Record-setting October: $803 Million Bet on Sports in New Jersey

Just how successful is sports betting in New Jersey? A record-setting $803 million in bets were placed in October.

And that follows $748 million in sports wagering back in September. That, too, was a record.

In August, $668 million.

In a report released Friday by the New Jersey Division of Gaming Enforcement, just over $59 million in bets were placed in-person at sports books compared to $744 million on-line last month.

In the first nine months of 2020, Atlantic City’s casinos and the three race tracks where sports bets can be placed have taken in over $4 billion. That puts New Jersey on-pace to break Nevada’s single-year record of $5.3 billion, according to The Press of Atlantic City.

As for traditional gambling, total gaming revenue was just over $304.1 million in October. On the digital side, internet gaming revenue hit $93.4 million.

Both internet gaming and sports betting have been able to prop-up the overall, COVID-impacted casino industry in Atlantic City, which has seen an eight percent decrease in brick-and-mortar win when you compare this October to October, 2019.

Casino Control Commission Chairman James Plousis told The Press of Atlantic City in a statement on Friday, “During this time, Atlantic City continues to show resilience in the face of necessary and ongoing restrictions on capacity, amenities and entertainment.”

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