Betfair leaving the NJ market

[Colonist]

Their 12% juice just couldn't be sustainable

https://www.paulickreport.com/horseplayers-category/betfair-ends-exchange-wagering-for-new-jersey-customers/

[Optional]

Yet another jurisdiction Betfair could not make good money serving.

There are a lot of them over the years went same way.

[icon]

This will probably make it even more difficult for the Betfair clones to offer LAY betting on US horseracing.

I believe much of the US horse wagering $$$ on Betfair came from accts in NJ.

[Shifty]

Greedy state had to get a cut of that 12%. Now they'll get nothing.