by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet...
by Giovanni Shorter | Jun 18, 2021 11:56 am | Revenue
Sports betting in New Jersey saw a 9% increase month over month in May. Local sportsbooks saw $814.2 million in betting activity. NJ saw $52.9 million in sports betting revenue. TRENTON, N.J. – The New Jersey Division of Gaming has officially released the May sports...
by Christina Monroe | Dec 14, 2019 10:08 am | Revenue
New Jersey’s reported numbers for sports bets in the month of November have gone up greatly since November 2018. Atlantic City has also seen its best revenue performance since 2012. These increases show just how much the popularity of the sports betting market has...
by Michael Molter | Aug 15, 2019 12:28 pm | Revenue
New Jersey posted their lowest handle since September 2018, just eclipsing the $250 million mark. The Meadowlands was responsible for $9.1 million of the collective $17.88 million in sportsbook revenue for the state during July. July’s sports betting revenue in New...
by Michael Molter | May 23, 2019 11:05 am | Sports Betting
Borgata was the first Atlantic City casino to accept a sports bet in June of last year. Borgata has the third-highest land-based sportsbook revenue of the ten licensed books in NJ. Level One will be located only steps away from Premier Nightclub. ATLANTIC CITY, N.J. –...