New Jersey Sports betting reaches over $3.2 Billion in 1 year

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ATLANTIC CITY, N.J. — New Jersey gamblers plunked down more than $3 billion on sports betting in the first full year it became legal, helping the state challenge Nevada for the nationwide lead in the fast-growing industry.

Figures released Friday by the state Division of Gaming Enforcement show the state’s casinos and racetracks handled $273 million worth of bets in June.

Since the state’s first bets were taken on June 14, 2018, New Jersey has seen $3.2 billion wagered.

In May, New Jersey edged ahead of Nevada in the amount of monthly sports bets placed with $318.9 million wagered, about $1.5 million more than Nevada.

Including casino gambling money, New Jersey’s casinos and two horse tracks that offer sports betting collectively won nearly $284 million in June, up 21.5% from a year ago.

Wayne Parry, The Associated Press