Record-breaker New Jersey tops 1bn in sports betting handle for September

New Jersey has become the first US state to generate more than $1bn in sports betting for September

New Jersey has turn the 1st US say to bring forth to a greater extent than $1bn in sports betting for September.

According to PlayNJ (which tracks gaming developments in the state), New island of Jersey also place a new high-pitched for online casino revenue, taking the state’s add gaming revenue to $453.6m.

Eris Ramsey, Analyst for PlayUSA, explained: “The state’s gaming industry has seemingly run out of shipway to surprise, but sportsbooks reaching $1bn inward the monthly palm is a reminder that there is no gaming market inward the US that is playing on New Jersey’s level. The relentless growth inwards online sports betting and cassino gaming continues to lift the intact industry.”

Official information reported New Jersey’s online and retail sportsbooks attracted $1.01bn for September, breaking the res publica and US register of $996.3m that New Jersey had mark inwards December 2020. September’s intensity was upwards 35% from the $748.6m generated for Sept 2020 and upwards 52% from $664.7m for August 2021.

Online sportsbooks generated almost 91% of the state’s hold with $918.4m inwards wagers and FanDuel led the online marketplace with $36.6m inward receipts revenue, upwardly from $23.6m for August. DraftKings came in s with $13.2m, BetMGM followed with $10.8m, Barstool generated $4.1m, Caesars $3m, SugarHouse $1.8m and Unibet generated $1.6m.

Retail sportsbooks attracted a put down $92.7m for September, upwardly from $51.8m inwards bets for August and FanDuel henpecked the retail securities industry as considerably with $4.7m inwards revenue.

Ramsey concluded: “As impressive as Sep was, New Jersey’s sports betting marketplace hasn’t yet reached its ceiling. The NBA and college basketball game seasons could really send out wagering into another stratosphere inwards the coming months.”