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NEWS 15 August 2018

NJ sports betting revenue just short of $4m for first full month

By Oliver Rudgewick

Punters in New Jersey placed just under $4m in the first full month of legal sports betting in the state.

Meadowlands Racetrack and Ocean Resort took the largest share of the sports betting revenue, taking $1.3m and $1m respectively,

July’s takings took the overall revenue for sports betting in The Garden State to $7.2m, from a handle of $57m, with baseball being the most popular;$36m has been legally wagered on the sport in New Jersey to date.

Overall gaming revenue in for July was $302m, up 13% year-on-year

Casino win for July was up by 10% to $272m and internet gaming win was $25.9m, up 26%.

For the first half of the year, gaming revenue saw a small increase of 0.3% to $1.56bn, and casino win was $1.39bn, down 2%.

 

 

 

 

 

 

 

RELATED TAGS: Financial | Sports Betting
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