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    N.J.’s Betting Boom

    By
    Nov 15, 2020 | 07:04 pm
    UPDATED Nov 15, 2020 | 07:40 pm
    Giants
    Danielle Parhizkaran-NorthJersey.com via Imagn

    New Jersey had a third straight record month in October with $803.1 million bet on sports, up 64.6% compared to last year. It’s the first time a state has handled more than $800 million in a single month.

    Unlike the state’s August and September records — $668 million and $748.6 million, respectively — October was set with a sports schedule somewhat resembling a normal year. Online betting accounted for 92.6% of the bets.

    Operators generated approximately $58.5 million in revenue, while the state collected $7.4 million.

    Reported October Betting Figures: 

    Indiana: $230.9 million

    Iowa: $81.9 million

    Michigan: $46.1 million

    West Virginia: $44.6 million

    Washington, D.C.: $4.2 million

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