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New Jersey Sports Betting Handle Doubles in August

New Jersey sports bettors wagered $95 million on sports in August, a figure that was twice the amount of July's handle.

The New Jersey Division of Gaming Enforcement has reported total revenue of approximately $304 million. By comparison, August of 2017 saw $244.8 million generated in traditional casino revenue.

David Rebuck, Director of the NJ Division of Gaming Enforcement, had the following to say according to an AP Press Report.

"“With the new casinos that opened in June and the addition of sports wagering options, including online alternatives, the gaming industry has experienced growth rates in July and August that have not been achieved in years."

Breakdown of August 2018 Revenue

  • East Rutherford's Meadowlands Racetrack generated more than $3m in sports betting revenue.
  • Resorts Digital – $2.97m
  • Monmouth Park Racetrack – ~$900,000
  • Borgata Casino – $855,000
  • Ocean Resort Casino – $520,000
  • Harrah's – $300,000
  • Bally's – $270,000
  • Golden Nugget – $215,000
  • Resorts Casino – $98,000

There is a trending SBR Forum discussion on New Jersey sports betting.

"Yes the lines are a bit more [crumby] than offshore but gotta tell you been very happy w (sic) the experience so far," posted USCPHILLYGUY.

" It will help offshore because with new companies in the game offshore will have to stay on their toes more and offer great products and fast payouts with low fees," remarked jjgold, an SBR Forum member since 2005.

Sports bettors can compare the features offered by online sportsbooks using the SBR Sportsbook Rating Guide.