New Jersey Rakes In Record $748M From Sports Gambling In September

New Jersey rakes in record $748M from sports gambling in September. In September, the state reported a national betting record of $748 million. According to the Associated Press, the September mark smashed the previous $668 million record, which was set in August.

The monthly record for the United States was previously $614 million, which was set in Nov. 2019 in Nevada. New Jersey casinos and racetracks have accepted nearly $3.3 billion in sports bets up to this stage in 2020. Such estimates easily surpass what Atlantic City used to make of casino games in an entire year before legalising sports betting.

After paying off the winning wagers and expenses of the $748 million in September, New Jersey casinos kept $45 million of that amount. The state’s gambling industry in general is absolutely booming, as they won an estimated $323.2 million during the month of September — a 6.5 percent increase from last September.

[image: Rika Sato]

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