New Jersey could be nearing the end of its ADW monopoly

New Jersey could be nearing the end of its ADW monopoly

Article brief provided by NJ Online Gambling
  • Jeremy Balan, NJ Online Gambling
March 28, 2022 6:46 PM
  • Jeremy Balan, NJ Online Gambling

For years, New Jersey horseplayers have been flummoxed and frustrated with the state’s limitations on online advance-deposit wagering options.

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But in the years since sports betting was legalized in 2018, it’s been especially galling that New Jersey bettors are only allowed to wager on horse racing through one parimutuel operator, when sports betting options are in the 20s.

There is a sense, however, that a new era is on the horizon. The ADW monopoly in New Jersey, which goes through a site called 4NJBets (operated by TVG, a member of the FanDuel Group), could be coming to an end.