by Giovanni Shorter | Feb 18, 2021 12:07 pm | Revenue
NJ sports betting fans wagered $958.7 million in January. The Garden State collected $82.6 million in revenue. Most wagers were made on basketball. TRENTON, N.J. – New Jersey continues to see major action in its legal sports betting market, collecting a...
by Giovanni Shorter | Jan 14, 2021 10:56 am | Revenue
New Jersey has seen $996.3 million in sports betting activity in December. This is the highest sports betting month since launch. New Jersey collected a record-breaking $66.4 million in sports betting revenue. TRENTON, N.J. – New Jersey has continued to be one of the...
by Giovanni Shorter | Jan 12, 2021 12:37 pm | Sports Betting
A ruling on the long-standing lawsuit may be coming soon. The New Jersey Thoroughbred Horsemen’s Association initially sought $150 million in lost revenue as well as the $3.4 million bond applied by the leagues. Judge Freda Wolfson denied the claims for lost revenue,...
by Giovanni Shorter | Dec 14, 2020 5:40 pm | Revenue
New Jersey had a record-breaking November with sports betting activity surpassing $931.6 million. The Garden State took in $50.6 million in sports betting revenue. This is a 16% increase in betting handle month over month. TRENTON, N.J. – New Jersey’s sports betting...
by Giovanni Shorter | Oct 16, 2020 1:56 pm | Regulatory
The NCAA Men’s Basketball Tournament will be hosted in New Jersey in 2025. Senator Paul Sarlo wants to adjust the state’s rules on collegiate betting to allow NJ sportsbooks to host betting lines. The legislation presented by Senator Sarlo would remove...
