Business News

New Jersey's Monmouth Park Racetrack will accept its first sports bet on Thursday from Governor Phil Murphy.

Governor Murphy will place his bet at the William Hill-powered Monmouth Park Sports Book at 10:30am on Thursday June 14th, ahead of the first game of the FIFA World Cup.

"We're delighted to welcome Governor Murphy to Monmouth Park for this momentous occasion," said Dennis Drazin, chairman and chief executive of Monmouth Park operator Darby Development. "Throughout this process Governor Murphy has always had Monmouth Park's back and as a Monmouth County resident we're delighted that sports betting in New Jersey gets started right in his backyard.

"We are thankful to all those who will make this Thursday a day long remembered and even more so, looking forward to sports fans from all over converging on Monmouth Park to partake in sports betting, which was overwhelming approved by Garden State voters nearly seven years ago."

At launch, William Hill will offer bets on a range of US sports such as Major League Baseball, the National Football League and National Basketball Association, as well as on the World Cup. It will operate 22 betting windows throughout Monmouth Park, including six at the race and sports bar.

"We welcome the news that the first legal, regulated sports bets in New Jersey will be placed on Thursday," William Hill chief executive Philip Bowcock said. "We have a team ready for launch day at our sports book at Monmouth Park racecourse for what will be one of the biggest days for William Hill since it was founded in 1934.

"I would like to thank our team in the US for preparing for this day and we look forward to welcoming customers in New Jersey and taking bets on the full range of sports."

The launch follows Murphy signing A4111 into law on Monday (June 11th), legalising regulated sports betting in New Jersey.