..

Horse Racing Group Closer to Payday in Sports Gambling Suit

Written by:
Associated Press
Published on:
May/20/2020

NEW YORK (AP) — The U.S. Supreme Court declined on Monday to take up a dispute over whether the major pro sports leagues and the NCAA have to pay millions of dollars to a New Jersey horse racing association over sports betting litigation. 


*6 weeks free trial - test drive - best in the biz
*Deposit with Bitcoin - They'll double it!
*Get your own domain, customized website, logo
*Switch in under an hour, earn mrore $$ for doing so
*Odds featured on DonBest.com
*Thousands of betting options daily + live in-play
*Easy and discreet payment options include gift cards
*Walmart gift cards also accepted
Start Earning Money From Your Sheet Here

The case now goes back to federal court in New Jersey, where a judge will consider evidence from both sides and decide how much the leagues have to pay. 

The leagues had appealed a ruling by the 3rd U.S. Circuit Court of Appeals that held in favor of the New Jersey Thoroughbred Horsemen’s Association. The association sued the leagues in 2018 after the Supreme Court overturned a federal ban on sports betting. 

The suit alleged the leagues owe a $3.4 million bond, plus interest, that the leagues put up in 2014 to secure losses that might be suffered during the month that a judge’s restraining order blocked Monmouth Park Racetrack from offering sports betting. 

The horsemen's suit alleged the leagues acted in bad faith in seeking the order, because the leagues were opposing legalized sports betting at the same time they were promoting and endorsing businesses that made millions from fantasy sports games that rely on individual player performances. 

It also claimed the racetrack was wrongfully prevented from offering sports betting at the time because the judge's order was based on a federal ban later determined to be unconstitutional. 

“A party is wrongfully enjoined when it turns out that that party had a right all along to do what it was enjoined from doing,” the 3rd Circuit wrote last year. 

When the case returns to New Jersey, the judge also will determine whether the horsemen’s association's claims of damages as high as $150 million for lost sports betting revenue between Oct. 2014 and the Supreme Court’s 2018 ruling can go forward. 

An email message was left Monday with an attorney representing the leagues in the lawsuit. 

Horse Racing News

The betting and sports world received a tremendous boost with news Tuesday that the Belmont Stakes will be raced June 20 at a shorter distance and without fans.

Belmont Stakes Confirmed for June 20 at Shorter Distance, WIthout Fans

The betting and sports world received a tremendous boost with news Tuesday that the Belmont Stakes will be raced June 20 at a shorter distance and without fans.

Preakness Rescheduled for October 3, Month After Derby

Preakness Rescheduled for October 3, Month After Derby

The 145th Preakness Stakes has been rescheduled for Oct. 3, an announcement delivered Saturday less than hour before the original post time for the Triple Crown race.

2020 Arkansas Derby Odds

2020 Arkansas Derby Odds

You can bet the 2020 Arkansas Derby this Saturday May 2.  It will act as a filler for the Kentucky Derby, which has been postponed until September 5 due to the coronavirus pandemic.

Where Can I Bet the Arkansas Derby Online From My State?

Where Can I Bet the Arkansas Derby Online From My State?

Betting on the Arkansas Derby is available online from all US states.  Americas Bookie pays full track odds and offers a generous welcome bonus with a maximum of $1500 AND 10% back on net losses monthly.

Triple Crown Showdown Betting Odds - Virtual Kentucky Derby

Triple Crown Showdown Betting Odds - Virtual Kentucky Derby

Saturday May 2 would typically be the most trafficked day of the year for Gambling911.com with the Kentucky Derby.  Instead we will get a virtual version with ghosts of yesterday's champs coming back to life.

Syndicate