AP Photo/John Locher

Monmouth Park Plans To Have Sports Book By Memorial Day

May 15, 2018 - 8:03 pm

OCEANPORT, N.J. (WCBS 880) -- The U.S. Supreme Court opened the door to sports betting in New Jersey this week, and already, things are starting to move quickly.

As WCBS 880’s Peter Haskell reported, Monmouth Park plans on opening a sports book on Memorial Day – before the state is expected to have new gambling laws passed.

“Monmouth racetrack will be relying on my legislation, which allows racetracks and casinos to start sports betting at any time they wanted,” said former state Sen. Ray Lesniak.

Lesniak says as long as his law is on the books, Monmouth can take bets. Any new bills would deal with the particulars.

“There’ll be a tax on sports betting at these tracks, paid for by private tracks and casinos,” Lesniak said.

Lesniak believes the tax will be worth around $2 million for the state.