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New Jersey Sports Betting Breaks Record with $1.3 Billion Handle

New Jersey sports betting operators took in an astonishing, and record-breaking, $1.3 billion in wagers during the month of October. October's rush to the sportsbook was the second consecutive month that NJ bookmakers broke their own record, but it's possible that October, 2021 represented the crest of the state's sports betting wave. With $1.3 billion…

New Jersey sports betting success: $664 million in one month

Regulated sports betting is enjoying unfettered success in the state to which all sports betting fans in the United States owe a big thank you to - New Jersey. Every month, Garden State sportsbooks seem to be breaking revenue records and August 2021 proved to be no exception with operators reporting $664 million in business.…

New Jersey online casino hits revenue record for July 2021

The New Jersey online casino market reported record revenue of $118.7 million for the month of July, 2021. The Garden State's online gambling market is one of the United States' most active markets and is often a good predictor of what the future looks like for the rest of the county. In this case, it's…

PointsBet entering NJ online gambling market

Australian operator PointsBet is getting ready to enter the New Jersey online gambling market after getting the all-clear from the New Jersey Department of Gaming Enforcement. The sportsbook's move into the always booming NJ market is a potential goldmine that could also raise its profile on the national level. PointsBet's gaming platform will be operating…

New Jersey posts record gambling revenue for June 2021

New Jersey gambling revenue hit an all-time record with Garden State operators hauling in $392.8 million over the course of the month. It's a major achievement for the battered NJ gambling industry as it struggles to come out from under the dark cloud of the pandemic. The bright star of New Jersey's mega-month was the…

NJ April 2021 gambling revenue skyrockets

New Jersey gambling operators clocked saw their revenue for April 2021 skyrocket to a massive 326.4 percent increase over April 2020. It's an achievement that is pretty stunning, even when viewed in light of April 2020's dark days of pandemic-fueled fear and loathing. Once again, regulated sports betting led the charge for NJ operators with…

LeoVegas entering US market in NJ via Caesars

LeoVegas will be entering the lucrative New Jersey online casino market in Q1 2022 thanks to a deal with Caesars Entertainment. It's an arrangement that will significantly raise Leo Vegas' US profile, while giving Caesars a major boost in the growing US regulated online casino market. Under the terms of the deal, LeoVegas will bring…

Conscious Gaming launches Bettor Safe to combat illegal gambling

Conscious Gaming, an American non-profit, is launching a new campaign called Bettor Safe that's aimed at preventing Americans from dipping their fingers (and cash) into illegal gambling markets. It's a campaign that's really in line with the goals of regulated gaming and also speaks to the need to educate the average American gambler. At its…

New Jersey regulators warn sports betting ops slow withdrawals

There's a perception among some segments of the sports betting population that some online gambling operators take their sweet time when a customer is asking to withdraw his or her funds. Even worse, some critics of the online gambling business have alleged that some operators even encourage players to reverse withdrawals and put them back…