NJ Racetrack Loses 'Bad Faith' Bid In Sports Betting Suit

By Joyce Hanson (December 4, 2020, 8:52 PM EST) -- A New Jersey federal judge has denied a racetrack's bid to collect immediate payment on a $3.4 million bond that major sports leagues posted when they sued to stop sports betting in the state, saying it failed to properly claim the leagues acted in "bad faith" when they halted gambling.

Chief Judge Freda L. Wolfson ruled Thursday that New Jersey Thoroughbred Horsemen's Association Inc. has not properly pled the court may award $150 million of damages the Monmouth Park, New Jersey, racetrack sustained beyond the $3.4 million bond after a temporary restraining order ended in the suit brought by the NCAA,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!