NJTHA’s $150m case will not be heard by US Supreme Court

The US Supreme Court has refused to hear a lawsuit filed by the New Jersey Thoroughbred Horsemen’s Association (NJTHA).

The case, which could be worth a potential $150m in damages, centers around the NJTHA’s attempts to enter the sports betting market in 2014.

The NJTHA has sued American major league organizations, including the NFL, MLB, NBA and the NCAA, accusing them of blocking sports betting in the US and for not providing a $3.4m bond that had been issued to Monmouth Park Racetrack in New Jersey.

In 2014, New Jersey passed a state law allowing sports betting despite the federal ban, but a federal judge ruled sports betting could not be offered in the state while the professional sports leagues sought an injunction against it.

The leagues were made to provide $3.4m in the form of bond, representing possible losses to the NJTHA if the injunction was lost.

Now, with the overturning of PASPA, the NJTHA insists it is owed the $3.4m bond plus interest, as well as up to $150m in damages for lost revenue on sports betting between 2014 and 2018.

But the Supreme Court has refused to hear the case, meaaning it will be judged by a New Jersey federal court.

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