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The new Borgata Sportsbook is set to open June 29.
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At a cost of $12 million, Moneyline Bar & Book is named after a method on sports in which a gambler wagers that a team will win its game without having to win by a certain amount of points.
It will also open a bar and lounge named Level One that will be connected to the sports bar.
“We knew we wanted to provide our guests with an experience that was more than a transactional venue for sports wagering,” said Marcus Glover, Borgata’s president and chief operating officer. “We felt Borgata’s guests deserved something that would advance the market by bringing together sports, culinary, entertainment, gaming, and nightlife into a destination experience.
The porject adds sports betting capacity to Borgata's existing race and sports book, which will remain in operation.
In addition to six sports betting windows, Moneyline will have self-service betting kiosks.
Traditional casino gambling, including 19 slot machines built int the bar and four blackjack tables, will be added as well.
Since sports betting began in New Jersey in June 2018, nearly $2.64 billion has been wagered in the state on sports. The Borgata was the first to take a sports bet.
New Jersey won a landmark ruling from the Supreme Court in May of last year, which ruled to overturn decades of prohibition against sports wagering. Since that time nearly a dozen states have authorized the activity.
- Aaron Goldstein, Gambling911.com
