Meadowlands Racetrack Celebrates Sports Betting Anniversary

• FanDuel Sportsbook at the Meadowlands is the highest-grossing sportsbook in the state of New Jersey.
• The venue offered giveaways, boosted odds, prizes, site credit, and NFL suite tickets as a thank you to their customers.
• Their online betting platform has two skins: FanDuel and PointsBet.

EAST RUTHERFORD, N.J. – Sports betting at the Meadowlands Racetrack has been live for one year. After launching on July 14, 2018, the racetrack held a party to celebrate the successful first year of business.

Linked with FanDuel Sportsbook for their retail location, the Meadowlands has held a large share of the legal New Jersey sports betting market since their launch.

With over $203 million in combined revenue for every New Jersey sportsbook over the first thirteen months, the Meadowlands has been responsible for 43.8% of it.

Additionally, they have contributed over $10 million to the state in the form of sports betting tax revenue, being one of four sportsbooks who have surpassed the $1 million mark. This equates to 43.3% of every sportsbook’s tax contributions, making them the clear favorite destination in New Jersey.

Over the course of 2019, the FanDuel Sportsbook at the Meadowlands has brought in nearly $13 million in land-based sports betting revenue – over four times the land-based revenue brought in from the second-highest book (Monmouth Park).

Even in the slower months of the sports betting year, the Meadowlands is keeping the New Jersey industry alive. They were the only book in June to earn more than $530,000 in land-based revenue, as they brought in an astounding $1.6 million. In short, this is half-a-million dollars more in revenue than all of the other nine licensed sportsbooks combined!

When you add in their revenue of $45.1 million associated with their FanDuel and PointsBet online platforms, the Meadowlands has seen almost $58 million in total revenue (before tax contributions) for 2019 – nearly double the second-highest-grossing sportsbook (Resorts Casino).

With this production, the racetrack was sure to pass along their respect to its customers and potential new sports bettors. FanDuel Sportsbook is known for offering boosted odds and even paying out customers early in assumed winning wagers. It is this benefit to their customers that make them the highest-grossing sportsbook in the state.

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