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Developer dropping bid for sports betting at former track



CHERRY HILL, N.J. (AP) — A developer is dropping its bid to offer sports gambling at the site of a former racetrack in southern New Jersey. In a letter to a federal judge on Tuesday, Cherry Hill Towne Center Partners said it is wants to voluntarily dismiss its lawsuit against a successor to the company that ran the former Garden State Park in Cherry Hill. The two parties have been embroiled in a legal dispute over whether a 21-year-old document gives GS Park Racing and affiliated companies the exclusive right to offer sports gambling. New Jersey law allows casinos and current and former racetracks to operate sportsbooks. 

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