New Jersey Has Taken $1.24 Billion in Sports Bets Since June

New Jersey Has Taken $1.24 Billion in Sports Bets Since June article feature image

Inside the Fanduel Sportsbook. Courtesy of Matthew Foley

  • New Jersey released its December 2018 sports betting figures on Monday. The state took $319 million in wagers, down slightly from $330.7 million in November.
  • This brings the total amount wagered to nearly $1.25 billion since betting became legal back in June.

A total of $1.24 billion was bet in the first six-and-a-half months of legal sports gambling in New Jersey, as the December handle was published Monday by the state’s Division of Gaming Enforcement.

December’s total ($319 million) was down slightly from what New Jersey saw in November ($330.7 million).

In December, 75 percent of the money wagered in the state was done so on an app or a website. That number was 62 percent since New Jersey took its first bet on June 14.

DraftKings, the mobile market leader in the state, and FanDuel, whose brick-and-mortar sportsbook at the Meadowlands is the physical market leader, each topped $30 million in revenue in December.

DraftKings was the first to offer mobile in the state beginning Aug. 1. FanDuel opened up the Meadowlands on Sept. 1.