New Jersey Online Gambling Figures Continue to Amaze
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New Jersey's gambling numbers reached extraordinary heights in October.
New Jersey produced its third monthly sports betting handle of over $1bn this year. Online casinos set a state record for revenue generated in a month with $147.2m.
The October sports betting numbers were boosted by the Philadelphia Phillies' appearance in the World Series and the Eagles' undefeated start to the season. The Meadowlands Racetrack provided a majority of the revenue with over $45.4m, while nine licensed Atlantic City sportsbooks generated a combined $29m. New Jersey's year-to-date sports gambling revenue is at nearly $600m and FanDuel sportsbook dominates the market.
New Jersey's online casinos have surpassed $5 billion in revenue in the last nine years. October saw the second time that New Jersey online casino produced at least $140 million in a single month. Borgata Hotel Casino & Spa, owned and operated by MGM, was the big winner of the month, claiming $40.9 million.
