Betting is Back

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    • New Jersey’s June handle was triple April, when sports had come to a halt.

Today's Action

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Sports betting is showing signs of an uptick as live sports return. New Jersey’s sports betting handle jumped 40% in June compared to May. The state’s $165 million handle in June was also triple that of April’s $54.6 million, when sports across the globe had all but stopped.

Much of June’s handle came from the “other category,” which is effectively anything outside of MLB, NFL, NBA, and NHL and includes golf, NASCAR, and UFC. The return of those leagues will help New Jersey make up some of the ground it lost during the hiatus. The state’s handle is 22.4% off the $1.98 billion total it brought in through June last year.

Colorado also disclosed its May numbers – its first month of action. The state reported that it took in $25.6 million in bets in May, which opened with just table tennis and esports as sports to bet on. Table tennis made up $6.6 million of that handle, followed by martial arts with $1.7 million.