New Jersey sets $1.0bn sports betting handle record in September
| By Robert Fletcher
New Jersey smashed its sports betting handle record in September as consumers wagered more than $1.0bn, while the US state also saw its total gambling revenue for the month jump 40.3% year-on-year.
Overall gambling revenue in September amounted to $453.6m, up from $323.3m in the corresponding month last year and 6.1% higher than $427.7m in August this year.
New Jersey’s sports betting market experienced the most significant year-on-year growth in September, with revenue here up 82.9% to $82.4m.
Consumers wagered a total of $1.01bn on sports in December, a new monthly-high for the state, surpassed the previous record of $966.3m set in December 2020. A total of $918.4m was spent with online sportsbook, while the remaining $92.7m was wagered at retail sites.