Will Hill US to Jump in on New Jersey Sports Betting Industry

With the potential growth of sports betting in New Jersey, William Hill U.S. is in a really good position to jump in. They've already entered into a deal with Monmouth Park Racetrack in Oceanport New Jersey and have become Monmouth's exclusive sports betting provider once legalized by the Federal government. “One day sports betting will be legal in New Jersey. When it is, William Hill will be there,” said Joe Asher, chief executive officer of William Hill US at the time. Dennis Drazin, advisor to the New Jersey Thoroughbred Horsemen's Association and Darby Development LLC who operate Monmouth Park Racetrack, said in a statement, “I am so pleased that Governor Chris Christie has decided to continue his fight to support sports betting. Today's decision will certainly breathe new life into New Jersey's gaming community and this courageous move by the Governor will surely help stabilize our already struggling industry.” Drazin also confirmed a sports betting offering at Monmouth Park, saying, “We have always stated we would take sports wagers as soon as possible, and thanks to the Governor, Legislature and everyone who has worked extraordinarily hard to see sports betting in New Jersey, that day is on the very near horizon." William Hill U.S. is currently taking a look at the Attorney General's directive and the motion filed in U.S. District Court. "Obviously, this is a significant development," said Asher. "Like others, we recognize that legalized sports betting is inevitable, and will be a good outcome for customers, states and the sports leagues. In light of our significant investment at Monmouth Park, we are happy that it appears racetracks and casinos in New Jersey will be taking sports bets sooner rather than later.”