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Sports betting goes live in New Jersey

Published 06/14/2018, 08:27 AM
Updated 06/14/2018, 08:27 AM
© Reuters.  Sports betting goes live in New Jersey
  • The Borgata Hotel Casino and Spa in Atlantic City, New Jersey renamed its racebook to Race & Sports Book yesterday as part of a quick application for a license to accept sports bets.
  • The Borgata expects to start taking sports bets at 11:00 a.m. today. The property is owned by MGM Growth Properties (NYSE:MGP) and leased back to MGM Resorts (NYSE:MGM).
  • Monmouth Park's sportsbook officially opens today for betting today at 10:30 a.m.,with New Jersey Governor Phil Murphy anticipated to lay down the first bet. William Hill (OTCPK:WIMHF, OTCPK:WIMHY) is powering the bookmaking operation.
  • Both sites in the Garden State will be accepting bets on Major League Baseball, World Cup games, the U.S. Open golf tournament and UFC bouts right from the start.
  • Related stocks: CHDN, CZR, DUEL, DRAFT, DDE, OTCPK:EIHDF, OTC:BTFRF, OTC:PYGMF, OTCPK:PDYPY, RRR, BYD, OTCPK:LDBKF, OTCPK:LDCOY, OTCPK:RANKF, GDEN, NYNY, FLL, PENN, SGMS, CNTY, OTCQB:TPCA, LVS, ERI, WYNN, TSG, UWN, ZNGA, FB, GOOGL.
  • Related ETF: BJK.
  • Now read: Pricing Wynn Is Very Tricky


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