Fixed-odds bets are likely to be offered this year on races from Monmouth Park in New Jersey under an agreement the track’s operator has signed with an Australian bookmaking company, according to the parties involved.
The 10-year agreement will allow the Australian company, BetMakers, to offer fixed-odds bets on races at Monmouth in New Jersey and market fixed-odds betting on the Monmouth signal to other jurisdictions in the U.S. and worldwide. Fixed-odds betting became legal in New Jersey when the state authorized sports betting in 2018.