Nevada’s controversial sportsbook supplier CG Technology (CGT) plans to launch operations in New Jersey through a partnership with the Meadowlands racetrack.
On Thursday, CGT announced that its new subsidiary CG Technology NJ LLC had reached a deal with New Meadowlands Racetrack LLC to launch a new online and mobile sports betting product at some point this year, preferably before the start of the new National Football League season.
CGT CEO Parikshat Khanna said the company was looking forward to bringing its “decade-plus of experience” to New Jersey. Khanna claimed the company, which operates eight sportsbooks at seven Nevada resorts plus a mobile betting app, had “always envisioned national expansion that would give American consumers more product options.”
Meadowlands CEO Jeff Gural was equally impressed with CGT’s experience, claiming the company would bring “some new and inventive offerings” to tempt New Jersey’s online and mobile bettors.