NJ Racing Commission Approves Fixed Odds Pilot Program
Sydney, Nov 19, 2020 AEST (ABN Newswire) - BetMakers Technology Group Limited (
ASX:BET) (T07:FRA) is pleased to advise that the New Jersey Racing Commission has approved a pilot program to conduct Fixed Odds wagers to be accepted in New Jersey on Grade 1 stakes races.
Highlights
- Pilot program to conduct Fixed Odds wagers in New Jersey on Grade 1 Stakes Races
- New Jersey Racing Commission approval separate to current legislative process
At a public session on 18 November, the New Jersey Racing Commission approved the Fixed Odds pilot program with a commencement date of 1 January 2021. This Approval is separate to the current legislative process which is currently underway in the U.S (ASX announcement on 2 November 2020).
BetMakers CEO Todd Buckingham commented: "We welcome the positive news that the New Jersey Racing Commission has supported the introduction of a pilot program on Fixed Odds for horse racing while we work through the legislative process for a more comprehensive offering."
About Betmakers Technology Group Ltd
Betmakers Technology Group Ltd (ASX:BET) (OTCMKTS:TPBTF) is an ASX-listed holding company and a global provider of online wagering products and services to both wholesale and retail markets through its various wholly owned subsidiaries. The Company operates a retail wagering business, offering consumers wagering, fantasy tournament and content products and services.
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