New Jersey Approves PointsBet for Online Sports Betting

New Jersey regulatory authorities have given preliminary approval of Australian sports book provider PointsBet to conduct “soft play” betting at the Meadowlands Racetrack.

The New Jersey Division of Gaming Enforcement has granted preliminary approval to Australian sports book supplier PointsBet to conduct “soft play” betting in connection with the Meadowlands Racetrack.

The company will solely provide online sports betting services. The live sports book at Meadowlands is operated by FanDuel.

PointsBet allows bettors to water on the final score of a sporting event, and pays according to how close they are.

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