Legal Developments

FanDuel to Rebrand and Revitalize Fairmount Park Racetrack

On Monday, FanDuel Group announced plans to make “a multi-million-dollar” investment into Fairmount Park Racetrack in Collinsville, Illinois. In a press release, FanDuel Group said its plans include revitalizing the track, introducing new horse racing events, constructing a retail sportsbook at the track, and rebranding the venue as FanDuel Sportsbook and Horse Racing.

Legal Developments

New Jersey Advances Horse Racing and College Betting Legislation

The New Jersey legislature has recently advanced three pieces of legislation that would significantly expand residents’ online betting options. Governor Phil Murphy has already signed one into law, while the others are in various stages of the legislative process. NJ Allows Residents to Bet on Horse Races from Out of State On November 6th, Governor…

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