Sports Betting Revenue Continues to Climb in New Jersey

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Gamblers helped bring in more than $95 million in sports bets in New Jersey back in August, which is double of what was made just a month prior.

Figures released on Wednesday, September 12th, by the New Jersey Division of Gaming Enforcement show casinos and racetracks took in $95.6 million in bets on sporting events, up from $40.6 million in July.

The surge comes as more companies race to join the growing sports betting market, which became possible when New Jersey won a United States Supreme Court case in May clearing the way for all 50 states to offer sports betting should they so choose.

The numbers helped boost Atlantic City's casino revenue to nearly $304 million, an increase of more than 24 percent from a year ago.


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