New Jersey racetrack plans to offer fantasy sports betting with gambling ruling on appeal

Industries Associated Press

A New Jersey racetrack says it will soon offer fantasy sports betting.

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Monmouth Park officials announced their plans in a statement Saturday. It came one day after a federal judge ruled the state can't partially lift a prohibition on sports betting in an effort to boost its struggling horse racing and casino industries.

Track officials haven't set a date for when they will start offering fantasy sports betting but indicated it will happen "in the near future."

Dennis Drazin, an adviser to the racetrack's operators, says their legal team is still reviewing the ruling issued late Friday. But he says that "on its face," the ruling doesn't block the track's plans.

State officials already filed a notice of appeal against the judge's decision. But the track said that process wouldn't put its plans on hold.