New Jersey sports betting continues to grow at an amazing pace. In fact, the state managed to bring in $664 million in revenue for the month of August. And even more growth is expected this fall with the start of the National Football League season. The American football season is just getting started, with a record breaking number of individuals placing legal bets all across the country. Our friends at PlayNJ estimate this surge could push New Jersey sports betting to be the first to cross the $1 billion in a single month threshold. Although betting on sports was down…

As the economic free fall continues for the gambling industry amidst the Coronavirus pandemic, New Jersey sports betting has finally overtaken Nevada as leader of the American market. New Jersey’s total handle was over $6 billion last year, while Nevada sports gambling took in only $4.3 billion in 2020. Nevada regulators cited the coronavirus pandemic for the falling revenue. The first legal bet in New Jersey was placed in June of 2018. “The reason for the decrease to this calendar year was the result of the suspension of gaming operations from March 18 through June 4 due to COVID-19,” the…

New Jersey sports betting has surpassed Nevada for the first time, as more money was bet there than the sports books in Las Vegas. New Jersey took in over $318 million in action, narrowly passing the books in Nevada at $317 million. Earlier, there was potential that the celebration in the Garden State would be short-lived, with Trenton lawmakers and Gov. Phil Murphy at the brink of a government shutdown that would have impacted racetracks, sportsbooks and casinos. But Murphy later in the day said he would avoid a shutdown and sign a budget by the Sunday deadline. Sports betting was…

A year ago, the New Jersey sports betting fight was handed a victory by the Supreme Court, with the justices deeming the Professional and Amateur Sports Protection Act (PASPA) unconstitutional. Since then, New Jersey and six other states have provided citizens with what they said they wanted in 2011 when voters approved a sports betting referendum. In the first three months of 2019, more than $1 billion has been legally wagered across the state. In March alone, New Jersey’s sports betting handle made up a third of the total amount bet legally on sports across all states with legal markets….

Don’t look now, but here comes even more sports betting at the Hard Rock Atlantic City! The casino received permission from the New Jersey Division of Gaming Enforcement to begin so-called “soft-play” testing of equipment and systems for online sports betting, and did so last week. It is likely to be the last Atlantic City casino to join the sports book race. Hard Rock will be the eighth of the city’s nine casinos to offer sports betting. Caesars does not have it, but its customers are served by the sports book at its neighboring sister property, Bally’s. For more information…

New Jersey Sports Bettors were busy last month, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal. Those figures were part of a report that showed that Hard Rock debuted as Atlantic City’s No. 3 casino in terms of gambling revenue out of the nine casinos in town. Ocean Resort came in last in its first full month of operation. New Jersey won a U.S. Supreme Court case in May clearing the way for all 50 states to offer sports betting if they choose. Since betting began in…