NJ Sports Betting Records Keep Falling To The Tune Of Half A Billion In October Bets

26/11/2019

New Jersey is reaping the rewards of a busy season of sports.
Earlier 12, October numbers were released by the New Jersey Division of Gaming Enforcement, and its the second straight record-breaking month.
The Garden State took in $488 million. This tops the previous one time mark out of September of $445.6 million.
Combined with the other eight weeks old 2019, the year-to-date handle is now at an eye-opening $3.5 billion.
To top it off, sports betting earnings came in at $46.4 million. That bests the former mark of $37.8 million too from previous month.
October has become the new gold standard.
Looking at the breakdown by operator, FanDuel Sportsbook dominated the area.
Meadowlands Racetrack, its land-based partner, reported gambling revenue of $24.8 million ( PointsBet NJ accounts for a tiny portion of that number).
And of the total, $20.7 million was from mobile.
In terms of the next closest NJ sports betting competition, Resorts Digital ended a very distant second with $10.5 million.
DraftKings Sportsbook is responsible for the bulk of it, however Resorts Sportsbook and Fox Bet collapse under Exactly the Same umbrella.
In terms of how the rest of the discipline failed, here is a breakdown:
Hard Rock Atlantic City is currently enjoying a progress. This time this past year, the permit holder has been sitting betting sidelines.
This soccer season, Unibet NJ and also Bet365 NJ started their various programs under the Hard Rock license. Both new improvements along with Hard Rock stage is beginning to look like a trifecta.
The land reported 1.9 million in sport betting revenue, with the majority ( $1.8 million ) coming through mobile programs.
Part of this might need to do with a enormous wager that Unibet approved from a JimMattress Mack McIngvale. According to Legal Sports Report, the total amounted to $1.25 million. Macks stakes on his hometown Houston Astros to win the World Series did not win of course.
But that performance is good among AC possessions. Ocean Casino Resort and its venture with William Hill NJ claimed the No. 2 place using $2.3 million.
So there are winners across the board.
Plus it appears crossing the $4 billion mark in total stakes this year isnt out of the question.
Bill Gelman is a sports writer based just and not much in the Jersey Shore. Bill spends some time in Atlantic City composing at Boardwalk Hall concerning casino openings and expansions, unique events and world championship boxing. Hes now incorporating NJ sports betting and online gambling.
NJ gaming for October in a nutshell: Casino Win: $202.3M (+0.8percent ) Online Casino/Poker Win: $45.2M (+69%, a new album ) Sports Betting Handle: $488M (a new document ) Sports Betting Win: $46.4M There are not any words.

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