The state of New Jersey has set another sportsbetting revenue record in October, with $46.4 million in revenues generated on a handle of $487.9 million in wagers placed.
The previous high for sportsbetting revenues was $37.9 million, which was recorded the month prior. The number is up 297.8% from the $11.7 million recorded in October of 2018. The $487.9 million in wagers was up 87.14% from the $260.7 million recorded last year.
Most of the wagers were placed online, with $417 million of the handle covered online. Land-based handle came in at $71 million.
No comment from DGE officials was given for the performance.