SBOANJ issues statement on sports betting
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Mark Ford, president of the Standardbred Breeders and Owners Association of New Jersey, released the following statement after the U.S. Supreme Court ruled that New Jersey can implement legalized sports betting:
"Monday's U.S. Supreme Court decision regarding the state's rights to permit sports betting is important to New Jersey's harness racing industry. We thank all of those who pursued this lengthy litigation, which was designed to help the state's horse racing and casino industries.
"The Standardbred breeding and racing industry has a long and important history in New Jersey and has been a vital part of the state's economy, maintaining farms and open spaces and providing jobs. We believe that a fair division of profits from sports betting can benefit the state and our industry, and that this new addition to the gambling menu can have a positive impact on the handle on harness races."
"We look forward to working with the state of New Jersey, legislators, and horse racing leadership, to ensure that sports betting is a plus for New Jersey's horse racing industry." (SBOANJ)