Online Accounts For More Than 82 Percent Of NJ’s Sports Betting Handle In May


On Wednesday afternoon, the New Jersey Division of Gaming Enforcement released casino industry figures from May, including totals for sports betting. According to the figures, the Garden State’s retail and online/mobile sportsbooks collected $318.9 mm in wagers, winning $15.5 mm off of gamblers.

The amount of the handle that came over the internet was $263.5 mm, or 82.6% of the total. That’s the highest it has ever been in the state’s roughly one-year-old sports betting market. Online/mobile accounted for 81% in April. There’s been incremental growth in the online share of the handle.

In 2018, online sports handle accounted for 62.6% of industry handle. It’s possible that online/mobile will eventually account for 90% of the total handle.

Leaders of the pack

Two of New Jersey’s legal and regulated sportsbooks captured most of the revenue. The Meadowlands (main partner: FanDuel) had $8.6 mm in May, while Resorts Digital (DraftKings) had $4.1 mm in May win. Monmouth Park (William Hill) was third with $1.35 mm.

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So far in 2019, the books have won a combined $99.93 mm from sports bettors. The books won $94.02 mm from bettors in the second half of 2018.

The books have taken $1.7 billion in bets so far this year. Here’s a look at the monthly handles since the state kicked off sports betting in June 2018. It’s been a great first year for the market.

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Brian Pempus

Brian served as a senior reporter and online content manager for Card Player Magazine for nearly a decade before joining USBets in October 2018. He is currently focused on legal and regulated sports betting and online gaming. He's an avid jiu-jitsu practitioner in his free time.

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