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Originally Posted by njcurveball
I just wrote to a few NJ sources. The new "vig" will be either 25 cents per bet or $19.95 per month.
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Did your sources say TVG will become the account wagering platform operator for 4NJbets or that TVG is going to be the ADW company for NJ?
In my uneducated and knee-jerk opinion, if TVG did become the ADW company in NJ, it could be in violation of the “commerce clause“, as TVG is not a NJ company. If NJ law requires it’s residents to use a specific out of state company for horse wagering, it would be an interstate transaction and the states do not have the power to regulate interstate commerce.
Even if 4NJbets remains the bet-taker and TVG is the platform operator, they can still impose wager fees if the wished. (The industry is struggling right now in NJ, so it makes perfect NJ sense to increase the cost of wagering.)
