New Jersey sports betting revenue rises again in August

13 September 2019

Sports betting revenue in New Jersey was up 174.0% year-on-year in August, while the US state also saw revenue increases within its online gambling and land-based casino markets.

Revenue from regulated sports wagering in New Jersey amounted to $25.2m last month, up from $9.2m in August 2018 and also an improvement on $17.9m in July of this year.

Sports betting handle for the month stood at $293.6m, with $249.2m of this total generated through online sportsbooks. The remaining $44.4m came courtesy of land-based operations in the state.

Meadowlands Racetrack and Flutter Entertainment’s FanDuel remain some way out in front in the New Jersey market, posting revenue of $11.9m for August.

Resorts Digital and partner DraftKings followed in a distant second with $6.7m in sports betting revenue, while Monmouth Park and William Hill ranked third on $2.1m.

Read the full story on iGB North America.