New Jersey Keeps Control of Sports Betting Handle in Latest Update
(Photo by Ethan Miller/Getty Images. Pictured: Las Vegas Westgate SuperBook
Editor’s note: A previous version of this story was published using 2020 numbers for New Jersey. It has since been updated.
For the 14th consecutive month, New Jersey prevailed as the state with the most money placed on sports bets in February.
Hindered by the pandemic, lack of tourism and in-person mobile registration requirements, Nevada was No. 2 to New Jersey in every month of 2020. Sports handle was down 19 percent versus the year before in Las Vegas while New Jersey did $6.3 billion in handle on the year.
The last month the state led was December 2019 when Nevada had $571.1 million in sports bets to New Jersey’s $557.8 million.
One of the biggest differences in the states is how bets are placed. In Nevada, 43 percent of the money in February was bet in-person. Less than 12 percent of the money bet on sports in New Jersey came from in-person bets.