Garden State Punters Bet $3.2 Billion on Sports in First Year

This story was published more than 4 years ago.

Gamblers in New Jersey bet $3.2 billion on legalized sportsbetting during the first year that the activity was sanctioned.

The numbers were released by the New Jersey Division of Gaming Enforcement, who shared that the state became the largest sportsbetting market in May, beating out Nevada in terms of wagers placed. For the month, $318.9 million in wagers were placed. In June, the state took in $273 million in bets. For the year to date, casinos have earned $109 million off sportsbetting and paid in $13.3 million in taxes.

The results have proven to be beyond expectations for many in the Garden State, with numbers continuing to rise as more and more gamblers jump on board. Commenting on his company's results, Meadowlands Racetrack operator Jeff Gural said, "I am frankly shocked at how well we have done."

"I expect that in this calendar year we will do $500 million (in betting volume), which makes us the biggest in the world. We totally dominate New Jersey, and as long as New York decides to force their residents to either bet illegally or drive to New Jersey, now that we have self-bet terminals available for the football season and American Dream opening next door, I would expect to see our revenues continue to grow."

Things will likely continue to jump, as the NCAA and NFL football seasons are gearing up for action, which will bring in heavy betting.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
2 replies • Last post


Forum AngelForum Angel
barbadosslim93's picture
Location: Michigan
Joined: 28 Jan 2011
Posts: 15108
Thanks given: 846
Thanks received: 2152
15 July 2019 - 5:09pm

That's a lot of cheddar. With all the sports fiends down there, I had an inkling that they'd be a big market. Unlike Vegas, there's not a lot of transient bettors, so you're going to get a more stable market.


Forum AngelForum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 7646
Thanks given: 4239
Thanks received: 1165
16 July 2019 - 6:34pm

Yeah, good point there Slim.

We know sportsbetting is the biggest way of gambling worldwide so they in US it's just getting started I think, surely many other states would be eager to legalize it seeing those numbers.