New Jersey breaks sports betting record in September
New Jersey is the first state in the US to pass the $1bn mark for its monthly handle.
US.- New Jersey handled $1.01bn in sports bets in September, becoming the first state in the U.S. to pass the $1bn mark, according to figures from the New Jersey Division of Gaming Enforcement. The handle from Atlantic City’s nine casinos and three racetracks breaks the previous US record set by the state in December 2020.
Revenue from sports betting was up nearly 83 per cent to $82.4m from $45m in September 2020. In-person casino revenue was up over 30 per cent to $248.5m and online gambling was up nearly 40 per cent to $122.5m.
The Borgata, Atlantic City’s perennial market leader, won more than $111m from gamblers in September, up nearly 75 per cent from a year earlier. Hard Rock won $48.6m, a 36 per cent increase.
Casey Clark, senior vice president of the American Gaming Association said: “New Jersey has always been a strong gaming market. Crossing the $1b handle mark in September is an impressive indicator of the appetite of New Jerseyans and Americans across the country who have embraced legal, regulated sports betting.”
See also: New Jersey Lottery launches campaign against underage gambling