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Churchill Downs Racing to Get Into Sports Betting

Famed Kentucky race track owner Churchill Downs Inc. said last week it is pairing up with a New Jersey casino owner to get into online sports betting.

Churchill, owner of the Louisville track that is home to the Kentucky Derby, said it is aiming for the first quarter of 2019 to begin accepting legal wagers on iGaming and sports in New Jersey as part of its agreement with Golden Nuggest Atlantic City. iGamuing is real money online gaming.

“We are looking forward to offering integrated iGaming and sports betting products in New Jersey,” Bill Carstanjen, CEO of Churchill Downs said on the company’s website. “We have the unique opportunity to leverage our knowledge and experience operating the largest legal online horse racing wagering business in the U.S. as we enter the iGaming and sports betting markets.”

The U.S. Supreme ruled earlier this month that states can legalize sports betting. The case challenging a federal ban on sports betting was brought by New Jersey, which moved immediately to legalize it.

“We welcome Churchill Downs, a respected U.S. gaming operator with online wagering experience, to New Jersey,” said Thomas Winter, Senior Vice President and General Manager, Online Gaming for Landry’s Golden Nugget. “The addition of their offering will allow Golden Nugget Atlantic City to cater to an even larger demographic of New Jersey online players.”

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