BetMakers paves the way for Fixed Odds in the US

Business News

BetMakers has announced that the Company’s wholly-owned subsidiary, BetMakers DNA Pty Ltd has signed an agreement with the New Jersey Thoroughbred Horsemen Association and Darby Development LLC.

The operator of Monmouth Park race track to deliver and manage Fixed Odds horse racing into New Jersey along with exclusive distribution of Monmouth Park racing content throughout other parts of the United States and internationally.

“Our focus at Monmouth Park is ensuring we get the best return for our product and I believe this deal with the team at BetMakers, given their wagering, compliance and technology capabilities, provides us with a solution that can deliver a successful venture.” – Monmouth Park CEO, Dennis Drazin, said.

BetMakers Chief Executive Officer, Todd Buckingham, said: “We have been working with racing bodies and bookmakers from all parts of the world to develop the best solution that fits into the horse racing ecosystem. We believe that U.S. horse racing has the potential to be the largest betting sport in the US, including Basketball, American Football and Baseball. There is a real opportunity for the U.S. horse racing market to grow like it has in Australia, which has seen prizemoney levels double over the past 7-10 years based on a funding model that is equitable to all participants.”

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