New Jersey sportsbooks had the best month ever since the state legalized sports gambling last year. A total of $445 million was wagered on sporting events in September. The figures represent the highest month to month aggregate since the state launched sports betting operations after the US Supreme Court legalized sports betting.
Nevada had the biggest month in terms of sports betting handle, which was back in March earlier this year when it took almost $600 million in wagers. While the record for being the biggest month in US sports gambling history is yet to be broken the New Jersey sports gambling market is consistently expanding.
According to the figures released by the state Division of Gaming Enforcement, the New Jersey club and circuits made almost $38 million on their September wagers. The surge in the betting handle is also attributed to the NFL season.
Online wagers brought $41.1 million in income for the club in September, which was up about 60% when compared with Sept. 2018.
“While administrators keep on confronting solid challenge for gaming and recreation clients, the expansion in complete gaming income demonstrates the business has developed for the advancement of both Atlantic City and New Jersey in general,” said James Plousis, executive of the New pullover Casino Control Commission.
Earlier this month, Pennsylvania’s Parx Casino launched its online sportsbook in neighboring New Jersey. The casino is owned and operated by Greenwood Gaming & Entertainment.
Parx Casino has partnered with GAN and Kambi to offer sports betting in the New Jersey market. This would also be the casino gambling operator’s second sportsbook after Pennsylvania.