Lawmakers in both houses of the New Jersey legislature have introduced bills that would formally authorize fixed-odds wagering on horse races, according to racing officials in the state.
The bills would clear up a gray legal matter in New Jersey, where fixed-odds betting on sports was legalized in 2018 following a Supreme Court ruling that gave states the power to authorize the practice, said Dennis Drazin, the president of the company that operates Monmouth Park and a sportsbook on the track property.