Thanks to New Jersey Sportsbooks having three of their top five highest grossing revenue months of all time, Sports Gambling set a new 12 month revenue record
In spite of the legalization of Sports Gambling in neighboring states, New Jersey still is among the leaders in Sports Betting revenue in the United States
When New Jersey first legalized Sports Gambling back in 2018 one of the first casinos in Atlantic City to open a full-service sportsbook was Ocean Resort Casino
One asked whether New Jerseyans should be able to bet on sporting events involving New Jersey college teams and any college sporting events occurring in the state.
"After a slow start, Pennsylvania casinos are poised to challenge New Jersey's current East Coast internet betting hegemony, if not this year certainly by 2022," industry analyst Anthony Marino told New Jersey 101.5.
Laws and rules prohibiting sports betting at New Jersey's casinos and racetracks would be partially repealed under a bill approved Oct. 14 by the state Senate. The full Assembly is scheduled to vote on it Thursday.
The NFL season is in full swing and the World Series is right around the corner, but New Jerseyans who want to place sports bets still can't do it legally in the Garden State. The state is waging a battle in the courts seeking to legalize sports betting in Atlantic City's casinos and at racetracks. A decision is expected soon.