TwinSpires Will Shut Down Its New Jersey Betting Operations on Friday

TwinSpires Will Shut Down Its New Jersey Betting Operations on Friday
By Lou Monaco
Fact Checked by Pat McLoone

The short-lived, Churchill Downs-owned TwinSpires Sports and Casino mobile sportsbook will shut down operations officially in New Jersey sports betting on Friday.

In an email to customers and a notice posted on its website, TwinSpires announced its decision to close operations in the state and was notifying customers of immediate changes.

TwinSpires will stop accepting sports wagers in New Jersey on Friday, meaning bettors with them alone will need to consider other sportsbook apps in the state.

The TwinSpires site will be available until July 11 to allow funds to be withdrawn by customers. All casino games also will be disabled on Friday, along with deposits.

New Jersey is one of a handful of states with real money online casinos, along with Pennsylvania, Delaware, Connecticut, Michigan and West Virginia.

Those states, plus Nevada, offer online poker.

 

 

 
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What Happens After July 11?

Funds still in TwinSpires accounts after July 11 will be returned to the customer by the address associated to the account via paper check within 30 days.

Open wagers will continue to settle during that time. If an address update is needed, the customer needs to contact Player Services at TwinSpires immediately at 877-774-7371.

Funds in a customer’s account can be electronically transferred to the individual’s bank account via online banking, PayPal, ACH, TwinSpires Prepaid Play+ or Cash at Cage.

The ability to cash out will continue to be available on all eligible open bets. There is also an opportunity to void bets if you do not want to use the cash-out feature or it is not available.

Any future wagers that will settle after July 11 can be canceled by calling Player Services at the number above.

Last year, TwinsSpires sports betting and iGaming launched in the state on Dec. 2. 
 
On Feb. 24, Churchill Downs announced it was keeping its horse racing mobile platform but was getting out of the online sports betting and casino business.

The TwinSpires sports mobile app was operational in Arizona, Colorado, Indiana, Michigan, New Jersey, Pennsylvania and Tennessee, while its casino offering was live in Michigan, New Jersey and Pennsylvania.

 

 

May Numbers Coming Soon

New Jersey is expected to announce its report on sports betting handle and revenue sometime next week.

The state in April fell below the $1 billion total handle mark it has been hitting consistently.

New Jersey’s sports betting handle fell to $927 million, which was down more than 17 percent from March, when the NCAA Men’s Basketball Tournament helped keep the handle at $1.12 billion.

The state has retained strong numbers despite the onset of mobile sports betting in New York on Jan. 8.

Revenue also was down 24.2% to $50.35 million after being at $66.4 million for the month of March.

 

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Author

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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