Thursday, February 21, 2013

State Approval of 4NJBets Takeover by TVG Imminent

The Office of the Attorney General yesterday issued a public notice to announce a meeting of the New Jersey Racing Commission (NJRC) in Trenton on Wednesday, February 27, at 1 p.m. to discuss and likely award the turnover of business operations of the state's account wagering system (4NJBets.com) to TVG Network.

The announcement and related agenda posted to NJRC's website signal that the Commission will vote on Wednesday's conference call whether first to approve turning over New Jersey's platform wagering services (i.e. 4NJBets.com phone, internet horse betting) to Oregon-based ODS Technologies, L.P. (doing business as TVG Network) and, immediately thereafter, issue ODS a vendor license. Since 2010, the state's "ADW" has been operated by Sportech, LLC, a U.K.-based wagering concern.

Interested parties should contact NJRC at 609-292-0613 with further questions, though it seems that if anyone from the public would like to speak, they would have to do so from the NJRC's Trenton office.

As this is a relatively quiet time for me in the handicapping contest schedule, I will keep track as much as possible of further developments, but have discussed this topic more than I cared to the last week or so.

In short, I am looking forward to the tournament access that a TVG could provide, but would rather have the opportunity to pick an ADW on the open market, namely TwinSpires.com or DRFBets.com, which offer a lot more opportunities at qualifying for NHC XV in January 2014.

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