On Wednesday, Feb. 27, the
New Jersey Racing Commission adopted a proposal to have TVG take over 4NJBets,
the online betting platform of New Jersey. 4NJBets is the only option available
to the residents of New Jersey to wager on horse racing online, and that system
had become antiquated.
Here is the motion that
the NJRC approved at its recent meeting.
Consider the joint petition, of the New Jersey
Sports & Exposition Authority, as holder of the New Jersey account wagering
license, and Darby Development, LLC, as manager of the day-to-day and business
operations of the New Jersey account wagering system, for approval of ODS
Technologies, L.P. (doing business as “TVG NETWORK”) to provide the platform
wagering services (that is, telephone & internet/computer related services)
for the New Jersey account wagering system.
Today a notification
appeared on the 4NJBets homepage announcing the change that will begin on
TVG.com has a special site
separate from its main site for New Jersey residents only.
Here is the press release issued by Monmouth Park this evening:
OCEANPORT, N.J., Feb. 28, 2013 – TVG and Darby Development LLC today announced that, from tomorrow, March 1, TVG will provide online and telephone account wagering platforms and related services for New Jersey’s only licensed and legal online horseracing wagering site, 4NJBets.
Licensed yesterday by the New Jersey Racing Commission (NJRC) to provide the online and telephone account wagering platforms in the Garden State and related services, TVG was chosen for the 4NJBets assignment by Darby Development LLC, which manages Monmouth Park Racetrack and manages the state’s ADW business on behalf of the New Jersey Sports and Exposition Authority.
While the site’s web address remains the same, its look and operational features have been completely overhauled. As a result, 4NJBets.com will now provide fast and easy online deposits and withdrawals, streamlined navigation functionality, effortless online and mobile betting and live racing. In addition, it will offer a full array of helpful wagering services familiar to existing TVG customers elsewhere in the US.
“TVG is the recognized ADW industry leader, and as such was the perfect candidate to provide the new look for 4NJBets,” said Robert Kulina, president of Darby Development. “With TVG at the helm, we are confident 4NJBets will provide a major boost for all elements of the state’s racing industry. For all of our customers who want to support New Jersey racing we now have a state of the art product for them to enjoy.”
“TVG has a long history of working closely with New Jersey racing through its television network,” said Stephen Burn, President and CEO of TVG. “Now, we have an opportunity to use all our resources, including the online wagering platform, to help New Jersey racing have a long-term sustainable future.”