Caesars Sportsbook and Monmouth Park break ground on new facility

May 7, 2024
By
Leer en Español

Sports gambling became legal in New Jersey in 2018 as Governor Murphy placed the state's first legal sports bet.

Set to open in 2025, Monmouth Park and Caesars celebrated breaking ground on a trackside sportsbook and entertainment complex that was announced last year. The complex will feature 16,000 sq ft of indoor and outdoor sports viewing with flatscreen televisions, food from burger-chain Shake Shack and more than 25 self-service betting kiosks.

A ceremonial groundbreaking event was held on May 7, including representatives from Monmouth Park, Caesars Sportsbook and local dignitaries who planted golden shovels in the ground to mark the occasion.

“We are proud to continue investing in Monmouth Park to elevate the sports betting experience for New Jersey sports fans,” Caesars Digital SVP and Chief Development Officer Dan Shapiro said.

“The sportsbook at Monmouth has been a success since Governor Murphy placed the state’s first legal sports bet in 2018 and continues to be an outstanding complement to our online businesses. We look forward to continuing our support for horse racing in New Jersey and bringing sports fans and racing fans to this historic racetrack.”

Monmouth Park accepted the first legal in-person sports wager in New Jersey when it opened a William Hill sportsbook in 2018 following the overturning of the Professional and Amateur Sports Protection Act (PASPA). After the acquisition of William Hill by Caesars, the sportsbook rebranded to a Caesars Sportsbook location in early 2022, where it has accepted in-person sports wagers and offered pari-mutuel wagering.

Dennis Drazin, Chairman and CEO of Darby Development, LLC which operates Monmouth Park, commented “We’re extremely excited to begin this next chapter with the upcoming opening of the new Caesars Sportsbook at Monmouth Park. 

“This facility will be state-of-the-art with all the amenities that a first-class sportsbook can offer to patrons. As we start our sixth year of sports betting, we continue to see the growth and expansion we knew would eventually happen. This will be a magnificent addition to the Monmouth Park facility as our partnership with Caesars continues to evolve.”

Sports gambling in New Jersey was legalized in June 2018 and the state just reported a total gaming revenue of $526.6m for the month of March alone.

State-by-State

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.