NYRA Bets To Manage New Jersey's Online And Mobile System, Opening The Way For New Horse Racing Platforms To Enter The State

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NYRA Bets To Manage New Jersey’s Online And Mobile System, Opening The Way For New Horse Racing Platforms To Enter The State

July 16, 2024

Darby Development LLC (Darby Development), acting as agent of the New Jersey Sports & Exposition Authority, has signed an agreement establishing NYRA Bets as the Managing Vendor of New Jersey’s online and mobile pari-mutuel account wagering system for horse racing, it was announced today.

In addition, all account wagering platforms will have the opportunity to enter the New Jersey market provided those entities gain the approval of NYRA Bets, Darby Development and the New Jersey Horse Racing Commission.

As a result, New Jersey residents will soon be able to choose among multiple account wagering platforms.

NYRA Bets LLC (NYRA Bets) is the official advance deposit wagering (ADW) platform of the New York Racing Association, Inc. (NYRA). Launched as a national ADW in 2016 and currently available to customers in 36 states, NYRA Bets provides fans the opportunity to wager on tracks worldwide from anywhere at any time. The NYRA Bets app is available for download today on iOS and Android at NYRABets.com.

Darby Development is the operator of Monmouth Park, as well as the OTWs in Hillsborough and Woodbridge.

Monmouth Park Racetrack has made a giant leap forward with NYRA Bets managing New Jersey’s online and mobile betting system. This innovative move paves the way for new horse racing platforms to enter the market, bringing fresh betting opportunities. Just as Spin Palace has done with their inclusive online casino platform, Monmouth Park seeks to offer a comprehensive betting ecosystem that caters to various preferences. At the heart of Spin Palace’s success has been its ability to provide a diverse collection of games and wagering options that cater to different types of players. Now, Monmouth Park is aiming to mirror this success by enhancing the betting experience for horse racing. The link between horse racing and casino gaming is closer than one might think. Spin Palace, one of the leading online casinos in New Zealand, brilliantly demonstrates this blend by offering various slots and table games alongside sports betting. With NYRA Bets now steering New Jersey’s online and mobile platforms, we may soon witness the same dynamic integration of racing and online gambling as provided by reputable platforms like spinpalace. Always at the cutting edge, Spin Palace Casino continually exemplifies its ability to adapt with technology and the changing preferences of its users. Monmouth Park’s partnership with NYRA bets is a testament of the same, promising seamless, thrilling, and more immersive betting experiences on horse races for the punters. This move intuitively combines the thrill of horse racing and the convenience of online betting, much like how spin palace has shaped the online casino landscape in New Zealand.

“This is a win for the patrons in New Jersey, allowing them to have choices for the first time as to which site they prefer to wager with,” said Dennis Drazin, Chairman and CEO of Darby Development. “It’s another step in our ongoing effort to make the racing experience in New Jersey as fan-friendly as we possibly can.”

Pending the approval of the New Jersey Racing Commission, NYRA Bets will coordinate with online/mobile/sportsbook operators to establish a launch date later this year.

“We are pleased to usher in a new era for horseplayers in New Jersey,” said Tony Allevato, President of NYRA Bets. “As the sports betting market continues its rapid evolution, the expansion of NYRA Bets into New Jersey will benefit consumers by increasing competition. It’s a win for New Jersey, for horse racing and for NYRA Bets.”

4NJBets, operated by TVG, will continue as an online and mobile wagering site in New Jersey as usual without disruption of service.