- New Jersey posted a betting handle of $748M for the month of September 2020.
- $678M of the total bets were made via online sports betting facilities.
- September saw the NFL, NBA, NHL, and MLB go full swing with their respective schedules.
New Jersey sports betting continued to roll in September as it broke a monthly betting record which it set only a month ago.
Last September, the Garden state announced a sports wagering total of $668M for the the month of August. The figure shattered the national standard of $614M which was set by Nevada in November 2019. That too, was one month ago.
On Wednesday, the New Jersey Division of Gaming and Enforcement reported that the state had a total betting handle of $748M for the month of September 2020, easily breaking last month’s record by 12.1%.
New Jersey shatters its own sports betting record: $748 million bet in September.
— AP Sports (@AP_Sports) October 16, 2020
Bulk Coming From Online Betting
According to the report from the Office of the Attorney General, online sports betting accounted for the bulk of New Jersey’s September 2020 gambling handle. Records showed that the online handle for New Jersey totaled $678M for the month of September or 90% of the total total bets made in the state. That total is also a new record for monthly mobile sports betting handle, both statewide and nationally.
Year-to-date, New Jersey sports betting has produced a total of $3.2 B in sports bets alone. That amount surpasses what Atlantic City used to make in an entire calendar year from casino operations during the time when sports betting was not yet legalized. The $748M September total includes the total amount of sports bets taken by Atlantic City’s nine casinos and three race tracks.
A Unique Time
New Jersey’s sports betting record came at a unique time in professional sports when all four major professional sports leagues in the United States played at the same time. Because of the COVID-19 pandemic, sports was halted last March and games only began to return in May. MLB reopened its season on July 23 while the NBA resumed its campaign on July 31. The NHL returned to the ice on August 1st and the NFL began its delayed year last September 10th. With the four leagues in full swing last month, betting action was at an all-time high.
Legal sports betting in the United States has come a long way since New Jersey took the 1992 Professional and Amateur Sports Protection Act in 2017. In May 2018, the U.S. Supreme Court repealed the PASPA and allowed the 50 states to offer legal sports betting should they so choose. New Jersey was the third state, after Delaware and Nevada, to legalize sports betting in their jurisdiction. Nevada had been the front-runner in terms of betting handle but in the last couple of month, New Jersey has challenged the Silver State.