New Jersey Sports Bettors Drop $40 Million in July

New Jersey Sports Bettors were busy last month, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal.

Those figures were part of a report that showed that Hard Rock debuted as Atlantic City’s No. 3 casino in terms of gambling revenue out of the nine casinos in town. Ocean Resort came in last in its first full month of operation.

New Jersey won a U.S. Supreme Court case in May clearing the way for all 50 states to offer sports betting if they choose. Since betting began in New Jersey on June 14, New Jersey Sports Bettors  have wagered more than $57 million, and additional companies continue to join a rapidly expanding market.

July’s numbers were mainly posted by the Borgata and Ocean Resort casinos, and the Monmouth Park and Meadowlands racetracks. Bally’s casino began taking sports bets on July 30.

Since then, Harrah’s and Resorts have started taking sports bets as well, but their revenue will not be reported until mid-September.

And Wednesday morning, the Golden Nugget will begin taking in-person sports bets.

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