Wall Street article today on New Jersey sportsbetting

[Bostongambler]

Surpassing Nevada at this point .

[Daddy89]

Link?

[bunion bill]

That doesn’t mean crap . Now that New York and pa have it numbers
will go south for sure . A good portion of that biz came from those states. Not one
person that I know here bets and I know thousands of people. They
are hyping numbers for other reasons .Article should read for every whites person
that moves out 1.5 foreigners move in.

[Sam Odom]

Article should read for every whites person
that moves out 1.5 foreigners move in.

[jjgold]

Vegas is poor city

Not surprising

They are going to miss a lot of the east coast money

[Sam Odom]

JJ

you should move back to NJ and spread some loan shark $$$ out on the street

hire some cheap muscle

[jjgold]

Lol

Sammy

[thomorino]

New Jersey's numbers are inflated because New York has been slow to legalize gambling, once NY legalizes they won't be close to Nevada.

[Bostongambler]

The Tri- States will triple Nevada.

[TheMoneyShot]

People love to gamble... states should of did this a long time ago.

[Slurry Pumper]

Haven't seen the tax that NY will assess, but PA at 35% is screwing themselves. If I'm going to lay down a dime on a game, I will go to jersey to get the -110 as opposed to the -120 number posted in PA. Let it shake out for a couple of years, and I bet that N.J. still has the higher handle every month across the U.S. Nevada is small in terms of players, but they have the big money players in place. The libs in NY and PA will probably tax it too much for a book to offer reasonable plays, and at 8%, NJ has it about right, and as it turns out NJ is a transit state. People always coming or going to NY or Philly needing to drive through the Jersey roads. The big winner will be the tolls on the bridges to get out of jersey. Hell I donated a sh&t load myself last year and will probably do it again this year.

[jjgold]

Vegas still has best lines legally USA

[pavyracer]

New Jersey is so close to the big bettors of New York, Philly, etc. The mob is making tons of money betting at the books.

[Bostongambler]

Haven't seen the tax that NY will assess, but PA at 35% is screwing themselves. If I'm going to lay down a dime on a game, I will go to jersey to get the -110 as opposed to the -120 number posted in PA. Let it shake out for a couple of years, and I bet that N.J. still has the higher handle every month across the U.S. Nevada is small in terms of players, but they have the big money players in place. The libs in NY and PA will probably tax it too much for a book to offer reasonable plays, and at 8%, NJ has it about right, and as it turns out NJ is a transit state. People always coming or going to NY or Philly needing to drive through the Jersey roads. The big winner will be the tolls on the bridges to get out of jersey. Hell I donated a sh&t load myself last year and will probably do it again this year.

Of course, and the states that haven’t acted on it have to really consider all avenues of the %. That is more of an answer on why some states are not jumping into it yet.

[stevenash]

People love to gamble.

If it moves you can bet on it.

[TheGuesser]

New Jersey's numbers are inflated because New York has been slow to legalize gambling, once NY legalizes they won't be close to Nevada.

NYS is too stupid/corrupt to take advantage of this, and that seemingly will continue for years. Even though it's now "legal" in NYS, it's set up to fail, with nothing anywhere close to NYC, and no online or app presence throughout the state for years.

[lonegambler23]

wont even care if my state goes legal, all i need is 5dimes

[hustledouble]

Haven't seen the tax that NY will assess, but PA at 35% is screwing themselves. If I'm going to lay down a dime on a game, I will go to jersey to get the -110 as opposed to the -120 number posted in PA. Let it shake out for a couple of years, and I bet that N.J. still has the higher handle every month across the U.S. Nevada is small in terms of players, but they have the big money players in place. The libs in NY and PA will probably tax it too much for a book to offer reasonable plays, and at 8%, NJ has it about right, and as it turns out NJ is a transit state. People always coming or going to NY or Philly needing to drive through the Jersey roads. The big winner will be the tolls on the bridges to get out of jersey. Hell I donated a sh&t load myself last year and will probably do it again this year.

PointsBet has specifically referenced the tax as a reason they're unlikely to enter PA market.

NY levies an 8.5% tax on land-based wagering. I believe the guys in the state assembly pushing the mobile side are offering an 8.75% tax on mobile with an additional 2% payout to the leagues. So effectively 10.75% on mobile. Not PA, not NJ. I think that's low enough hesitant operators like PointsBet would come in, though. PA is outrageous. It will really stifle their options.

[KVB]

We already know this about NJ and Vegas. It will probably never go back.

Might come down to the fact that there are just so many more people, and now they don't need to trickle the bets to Vegas.

It is what it is.

[shocka1212]

Vegas is trash, NJ is not....

[jjgold]

Shocka of course

NJ has 1000000000000000000000000x the wealth Nevada has also


NJ has much better lines than PA

[stevenash]

Vegas is trash, NJ is not....

I was born in NJ, Coach knows Jersey too.
NJ is a split state, industry in the north by the Hudson River (Newark, Jersey City area) and agriculture, farming etc. in the southwest.
There's trash in NJ, plenty of it, but there's beau coup money in NJ too, plenty of that also.

Vegas is what is it is, a desert resort town that without the glitter would be just a desert town.

[RockBottom]

New Jersey's numbers are inflated because New York has been slow to legalize gambling, once NY legalizes they won't be close to Nevada.

The same argument can be made for California.

[jjgold]

The numbers I think will be close different states will win at different times New York will hurt New Jersey a little

[chalkman777]

pa crippled nj after they opened casinos . pa will be the sportsbetting mecca .