Caesars Leisure and Monmouth Park formally unveiled their new trackside sportsbook in Oceanport, New Jersey, marking the newest enlargement of the racetrack’s long-running involvement in authorized sports activities wagering. Native officers joined management from each organizations for a ribbon-cutting ceremony celebrating the opening of the large-scale venue, which mixes trendy sports activities viewing facilities with the historic backdrop of the Monmouth Park Racetrack.
The standalone sportsbook is situated adjoining to the racetrack’s clubhouse and spans 16,000 sq. toes, incorporating each indoor and outside viewing areas with sweeping views of the monitor. Guests can entry wall-to-wall video screens, greater than 25 self-service betting kiosks, a devoted VIP part, and a central bar developed in partnership with Union Sq. Occasions. The venue additionally options an on-site Shake Shack serving its full menu. Pari-mutuel wagering stays accessible for racing prospects.
A New Milestone on the Web site of New Jersey’s First Authorized Sports activities Guess
Monmouth Park’s newly opened Caesars Sportsbook represents the newest chapter for a racetrack intently linked to the enlargement of regulated sports activities wagering in New Jersey. Following the repeal of the Skilled and Newbie Sports activities Safety Act (PASPA), the property made historical past in 2018 by accepting the state’s first authorized in-person sports activities guess. The ability working at the moment—then below the William Hill model—transitioned to Caesars branding in early 2022 after Caesars acquired William Hill’s U.S. property in 2021.
Caesars Digital Senior Vice President and Chief Growth Officer Dan Shapiro emphasised the placement’s significance to the state’s sports activities betting historical past, stating within the firm’s press launch, “It’s becoming to open this cutting-edge venue at Monmouth Park, the place authorized sports activities betting in New Jersey first launched, and add to its wealthy historical past.” He added that the corporate’s funding aligns with ongoing assist for racing within the area: “With this funding, we’re proud to proceed to assist horse racing within the Backyard State. We count on that the brand new built-in sports activities wagering expertise will draw new followers from the Jersey Shore and past.”
Monmouth Park’s operator, Darby Growth LLC, echoed that sentiment. Chairman and CEO Dennis Drazin stated, “We’re so proud to companion with Caesars and delighted to supply followers this new state-of-the-art sportsbook. This has been a very long time within the making, and it’s satisfying to lastly see it come to fruition as we proceed the enlargement of the Monmouth Park facility as a prime leisure and gaming vacation spot within the State.”
The racetrack itself has been a significant presence in New Jersey horse racing since opening in 1946. It homes roughly 1,600 horses and hosts the annual Haskell Stakes, a marquee occasion on the racing calendar.
Expanded Digital and Land-Primarily based Footprint for Caesars in New Jersey
Alongside the brand new retail sportsbook, Caesars maintains a big land-based presence in New Jersey by its Atlantic Metropolis on line casino properties: Caesars, Harrah’s, and Tropicana. The corporate additionally operates a number of statewide on-line platforms, together with Caesars Sportsbook & On line casino, Caesars Palace On-line On line casino, and Horseshoe On-line On line casino.
Earlier within the 12 months, the corporate expanded its on-line live-casino footprint by launching its second customized dwell supplier studio—its first situated in New Jersey—at Tropicana Atlantic Metropolis by a partnership with Evolution. Caesars described the studio as a part of broader efforts to mix its digital operations with its established land-based manufacturers.
Sports activities followers 21 and over may also use the Caesars Sportsbook & On line casino app on desktop or cell units. The platform supplies same-game parlays, participant props, futures, dwell wagering markets, and accountable gaming instruments similar to Deposit Limits, Spending Limits, Day by day Time Limits, and Cool Off Time Limits. Customers can stream 1000’s of sporting occasions, together with NFL video games, and entry a collection of on-line on line casino video games from well-known suppliers in addition to Caesars-branded titles.
Caesars highlighted its longstanding dedication to accountable playing, having launched the trade’s first industrial accountable gaming initiative—Venture 21—in 1989. The corporate maintains a coverage proscribing gaming entry to people 21 and older, together with participation in Caesars Rewards.
In March 2024, Caesars Sportsbook earned RG Test accreditation from the Accountable Playing Council in Ontario, recognizing its adherence to superior accountable gaming requirements. Later within the 12 months, it acquired the Nationwide Council on Downside Playing’s Company Social Duty award.
Shares in Caesars Leisure Inc. closed barely decrease at $19.91 on Thursday, November 11, a marginal decline of 0.35 p.c.
