Betfair In New Exchange Betting Deal With New Jersey Race Course

Brit betting exchange shifts focus following failure of Hollywood Park

With the failure of the Hollywood Park enterprise (see previous InfoPowa reports) spurring it to shift focus, UK online gambling group Betfair now appears close to sealing a betting exchange deal with New Jersey’s Monmouth Park race course, according to racing journal reports.

The reportage suggests that the main elements of a deal that could be implemented as early as mid-2014 have been agreed between the companies, and that the proposed alliance has been submitted to the state attorney general for consideration as a precursor to its being laid before the public and state racing officials.

If the proposal is given the green light it will constitute the first betting exchange operation in the United States.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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