Football produced $16.8 million of the total revenue.īaseball, in its final full month, gave operators a 9% win rate and $11.8 million of revenue.ĭespite the NBA starting its regular season late in October, basketball still took in over $88 million in wagers. The sport brought in a state-record $517 million. It was a really solid football month of action for New Jersey sports betting. Meanwhile, online casino gaming produced a state-record $166.8 million in revenue. Online sports betting brought in $1.2 billion of the overall handle and $88 million of the revenue while retail sportsbooks accounted for $56.3 million in wagers and $4.3 million in profits. The Garden State hauled in $11.8 million in taxes from sportsbooks. The 7.1% hold dropped nearly a point and a half from September, which also featured a slightly higher handle. The collision of MLB, NBA, NFL, college football, and NHL produced the fourth-highest handle in New Jersey sports betting history. Profits fell 17% month-over-month, but they rose 18.4% year-over-year and crossed $800 million year-to-date. The New Jersey Division of Gaming Enforcement announced $92.3 million in revenue for October off a $1.3 billion handle. The Garden State couldn’t keep up the pace set in September with October’s legal sports betting numbers, but operators still produced big profits.
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