NJ Sports Betting Records Keep Falling To The Tune Of Half A Billion In October Bets
New Jersey is once more reaping the benefits of a period of sports.
Today the New Jersey Division of Gaming Enforcement released October numbers, and it is the second straight month.
The Garden State took in $488 million from bettors. That tops the previous one time mark in September of 445.6 million.
Along with the other eight weeks of 2019, the year-to-date handle is now at an eye-opening $3.5 billion.
To top it off, sports betting revenue came in at $46.4 million. This bests the former mark of $37.8 million additionally from last month.
In other words, October has become the gold standard.
FanDuel Sportsbook once again dominated the field.
Meadowlands Racetrack, it is land-based spouse, reported gambling earnings of $24.8 million ( PointsBet NJ accounts for a small part of that amount ).
And of the total, $20.7 million has been from mobile.
In terms of the next nearest NJ sports betting competition, Resorts Digital ended a very distant second with $10.5 million.
DraftKings Sportsbook is responsible for its majority, however, Resorts Sportsbook and Fox Bet collapse under the same umbrella.
In terms of the rest of the field failed, here is a breakdown:
Hard Rock Atlantic City is loving with a night-and-day progress. This time this past year, the license holder was sitting to the NJ sports gambling sidelines.
Before this soccer season, Unibet NJ and Bet365 NJ established their apps. Both new additions combined with Hard Rock stage is beginning to seem like a winning trifecta.
The land reported $1.9 million in sports gambling revenue, together with nearly all ( $1.8 million ) coming through mobile programs.
Part of this might need to do with a huge bet that Unibet accepted from a single Jim”Mattress Mack” McIngvale. According to Legal Sports Report, the total amounted to $1.25 million. The stakes on his own hometown Houston Astros to win the World Series of mack did not win of course.
That performance is good among AC properties. Ocean Casino Resort and its partnership with William Hill NJ claimed the No. 2 position using $2.3 million.
Therefore there are winners throughout the board.
And it appears this year, crossing the $ 4 billion mark in total stakes is not out of the question.
Bill Gelman is a sports writer located just outside of Philadelphia and not far away from the Jersey Shore. Bill spends time at Atlantic City writing about casino openings and expansions, special events and world championship boxing in Boardwalk Hall. He’s now adding NJ sports gambling and online gaming to the mix.
NJ gaming for October in a nutshell: Casino Win: $202.3M (+0.8%) Online Casino/Poker Win: $45.2M (+69%, a new record) Sports Betting Manage: $488M (a new record) Sports Betting Win: $46.4M There are no words.