Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet on it … Read more
New Jersey sports betting has been dominated by the online presence of The Meadowlands and Resorts Casino. NFL bettors helped the state break new records for a monthly betting handle, revenue total, and tax contributions. Harrah’s AC still sits without any online betting platform – … Read more
New Jersey posted their lowest handle since September 2018, just eclipsing the $250 million mark. The Meadowlands was responsible for $9.1 million of the collective $17.88 million in sportsbook revenue for the state during July. July’s sports betting revenue in New Jersey helped send $2.15 … Read more
New Jersey had the second-highest handle for all legal sports betting states last year. From football betting alone, New Jersey sportsbooks took in $614 million. The University of Georgia is the biggest college football liability for FanDuel Sportsbook. EAST RUTHERFORD, N.J. – Football season is … Read more
FanDuel Sportsbook is available in every state that has legalized sports betting and uses external operators. FanDuel can be located online in New Jersey, West Virginia, and Pennsylvania, while New York and Mississippi remain retail only. With the recent addition of mobile betting in Pennsylvania, … Read more
The FanDuel Sportsbook at Tioga Downs is slated to launch Friday afternoon. FanDuel is hoping to replicate the success of its New Jersey Meadowlands sportsbook in New York. With no online component, FanDuel has gone all-in on its Tioga Downs sports betting lounge. NEW YORK … Read more
Sportsbooks in New Jersey have kept over $200 million in revenue since their June 2018 launch (before tax contributions). June’s report saw the state post their lowest handle and revenue since October 2018 and August 2018, respectively. The Meadowlands continues its surge as the top … Read more
Gov. Phil Murphy signed off on NJ’s $38.7 billion budget Sunday. A government shutdown would have closed state racetracks, casinos, and sportsbooks. TRENTON, N.J. – New Jersey’s shiny new budget came down to the wire this weekend. With a deadline of June 30, Gov. Phil … Read more
The looming New Jersey shutdown would cause all operations to cease at state racetracks. The Meadowlands and Monmouth Park would close their physical and online sportsbooks immediately. NJ lawmakers have until Sunday, June 30, to agree on the new budget. TRENTON, N.J. – New Jersey … Read more
New Jersey successfully challenged PASPA, fighting for states’ rights in regards to legal sports betting, on May 14, 2018. The legal bet in New Jersey was made on June 14, 2018, by Governor Phil Murphy at Monmouth Park. New Jersey has collected more tax revenue … Read more
Resorts Casino has now contributed over $7.5 million to the state in tax revenue. Total revenue collected by every sportsbook is $68,160 short of eclipsing $100 million year-to-date. The Meadowlands has received over $50 million in revenue ($53.4 million) – almost double the next book … Read more