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.