Over $6 Billion was Dropped on New Jersey Sports Bets

Industry

2020 may not have been the best for many people. But for New Jersey sports bets it was a record year! The state took in nearly $1 billion worth of wagers just in the month of December, capping off a record year which saw over $6 billion worth of total bets being placed.

Figures released Wednesday by the Division of Gaming Enforcement show the state’s nine casinos and three horse tracks that accept sports wagers took in over $996 million worth of such wagers in December, the latest in a string of monthly records for the activity.

New Jersey has led the nation for months in the amount of money wagered on sports within its borders. New Jersey’s casinos and horse tracks kept just under $400 million in sports betting revenue last year, an increase of over 33% from a year earlier.

Read more about New Jersey sports bets at Times News Online.

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