million a year to the purse account at the track.

And there’s hope the state is ready to give NJ horse racing another $100 million over the next five years.

The money will be taken from revenues from the FanDuel Sportsbook at the Meadowlands retail NJ sports betting operation. The revenue includes the FanDuel Sportsbook mobile sports betting app.

When FanDuel Sportsbook at the Meadowlands launched July 14, it quickly became the top-grossing retail sportsbook location in the state. The operation has recorded $15,206,392 in gross sports betting revenue through the end of October 2018. Its FanDuel Sportsbook mobile sports betting app launched Sept. 1.

$100 million horse racing bill

Meanwhile, the track and SBOA are hoping the state is prepared to do even more. Both are pushing for the state to pass legislation providing another $100 million in purse supplements to the racing industry over the next five years.

The bill was introduced in October. It is sponsored by Sens. Vin Gopal, Paul Sarlo, Steven Oroho and Richard Cody.

It calls for a $20 million a year investment by the state into the local racing industry for the next five years. If passed, the payments will begin in fiscal 2019. The money will come from the state’s general fund.

The state would give Thoroughbred racing purses at Monmouth Park, and the short all-turf Thoroughbred races it runs at Meadowlands, $10 million annually.

Other specifics of the NJ bill

Standardbred purses at Meadowlands, Freehold Raceway and the Standardbred breeding industry would split the other half of the money.

The state would give Meadowlands $6 million for harness racing purses and Freehold $1.6 million. The state would give New Jersey Sire Stakes purses $1.2 million. Plus, the state would send New Jersey-sired Standardbreds $600,000 in purse bonuses and Standardbred breeder awards $600,000.

In September, lawmakers referred the bill to the Senate Budget and Appropriations Committee.

Meadowlands and SBOA hopes

Meadowlands owner Jeff Gural and SBOA President Mark Ford are hoping Meadowlands’ move to funnel sports betting money into horse racing will give the state the impetus it needs to move forward.

Gural said he’s hopeful the money will help Meadowlands become a premier racing venue once again:

“With a bill for a five-year $100 million purse appropriation scheduled to be introduced in the legislature shortly, we are all hopeful that we will be able to continue our good work with the SBOA and bring the Meadowlands back to its stature as a premier racing venue.”

Ford implored the rest of the industry to reach out to legislators to let them know how important the bill is to NJ horse racing. He said the industry should look to help out anyway it can:

“If you are betting sporting events, be sure to place your bets with FanDuel at the Meadowlands or use the FanDuel app, as a portion of every dollar you wager will show up in the purse account.”

Hard Rock AC Now Targeting Early 2019 NJ Sports Betting Launch

Hard Rock Atlantic City and GiG plan for full-scale NJ sports betting in early 2019. Hard Rock sportsbook includes online, on-site, and self-servive kiosks.

Hard Rock Atlantic City and partner Gaming Innovation Group (GiG) are now targeting early 2019 for their launch into NJ sports betting.

The Hard Rock sportsbook will include an online/mobile sports betting app, a retail sportsbook, and sports betting kiosks.

The press release also noted that the contracts for its sports betting operation with Hard Rock AC has been officially signed though no specific launch date has been set.

The pair announced in October they had signed a letter of intent to launch retail and online/mobile sportsbooks out of the new Hard Rock Atlantic City. At that time, a late 2018 launch was planned.

GiG is also Hard Rock’s NJ online gambling software partner. The pair launched an online casino site on July 3.

Apparently, the sports betting agreement now includes self-service betting terminals in the casino as well. In fact, GiG is promising to provide a full “omnichannel” sports betting solution.

Eyeing the NJ sports betting market

Kresimir Spajic is Hard Rock International’s senior vice president of online gaming.

He said the launch of its NJ sports betting operation will help Hard Rock AC reach its ultimate goals. Those goals include leading the NJ sports betting and online gambling markets:

“The forthcoming launch of the Hard Rock Sportsbook in New Jersey will mark another step toward becoming a significant player in the national and international sports betting and online gaming industry. In the past few months, GiG has proven to be an innovative, capable, flexible and trustworthy partner. Such qualities together with vanguard sportsbook technology and services enabled GiG to win our New Jersey Sportsbook RFP.”

But Hard Rock isn’t stopping there, said Spajic. More plans are afoot for the newcomer to the Atlantic City Boardwalk.

“We are positive that the extension of our partnership with GiG together with ‘skin’ partnerships with leading international operators will enable Hard Rock Hotel & Casino Atlantic City to reach its ultimate goal of becoming New Jersey’s sports betting and online gaming market leader.”

As of now, it has deals in place with European betting giant bet365 and Kindred (Unibet). However, it appears Hard Rock is already eyeing further online expansion in NJ and looking for partners.

GiG is also claiming there is potential to expand the partnership in other US states in the future.

The company expects more than 20 states with half of the population of the US will launch legal sports betting by the end of 2023. Plus, it believes the total market will be worth more than $6 billion and split between retail and online/mobile sportsbooks.

Hard Rock and the NFL

Hard Rock casino in Atlantic City opened June 28 in what was once the Trump Taj Mahal. But it did so without sports betting or a concrete plan to introduce it.

This was due to an NFL policy restricting casinos and sportsbooks from obtaining the naming rights at NFL venues. Hard Rock International signed an 18-year agreement to become the Miami Dolphins stadium naming partner in 2016.

However, the league later lifted the restriction allowing Hard Rock Atlantic City to move forward with its NJ sportsbook plans.

Now, GiG CEO Robin Reed says he is happy to enter the US market with such a solid partner:

“I am proud and delighted to have signed this agreement with our partner Hard Rock, our first inroad to sports betting in the exciting US market. It also headlines our continually strengthening partnership with Hard Rock across our iGaming ecosystem. … Hard Rock is a strong brand with scale, wide reach and with the same high ambitions as us.”

Yes, Hard Rock sportsbook is coming into the game late, but there’s still time to pick up a win. Will they open by Super Bowl Sunday? We’ll have to wait and see.

Resorts Casino Unveils New Permanent DraftKings Sportsbook In Atlantic City

The king of NJ online sports betting, DraftKings Sportsbook, opened up a new permanent retail sportsbook location inside Resorts Casino in Atlantic City.

New Jersey’s top-grossing online and mobile sports betting app now has a physical presence in the state.

DraftKings Sportsbook opened up a new permanent retail sportsbook location with its partner Resorts Casino Hotel in Atlantic City on Tuesday morning.

DraftKings is already the top daily fantasy sports operator in the country. But it launched the first mobile sports betting app in NJ in August and quickly emerged as the NJ sports betting market leader.

In fact, DraftKings Sportsbook, and to a much lesser extent The Stars Group’s BetStars NJ, has helped Resorts Digital post an industry-best $5,090,253 in sports betting revenue in October and a whopping $16,566,524 so far this year.

Now, the company is going after the retail market with a Las Vegas-style lounge and physical sportsbook sure to rival anything else in Atlantic City.

DraftKings Sportsbook at Resorts

The 5,000-square-foot DraftKings Sportsbook at Resorts opened with 12 self-betting kiosks and another five walk-up wagering windows.

Both DraftKings and Resorts expect it to be a great place to watch games. In fact, it features 135 stadium-style seats and 1,000-square-feet of video walls with ultra-high-definition screens.

There’s also a full bar, complete food menu, and tableside bottle service like one might find in a high-end nightclub.

Click on the photos for a closer look:

DraftKings Sportsbook at Resorts is near the property’s boardwalk entrance, next to the East Wind Asian restaurant. It replaces the previous, temporary, Resorts-branded sportsbook in the middle of the casino floor.

That temp facility clearly lagged behind the rest of the casino-based sportsbook market.

Resorts president and CEO Mark Giannantonio told The Press of Atlantic City that DraftKings Sportsbook at Resorts has everything a sports fan could ever want:

“The DraftKings Sportsbook at Resorts is sure to satisfy, in every way, the most serious sports fans.”

DraftKings CFO Tim Dent said the new facility could help DraftKings dominate yet another side of NJ sports betting:

“DraftKings is truly excited to be here and to extend our current partnership with Resorts Casino. Since being the first mobile sports betting app to launch in early-August, we’ve been able to build up a dominant market share within this growing, exciting industry. We are well positioned to capitalize on this market.”

Atlantic City sports betting in a nutshell

Remember that NJ sports betting launched in June.

On the surface, that makes DraftKings Sportsbook look like a late addition to the retail sports betting market. However, it’s actually ahead of most of the casino-based sportsbook competition.

Only the Ocean Resort sportsbook and Golden Nugget sportsbook have revealed permanent sportsbook lounges in Atlantic City.

Bally’s Atlantic City, Borgata Hotel Casino & Spa, Harrah’s Resort Atlantic City, and Tropicana Atlantic City are all operating sports betting out of temporary facilities while permanent sportsbooks are under construction.

Hard Rock Atlantic City, for its part, also has plans for a permanent sportsbook location, but it, too, is under construction.

Giannantonio said the project was completed on time and on budget. He must also be thinking Resorts can trade in on the popularity of the DraftKings SportsBook NJ gambling site.

Additionally, Resorts can grab a good chunk of the casino-based retail sports betting market while construction continues elsewhere.

As for the ceremonial first bet, New York Giants Hall of Fame linebacker Harry Carson did the honors during the ribbon-cutting ceremony on the property. He put $10 on the New York Yankees to win the 2019 World Series at 7-1 odds.

Kambi Bringing All The World Series Bets To NJ Sports Betting

Betting on the MLB World Series in New Jersey has become a lot more interesting.

In fact, leading sports betting software developer Kambi, which powers the DraftKings Sportsbook, SugarHouse Sportsbook, and 888 Sport online and mobile sports betting operations in NJ, has launched an extensive range of pre-game and in-play betting opportunities for MLB’s championship series.

Baseball’s 2018 World Series began on Tuesday with Boston Red Sox beating the Los Angeles Dodgers 8-4 in Game 1.

However, Kambi-powered operators have already begun offering access to the company’s wide range of relevant game and player-related markets. These include batter-by-batter and pitch-by-pitch markets throughout every 2018 World Series game.

That means gamblers on Kambi-powered operators are already wagering on in-game markets that include the result of the next pitch and whether a batter will strike out the next time he’s up to bat.

Additionally, the in-game markets extend to batter and pitcher performances from both teams in every single inning throughout the series.

Plus, Kambi-powered operators are offering unique pre-game offers on player over/under run and hit lines, and a wide range of stolen base and head-to-head markets.

Every single World Series betting option

According to Kambi, DraftKings Sportsbook, SugarHouse Sportsbook, and 888 Sport will be offering a wagering opportunity on every single betting angle throughout the entire World Series.

Moreover, Kambi Head of In-Game Simon Noy said gamblers enjoyed its wide range of MLB betting options throughout the season. Now, the plan is to offer even more throughout the World Series:

“It’s been great to see the popularity of Kambi’s fast betting options during this season’s MLB, including each visit to the plate. Therefore, we are excited to add a number of new pitch-by-pitch markets in time for the World Series, as well as an extended range of player props to complement our already extensive offer.”

Dodgers versus Red Sox

The Dodgers didn’t win Game 1. However, third baseman Justin Turner went three-for-five and scored a run. It’s a stat line that made gamblers who bet on him in the in-game markets happy.

Sports better who backed Red Sox left fielder Andrew Benintendi in the in-game markets made out as well. In fact, he went four-for-five with an RBI and three runs scored.

Game 2 of the series will go off  Wednesday night. Similar pre-game and in-game markets will be available through Kambi-powered online and mobile NJ sports betting operators throughout.

Kambi-powered NJ sports betting

With DraftKings Sportsbook, SugarHouse Sportsbook, and 888 Sport all running on Kambi software, the company has quickly established itself as the leading sports wagering provider in the NJ sports betting market.

Kambi claims to offer the widest range of betting markets and most relevant in-game wagering options available.

So far, Kambi-powered online and mobile sportsbooks are certainly among top-revenue-generating operations in the NJ market.

Kambi-powered DraftKings Sportsbook and PokerStars sister operation BetStars operate under license holder Resorts Casino Hotel‘s umbrella. The pair combined to post an industry-leading $8,505,940 in online and mobile sports betting revenue in September.

Additionally, SugarHouse Sportsbook launched in August under Golden Nugget‘s license with Kambi software integrated with its online casino site. It managed to post $619,030 in September NJ sports betting revenue. It has since begun operating under the Monmouth Park Racetrack license.

Finally, 888 Sport launched with Kambi software under the Caesars Entertainment NJ license on Sept. 6. It combined with Caesars’ own online and mobile sportsbook to post $106,463 in revenue throughout the month.

Future Churchill Downs NJ Online Casino Will Feature Popular NetEnt Games

Horse racing giant Churchill Downs has inked a deal with online casino game supplier NetEnt to feature NetEnt games when its NJ gambling site launches.

Horse racing giant Churchill Downs Inc. continued to ramp up its effort to launch an NJ gambling site this week, inking a deal with New Jersey’s top online casino game supplier.

Churchill Downs and Swedish-based casino software and game supplier NetEnt have entered into a supplier agreement. The deal will see NetEnt supply games to Churchill Downs in the New Jersey regulated online casino market.

NetEnt and NJ online gambling

Of course, NJ online casino players are already quite familiar with NetEnt’s library of games. In fact, there isn’t an NJ online casino that doesn’t offer them.

NJ gambling sites feature more than 70 NetEnt games. This includes a huge variety of online slots and various online table games.

The most popular NetEnt game is likely the Divine Fortune progressive jackpot online slot.

In August, a New Jersey woman won a Divine Fortune-record $287,945 jackpot playing the game at SugarHouse online casino app. Two days later, a Betfair Casino player won a $314,341 Divine Fortune jackpot, breaking the slot’s record yet again.

Erik Nyman, managing director of NetEnt Americas LLC, said NetEnt hopes to be a catalyst for Churchill Downs’ NJ online casino growth:

“We are excited to start delivering our popular game titles to Churchill Downs, probably most known for its iconic flagship horse-racing event, the Kentucky Derby. With our thrilling game titles, I am confident that we will be an important contributor to growth in online casino for Churchill Downs.”

Ian Williams, president of Churchill Downs Interactive, said offering NetEnt games is key to a high-quality customer experience:

“There is no doubt NetEnt games have proven to be player favorites in every market they have been deployed. We are looking forward to adding hit titles Jumanji, Starburst and Gonzo’s Quest to offer the best possible experience to our players.”

Churchill Downs NJ online casino

It’s not clear exactly when customers will get to experience a Churchill Downs NJ online casino.

Churchill Downs announced in May 2018 it had signed an agreement with Golden NuggetThe deal will see it enter the NJ online gambling and NJ sports betting markets under Golden Nugget’s licenses.

At the time, Churchill Downs said it would be targeting the first quarter of 2019 for launch.

Churchill Downs is already in online gambling in one capacity. The company’s TwinSpires.com online horse betting site is the largest legal online horse racing wagering business in the country.

Churchill Downs calls Louisville, Ky., home. It’s perhaps best known as the company behind The Kentucky Derby horse race. Plus, the host track for the derby takes its name from its parent company, Churchill Downs Racetrack.

However, the company also owns and operates several other racetrack and casino properties across the US.

Expanding NJ Data Firm Following Sports Betting Growth Across The US

Continent 8, an online gaming and NJ sports betting data firm operating in New Jersey, plans to expand into other states with legal sports betting.

A New Jersey-licensed online gaming data company that operates two data centers in the Garden State is planning a move into other states with legal and regulated sports betting.

Continent 8 Technologies operates two data centers in Atlantic City, including one at the Ocean Resort Casino.

The data centers provide support in the form of data center and network services for NJ online gambling and the state’s growing mobile and online sports betting sectors.

Sports betting expansion for Continent 8

Now, Continent 8 Technologies has unveiled a plan to integrate its Atlantic City data centers with supporting locations in other states that have embraced legal sports betting.

These states include:

Continent 8 officials claim its new multi-state data capacity will allow it to provide seamless services for any company looking to enter any one or more of the emerging sports betting markets opening up across the US.

Additionally, CEO Michael Tobin said in a release that further expansion is coming as more states embrace sports betting:

“Serving the rapidly expanding online sports betting industry, Continent 8’s integration of state-of-the-art data centers across multiple states and gaming jurisdictions provides a hub and spoke technology platform to help companies successfully enter the marketplace. In 2019, Continent 8 will further increase network capacity with additional expansion in the states of New York and Ohio, and other states as legislation evolves.”

Continent 8 officials further claim that existing gaming and sports betting operators, and those looking to enter the US market, will all benefit from its Atlantic City hub and plan for multi-state integration.

Additionally, the Continent 8 network includes connectivity to its new US locations and more than 30 data center locations worldwide.

Continent 8 and NJ sports betting

Continent 8 remains the only independent IT provider licensed by New Jersey’s Division of Gaming Enforcement.

In fact, it is licensed to supply data center and network services to NJ online gaming license holders across the state. Of course, this includes mobile and online sports betting operators.

Continent 8 opened its first North American data center in Atlantic City in 2014. Its aim remains to provide data support and services to the emerging New Jersey online gambling industry.

However, the center also provides other IT resources including DDoS Prevention and Cloud Backup services. It sits inside an unnamed licensed casino in Atlantic City.

Continent 8 opened up a new data center at Ocean Resort in June 2018. The company says it did this as a response to demand generated by new sports betting legislation in the state.

Additionally, this data center provides independently licensed infrastructure and cybersecurity services for NJ gambling sites. It is particularly designed to support sports betting providers.

Continent 8 has won Data Center of the Year honors at the last EGR B2B Awards. In fact, it has won the award for eight straight years.