Sports
August 6, 2021
Fixed Odds Wagering on Horse Racing in NJ Signed into Law
Australian gaming technology company BetMakers Technology Group announced today that the awaited legalization of fixed odds wagering on horses in New Jersey is now a reality after the bill was signed into law by Gov. Phil Murphy on August 5. Exclusivity to Manage Fixed Odds The bill that was unanimously approved by the Senate and […]
Legal
January 12, 2021
NJTHA Reached Settlement with NBA, NFL, NHL, MLB and NCAA
The years-long lawsuit between the New Jersey Thoroughbred Horsemen’s Association (NJTHA) and the professional sports leagues is coming to a conclusion after an announcement from the attorney representing the leagues signaled a resolution for the legal dispute. “The NJTHA, NCAA, NBA, NFL, NHL, and MLB have resolved all disputes arising out of their litigation concerning […]
Legal
December 27, 2020
NJTHA Denied Additional Damages Claim, Bond Hearing to Follow
A case in New Jersey dating back to 2014 might find its resolution next year, after a federal judge ruled against the additional damages claim from the New Jersey Thoroughbred Horsemen’s Association (NJTHA). Long-Lasting Court Saga The NJTHA sought to recover around $150 million in damages from the major sports leagues, the National Basketball Association […]
Legal
May 5, 2020
NJTHA: Major Sports Leagues Are on the Hook for $150M
The New Jersey Thoroughbred Horsemen’s Association /NJTHA/ is convinced it is entitled to every last cent they require from the major sports leagues and the NCAA in its ongoing legal battle to recuperate losses dating back to 2014. It is either up to the Supreme Court, if it decides to hear leagues’ arguments, or to […]