By: Angelo J. Genova
Founding Partner Angelo J. Genova was quoted in an article by Heather Haddon in the May 7th Wall Street Journal entitled “UK. Firm Bets on U.S. Track; Bookmaker Invests to Bring Simulated Wagers to Monmouth Park in New Jersey.”
The piece described the deal signed by William Hill, the British firm that runs a major share of Nevada’s sports-betting operations, to operate a so-called “free play” facility at the Monmouth Park racetrack.
In free play, no money changes hands, but clients who choose winning sports teams or players can get prizes and perks, such as concert tickets, electronics and meals.
According to the article: “ ‘It’s establishing a framework for sports betting in the state,’ said Angelo Genova, a partner at Genova Burns, a Newark law firm representing Monmouth Park racetrack. ‘It’s cutting edge.’”