New Jersey Sportsbetting Up Big in August

New Jersey's Division of Gaming Enforcement revealed that the Garden State's sportsbetting revenues for the month of August, noting a huge 174% increase in revenues during the period.

Sportsbetting revenues came to $25.2 million, up from $9.2 million from the same month last year. The jump is $17.9 million, and the rise is attributed to the large increase in handle, which came in at $293.6 million. Of that, $249.2 million was generated on online books.

In terms of revenues the FanDuel/Meadowlands Racetrack came out on top, generating $11.9 million, while Resorts Digital and DraftKings was second with $6.7 million. Monmouth Park and William Hill were third at $2.1 million.

New Jersey has been a pioneer for recent gambling expansion in the United States, as they were one of the first to push for the legalization of online gambling. They were also the primary factor in pushing the case to the U.S. Supreme Court to overturn the PASPA sportsbetting ban, a measure that was ultimately successful.

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bgsharpe
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13 September 2019 - 6:49pm
#1

And that's even before NFL season kicked off...imagine what the revenues would be after that getting started.

usbarbadosslim93
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17 September 2019 - 6:06pm
#2

Yeah the revenues are going to be huge once there's a full month of NFL betting in play.

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bgsharpe
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18 September 2019 - 5:43pm
#3

How about the Lions Slim?

They seem to be doing better this season..I'm still not certain Matt Patricia is the right man but I'd be glad to be proved wrong...

usbarbadosslim93
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19 September 2019 - 12:54pm
#4

I was talking to Ed during the Lions' first game and depressed. They got the win as underdogs against the Chargers, who're supposed to be legit SuperBowl contenders. I would have predicted they'd win the first game and lost the second before the season started. If you'd have told me they'd be 1-0-1 (the tie) after the first two games before the season started I'd be happy with that.

It'll be interesting to see what they do against the Eagles this weekend. I saw that literally a quarter of their roster was listed on the injury report, which is only good for the Lions.

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bgsharpe
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19 September 2019 - 4:41pm
#5

Yeah man I agree, the Lions look better than the last season, that tie could be a dubious result in the end especially if that compromise their chances of entering the playoffs but of course it's better than a loss.

The Eagles don't look too confident themselves so it has to be a close game that.

Maybe we should create a topic about NFL in the sports forum section and have a chat there from time to time if you interested, not just about the Lions but NFL in general.

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