It was a record breaking month in the Garden State, as it’s sports betting industry took in more than one billion dollars worth of bets.
According to figures released Monday by the NJ Division of Gaming Enforcement, New Jersey casinos and racetracks took in a cumulative
$1.01 billion dollars worth of sports bets in September, making it the first state in the country to do so.
NJ is no stranger to setting high numbers in this area, having been one of the earliest states to embrace sports betting back in 2018. In fact,
the last national monthly record belonged to NJ as well, with $996 million in sports betting wagered during the month of December 2020.
Since then, in 2021 alone, the state’s sportsbooks have amassed over $7 billion worth of bets.
Experts believe the secret to NJ’s sports betting success was getting in early, and ensuring the accessibility of sports betting by actively embracing mobile betting technology.
In total, NJ’s casino revenue has seen a boost of over 30% compared to last years numbers, with internet gambling up nearly 40%. As any seasoned bettor knows, it’s all about the numbers, and if these are any indication, NJ isn’t done breaking records yet.