Yahoo sportsbook has been officially launched in New Jersey. Yahoo Sports has partnered with BetMGM to offer sports betting products. Now players in New Jersey would have access to sports betting directly on yahoo sports.
Currently, there are 14 sportsbooks operating in New Jersey.
In a statement to the press announcing the launch of the sportsbook, the company said: “Today, Yahoo Sportsbook powered by BetMGM launches on Yahoo Sports allowing fans nationwide to view betting odds across a variety of sports. Users of legal age in the state of New Jersey can click through the odds to place bets on BetMGM.
The new offering gives sports fans a new way to enjoy the games they love, integrating sports betting opportunities into the Yahoo Sports app and desktop experiences. Yahoo Sportsbook powered by BetMGM elevates the experience for sports fans, getting them closer to the games they’re passionate about and closing the loop from content to transactions.”
The sports gambling market in New Jersey has been continuously expanding. The NJ sportsbooks took in record bet in October.
According to the figures released by the state Division of Gaming Enforcement, the total betting handle was $487.9 million in October, up from $445.6 million handle in September.
Mobile sports betting contributed to the majority of the revenue. The state saw $417 million in betting handle from mobile sports betting apps across the state. The figures represent 85.4 percent of the total revenue from sports betting operations in October.