It’s Official! NJ Sportsbooks Surpass $1 Billion In Monthly Handle

New Jersey Sportsbook

New Jersey sportsbooks see $1.01 billion in total betting handle in September 2021. Sports betting revenue spiked 82.9% month-over-month for $82.4 million. Football bets accounted for more than $400 million of total bets. TRENTON, N.J. – Sportsbooks in New Jersey saw a massive 35.1% increase … Read more

New Jersey Sports Betting Handle Dips Slightly In July

New Jersey Revenue

New Jersey saw $578.7 million wagered on sports in July. This was a decrease of 25% month-over-month compared to June’s betting handle. This is the first time since July 2020 that sports betting handle fell under $600 million in the Garden State. TRENTON, N.J. – … Read more

2 Year Anniversary Of Sports Betting In New York Explored

New York Sports Betting

New York launched its first sportsbook in 2019. Mobile betting is finally on its way to launch in New York. New York could become one of the top sports betting markets. ALBANY, N.Y. – It has now been two years since the first wagers were … Read more

Caesars Joins Prophet For Sports Betting Exchange In NJ

Prophet Sports Betting Exchange Company

Caesars Entertainment has partnered with Prophet to bring a sports betting exchange to New Jersey. This is the second sports betting exchange in NJ from this multi-year market access agreement. HOBOKEN, N.J. – Sports betting fans in New Jersey are seeing a shift in the … Read more

Add Patent Infringement To The List Of What DraftKings Offers

DraftKings - Lawsuit

DraftKings is being sued on claims of patent infringement by Winview, a Toronto-based gaming company. The case will take place in New Jersey where the lawsuit was filed. Winview claims their geolocation and live-betting technologies were taken by DraftKings and they are seeking financial compensation … Read more

Mobile Betting In New York Delayed, Lawmakers Miss Deadline

Online Sports Betting

The New York State Gaming Commission missed the deadline to vote for mobile sports betting. Unless there is a special session, New York legislators will not be able to vote on expanding sports betting until 2022 at the earliest. Lawmakers couldn’t agree on making mobile … Read more

A New Age In Sports Betting Is Coming With Sporttrade This Summer

SportTrade

Sporttrade is a hybrid of the stock market and sports betting. The platform will allow users to buy and sell their stake in a team or player at any point during a sporting event rather than having to hang on to a bet like they … Read more

NJ Sportsbooks Clear $814 Million In Betting Handle In May

New Jersey Sportsbook

Sports betting in New Jersey saw a 9% increase month over month in May. Local sportsbooks saw $814.2 million in betting activity. NJ saw $52.9 million in sports betting revenue. TRENTON, N.J. – The New Jersey Division of Gaming has officially released the May sports … Read more