Penn National Gaming Inc. will open a new off-track wagering facility in southern New Jersey July 2.
Favorites at Gloucester Township Sports Bar and Off-Track Wagering occupies the former Stone Grill restaurant in Camden County. It will open under a license granted to Freehold Raceway Off-Track LLC and will be managed by PNGI, co-owner of Freehold Raceway in a partnership called Pennwood.
It will be the fifth OTW facility in New Jersey; the others are located in Bayonne, Toms River, Vineland, and Woodbridge Township.
When Garden State Park in Camden County closed in the early 2000s, owner Greenwood Racing planned to construction an OTW facility on the site, which now hosts retail and residential development. The project never materialized.
"It has been over a dozen years since Garden State Park left a void in the southern New Jersey horse racing landscape," said Chris McErlean, vice president of racing for PNGI. "We are excited to finally bring off-track wagering to this area for the loyal racing fans in Camden County and the surrounding areas."
The other southern New Jersey outlets that offer year-round simulcasts are Atlantic City Race Course and its Favorites at Vineland OTW facility, both of which are owned by Greenwood, and one casino in Atlantic City.
McErlean said Favorites at Gloucester Township is projected to generate about $1 million in purse revenue for New Jersey racetracks.
The facility has a 50-seat bar surrounded by two rings of flat-screen televisions; 16 self-service wagering terminals and five pari-mutuel teller stations; an upscale wagering area with more than 40 individual handicapping stations; a 90-seat dining area; and an outdoor patio with a bar and seating for more than 50 people.
"We think there will be plenty of options for the regular racing fan as well as the casual customer looking for an entertaining night out," McErlean said.