New Jersey Sports Betting Passes Nevada

New Jersey sports betting has surpassed Nevada for the first time, as more money was bet there than the sports books in Las Vegas. New Jersey took in over $318 million in action, narrowly passing the books in Nevada at $317 million.

Earlier, there was potential that the celebration in the Garden State would be short-lived, with Trenton lawmakers and Gov. Phil Murphy at the brink of a government shutdown that would have impacted racetracks, sportsbooks and casinos. But Murphy later in the day said he would avoid a shutdown and sign a budget by the Sunday deadline.

Sports betting was launched in New Jersey just over a year ago, shortly after the Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992, which restricted the action to Nevada and three other states. New Jersey is one of seven new states in the bookmaking business and roughly a dozen more states will follow.

You can read more about the success of New Jersey sports betting at APP