N.J. Senate Approves Sports Betting

The New Jersey Senate approved a bill that repeals the prohibition of sports betting in the state yesterday. The bill will go before the New Jersey State Assembly for approval Thursday and then will go before Governor Chris Christie. 

“It is nothing we didn’t anticipate,” said Dennis Drazin, advisor to Monmouth Park operator Darby Development LLC. “This was a bill drafted and scheduled to go before the Senate today, which it did. The next step is for it to go to the Assembly Thursday and then to the Governor’s desk for his signature, which is an important step in the process for getting sports betting to N.J.”