Betfair will launch its core exchange wagering product in the New Jersey market through a partnership with Darby Development, operator of the Monmouth Park racetrack, next month on Tuesday May 10th.

Through its US subsidiary, the operator will launch the fixed-odds, peer-to-peer pari-mutuel betting product in the state, finally bringing exchange wagering to New Jersey.

The deal further strengthens the operator’s presence in the US, where it owns the Los Angeles-based horse racing television network and advanced deposit wagering platform TVG and in New Jersey. 

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