New Jersey got the ball rolling and sees some immediate benefits. The field sizes have been an issue and even Saratoga has had to take a punch this meet due to inclement weather. But Saratoga is as potent as any facility. Monmouth and Delaware needed a boost especially the former while the latter, even if minimal, could use a boost in the racing industry; Delaware had a form of betting prior to the Court ruling with grandfathered parlays in football. Other tracks-- Arlington comes to immediate attention -- could have a drastic change if those states adopt sports betting laws. A new race track in Massachusetts is being discussed as is redevelopment of a shuttered facility by two very different entities. Sports betting is another variable though that probably is secondary right now.
Gulfstream is arguably the top track on the East coast with its year round presence and the casino is a boon. Florida sports betting will be very contentious based on existing laws and possible changes to the various county laws and how pari-mutuel betting is handled.
Indications are Pennsylvania West Virginia and Mississippi have plans in place to enact sports gambling prior to the end of the calendar year, perhaps other states as well.
This is all in the embryonic stages but it appears to be good news for two tracks that were slightly above water. The powerhouses in Florida, New York and California could potentially be even stronger.
Sports Wagering Has Monmouth, Delaware Optimistic - BloodHorse
Beyond the encouraging sports wagering handle numbers at
Monmouth Park, and the increased pari-mutuel wagering that has followed since sports betting was launched, track principal Dennis Drazin notes the increased energy at the New Jersey track.
"Everyone is excited to come out to Monmouth Park again; it's an exciting atmosphere," said Drazin, chairman and CEO of Darby Development, which operates the Oceanport, N.J. track. "Both fans and horsemen love the spirit of the place right now."
That excitement, which followed the track's commitment of having a facility ready to launch when a May U.S. Supreme Court decision allowed outlets in the state to offer sports wagering, helped make Monmouth the top sports wagering outlet in New Jersey through the end of July. According to the New Jersey Division of Gaming Enforcement, since Monmouth launched sports wagering operations June 14 through July 31, the track posted more than $3.1 million in sports wagering gross revenue (sum of all wagers less only the payouts on winning wagers). That $3.1 million figure accounts for 43% of New Jersey's sports wagering gross revenue through July 31.
Sports wagering also has helped fuel a bump in on-track pari-mutuel wagering at Monmouth. Average daily on-track wagering for the 18 days since sports wagering has been added (through July 31) is up 16% to $525,273 and attendance has improved 4% to 10,851 compared with the corresponding 21 race dates in 2017. Looking at the first seven Saturdays of pari-mutuel wagering since sports wagering has been in place, on-track handle is up 15% to $3,460,912. Total attendance for those dates is up 4% to 65,844.