from the USTA Communications Department

Columbus, OH — The New Jersey State Assembly passed bills today to allow expanded Internet betting on horse races, set up exchange wagering and expand off-track betting.

According to a story on www.nj.com, the bills would allow Internet betting on New Jersey horse races for residents of other states; establish exchange wagering, in which bettors would wager against each other on the outcome of races; and expand the number of off-track betting parlors in the state.

Lawmakers in the State Senate and Assembly also approved placing a referendum on the November 2011 general election ballot asking voters whether they want to amend New Jersey’s Constitution by legalizing sports betting. However, even if voters approved, a federal ban on sports betting in all but four states would have to be repealed or overturned to make it legal in New Jersey.

Complete details can be viewed on the SBOANJ website by clicking here.