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

Company Spotlight

Bragg Gaming

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.
Virtual Showroom

Supplier

Supplier

Supplier

Land-Based

Supplier

Industry Awards

Supplier

Supplier

Supplier

Supplier

GA Newsletter

Exclusive news, analysis, insights, and interviews delivered straight to your inbox

Dr Anthony Lucas - Casinos over-using free play, research showing its limited impact

Dr Anthony Lucas, Professor at the University of Nevada, Las Vegas, speaks to Tim Poole on the Huddle about the paper he released this year on the limitations of free play within land-based casinos. He does, however, understand why gaming executives may not jump to embrace his ideas. We discuss:

Michael Bauer: European operators in US? How about US operators in Europe & LatAm...

Greentube's Chief Financial Officer and Chief Games Officer, Michael Bauer, joins Tim Poole on the Huddle to discuss all things Greentube and all things North America.

46-netrefer
NetRefer G2E Preview: Believing in US potential
David Buhagiar, NetRefer's Senior Manager of Marketing & Acquisitions, speaks to Gaming America about the company's first US client and its hopes for G2E.
44-Derik.Mooberry
Zitro G2E Preview: Aiming to be the leader
Gaming America speaks to Zitro USA CEO Derik Mooberry about the company's growing presence in global markets.
42-Gary.Ellis
Marker Trax and Koin G2E Preview: Finding solutions in payments
Marker Trax and Koin CEO Gary Ellis speaks on turning knowledge into action, with new offerings set to be displayed from the company at G2E 2024.
40-Kevin.Kilminster
Playtech G2E Preview: And it's live!
Kevin Kilminster, Chief Product Innovation Officer at Playtech Live, speaks to Gaming America about live casino and its rise in US prominence.

Another year approaches its end, as 2024 slowly becomes our past, 2025 the present and a wave of opportunity defines gaming's future. There is an air of change as the regulated gaming world looks to welcome a new entra...

8-10-From-the-top
From the top: Reflecting on the past and looking to the future of land-based casinos
Gaming America reviews the closures of the Mirage Hotel and Casino, as well as the Tropicana, but also keeps an eye on the future with Durango Casino and Resort GM David Horn.
36-41-Oliver-Lovat
Cover Feature: Exploring what might be next for land-based casinos
Nothing is new. Everything is new. Oliver Lovat, regular Gaming America columnist and resident Las Vegas expert, discusses what the next generation of casinos need to succeed, while also reflecting on Vegas' generational shift away from the Tropicana and Mirage.
42-43-Lefosse---Brazilian-Sports-Betting
Steadying the ship in LatAm's largest market
After regulatory limbo, sports betting in Brazil is moving towards legal certainty – by Eduardo Carvalhaes, partner in Public Law and Regulation at Lefosse, and Karen Coutinho, counsel in Public Law and Regulation at Lefosse.
44-45-Lazarus-Legal
Brazilian opportunity: The future of LatAm
Edwin Monzon, Managing Partner of Lazarus Legal, speaks to Gaming America about Brazil's upcoming iGaming and online sports betting regulation, assessing both the prospects and challenges involved.