The New Jersey Division of Gaming Enforcement (DGE) has reported that in September $183.9m was wagered on sports.
The amount wagered in September is almost double the $95m wagered on sports in August.
David Rebuck, Director of the DGE said: “Driven by the explosive growth in sports wagering and continuing improvements in internet gaming and brick-and-mortar casino win results, the gaming industry produced another month of superb revenue increases. The revenue results point to a strong finish for New Jersey’s gaming industry in 2018.”
Breaking down the total betting handle, $79m in bets were placed at physical sportsbooks whereas $104.8m were placed online.
New Jersey sportsbooks reported a combined revenue of $24m from sports betting.
Physical sportsbooks generated $11.3m in revenue while online platforms generated $12.5m in revenue.
The DraftKings Sportsbook at Resorts in Atlantic City, generated $8.5m in revenue across online and physical operations, making this sportsbook the highest earner in the state.
The FanDuel Sportsbook at Meadowlands reported $7.2m in revenue across online and physical operations.
The state of New Jersey received $2.6m in tax revenue from sports betting alone.
The DGE also reported that football was one of the most popular sports to bet on with a handle of $90m for completed events.
The increase in the amount of money wagered on sports can be attributed to the start of the NFL season, which began in September.
