Filing: Leagues' block of sports gambling cost track $139M

May 25, 2018 - 12:44 am
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NEWARK, N.J. (AP) — A New Jersey horse racing association has filed a legal action against the four major pro sports leagues and the NCAA over what it says is more than $130 million in lost sports betting revenue.

The action filed Thursday in federal court claims the leagues acted in bad faith when they got a restraining order in 2014 to block Monmouth Park Racetrack from offering sports betting because at the time they were actively promoting and endorsing fantasy sports businesses.

The action claims Monmouth Park would've made $139 million in revenue between November 2014 and this month when a Supreme Court ruling allowed all states to authorize legal sports gambling.

Spokesmen for the NBA, MLB and NFL didn't immediately return messages seeking comment.

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This version corrects that the filing was a motion seeking damages and not a separate lawsuit.

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