by Christina Monroe | Apr 25, 2021 7:30 am | Sports Betting
BetMGM announced on Thursday that they paid $10,500 for a typo on a prop bet listed during the NFL’s AFC Divisional playoff game in January. Errors to betting lines for mobile sports betting platforms must be paid out to any gambler that placed money on the wager. On...
by Giovanni Shorter | Apr 8, 2021 10:58 am | Regulatory
DraftKings has been hit with a $10,000 fine by the New Jersey Division of Gaming Enforcement (DGE). This stems from a self-exclusion violation. DraftKings allegedly sent promotional mailings to 11 self-excluded patrons which is against the New Jersey sports betting...
by Giovanni Shorter | Feb 18, 2021 12:07 pm | Revenue
NJ sports betting fans wagered $958.7 million in January. The Garden State collected $82.6 million in revenue. Most wagers were made on basketball. TRENTON, N.J. – New Jersey continues to see major action in its legal sports betting market, collecting a...
by Adia Randall | Sep 15, 2020 10:17 am | Revenue
New Jersey set the national record of the largest betting handle by sports gamblers in a single month in August with $668 million spent. The record was set in a month with a return of major sports to bet on including the MLB and playoffs for NBA and NHL. Even with the...
by Christina Monroe | Feb 20, 2020 12:27 pm | Regulatory
Esports has grown into a billion-dollar market and New Jersey would like to get some skin in the game with the introduction of bill NJ A637. NJ A637 would allow sports bettors in New Jersey to gamble on any esports tournament where the majority of players competing...
