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$1.3 Billion Bet With New Jersey Sportsbooks in October

Written by:

Gilbert Horowitz

Published on:

Nov/17/2021

$1.3 Billion Bet With New Jersey Sportsbooks in October

$1.3 billion was bet with New Jersey sportsbooks in October. The state broke its own previous monthly record of $1.01 billion.

The books won a net $84.2 million during the month, according to the New Jersey Division of Gaming Enforcement.

Nearly $1.2 billion of the $1.3 billion New Jersey outlets handled in October was wagered online.

Over the first 10 months of this year, New Jersey has taken in nearly $8.5 billion worth of sports bets."

"Sports betting has swelled with the start of the NFL season, and realized another month of over $1 billion in handle," said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry. “October 2021’s record sports wagering handle proves that September was not a flash in the pan, but rather the first sign of a new level of sports betting participation, at least during the NFL season.”

- Gilbert Horowitz, Gambling911.com

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