New Jersey

New Jersey Sports Bets Set Record

The numbers from March are in, and New Jersey sports bets have broke the $1 billion mark. That’s the sixth consecutive month that the state has been able to break the billion dollar mark. Casinos in the state handled $1.12 billion in bets, driven mostly by the NCAA March Madness basketball tournament, according to the state Division of Gaming Enforcement. Ironically, bettors in New Jersey could not place money on St. Peter’s of Jersey City, as their is a prohibition of betting on in-state collegiate programs. St. Peter’s became the first 15 seed to advance to the Elite Eight when…

New Jersey

Over $6 Billion was Dropped on New Jersey Sports Bets

2020 may not have been the best for many people. But for New Jersey sports bets it was a record year! The state took in nearly $1 billion worth of wagers just in the month of December, capping off a record year which saw over $6 billion worth of total bets being placed. Figures released Wednesday by the Division of Gaming Enforcement show the state’s nine casinos and three horse tracks that accept sports wagers took in over $996 million worth of such wagers in December, the latest in a string of monthly records for the activity. New Jersey has…