Ann: BetMakers extends NJ exclusive agreement to 15 year term, page-20

Below is what every other State, Racetrack and Horseman Association will understand from the announcement.

“I understand it has taken some time to progress and reach the stage of launching fixed odds, however it was important to ensure stakeholders in Thoroughbred racing in New Jersey were not only protected but given the best opportunity to capitalise on fixed odds betting on Thoroughbred content within New Jersey. As a part of the agreement, BetMakers included a provision to ensure existing Pari-Mutuel revenues are preserved with the introduction of Fixed Odds.”“

I would like to thank the team at BetMakers for their patience and guidance through this process and I look forward to having a great partnership in the years ahead.”

“BetMakers has already contributed significantly to Monmouth Park and to the Horsemen in New Jersey and we see BetMakers as a strong long-term partner to assist us in our endeavours to make horse racing the best it can be.”

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