New Jersey sports betting licensees report 'stunning' September revenue

The Division of Gaming Enforcement announced that around $184 million was wagered on sports in New Jersey in September. That number is almost twice as much as the roughly $96 million wagered in August. While the numbers do not match those seen in Nevada, the numbers are quickly approaching similar levels. In August, Nevada handled about $247 million in bets. For comparison’s sake, Mississippi and West Virginia, two other states that have legalized sports betting, took in about $9.8 million and $5 million in the most of August, respectively. The large upswing corresponds with the beginnings of the college and NFL football seasons. In New Jersey, online betting has been the primary source of wagers as $210 million out of the $336 million bet so far have been placed online. New Jersey Gaming Enforcement Division Director David Rebuck has described the numbers as “stunning”.

International sports law and business blog

Updates on sports business and legal news from around the world.