![]() In fact, they made the second-highest amount ever in New Jersey, just a bit less than the record in November 2021. Although New Jersey sportsbooks kept just 8.5% of the money bet– they still made a lot. While sportsbooks didn’t win as much of the money bet this fall – the first time they won less than 10% since April. The only other time they wagered more was in November 2021, with a total of slightly over $1.3 billion. New Jersey bettors placed their highest wagers since the record-setting $1.35 billion in January 2022. This stands as the third-largest monthly total in the state’s history and marks the third consecutive month of year-over-year handle increases. That’s the most ever in a single month.Īccording to the latest report from state regulators, the combined handle for September, which includes in-person betting, reached $1.3 billion. Thanks, in large part, to the start of the NFL and college football seasons, NJ sports betting apps recorded an all-time high with $1.255 billion in bets in September. Garden State’s Sports Betting Comebackīut like Willis Reed limping out of the tunnel to inspire the Knicks to a game 7 win, the Garden State bounced back in a big way. This decline was influenced by the emerging New York market, which impacted its business. For 12 consecutive months starting in May 2022, New Jersey sports betting experienced a year-over-year decrease in handle. ![]()
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