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New Jersey becomes first US state to legalise fixed odds horse race betting

6th August 2021 9:37 am GMT
Playtech

New Jersey has become the first US state to legalise fixed odds betting on horseracing after Governor Phil Murphy signed legislation into law Thursday.

The bill allows the New Jersey Sports and Exposition Authority or a racetrack permit holder to apply for a license to operate a fixed odds wagering system for horse racing, or to partner with an entity to conduct or operate the system on their behalf.

The system would be available to players over [...]

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