According to racing journal reports, Betfair is in the process of working out a betting exchange deal with New Jersey's Monmouth Park race course.
The beginnings of the arrangement which has already been agreed upon by both companies could go into effect as soon as mid-2014. The deal has been turned over to the state attorney general for consideration before it's resented to public and state racing officials.
If approved, this partnership will mark the first betting exchange operation in the USA.
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