US – CG Technology prepares to take Meadowlands onlineBy Phil - 8 February 2019
Meadowlands Racetrack in East Rutherford, New Jersey, has signed a deal to launch its online and mobile sports betting offering via a partnership with Nevada sports betting veteran CG Technology
While the deal is subject to approval by the New Jersey Division of Gaming Enforcement, CG Technology hopes to go live in time for the start of the next football season in the atutumn
Parikshat Khanna, CEO of CG Technology, said: “We are delighted to enter the New Jersey market and bring forth our decade-plus of experience catering to customers in the country’s biggest gambling market. As an early mover in the Nevada sports wagering business, we always envisioned national expansion that would give American consumers more product options.”
CG Technology will join a crop of retail and online sportsbook operators in the Garden State as New Jersey has rapidly embraced sports betting since legalisation last year.
“We are excited to announce this partnership with CG Technology,” said Jeff Gural, Chairman and CEO of New Meadowlands Racetrack LLC. “We are confident CGT, with its years of experience, will bring some new and inventive offerings that will appeal to the New Jersey online and mobile sports wagering market.”
CG Technology has contributed to the development of the Nevada sports betting industry. It was one of the first operators to invest in the build-out of large, amenity-laden sportsbooks inside top resorts on the Las Vegas Strip. Today, it operates eight sportsbooks at seven resorts in Nevada and offers account-based wagering through its CG Sportsbook app.
CG Technology is one of the largest licensed bookmakers in Nevada and operator of eight Nevada sportsbooks at seven prime Las Vegas resorts, including The Venetian, The Palazzo, and The Cosmopolitan to iconic classics like Hard Rock Hotel & Casino and Tropicana to locals’ favourites Silverton Casino, M Resort, and Palms Casino Resort.
The Meadowlands Racetrack, famed for events like the Hambletonian and Meadowlands Pace, has already unveiled a FanDuel Sportsbook in its state-of-the-art grandstand.