New Jersey Sportsbooks Generate $184 Million Handle in September

Credit:

Mandatory Credit: Suchat Pederson/The News Journal via USA TODAY NETWORK. Pictured: Jerry Petti of Pike Creek shows his ticket after making a bet at the Casino at Delaware Park in Stanton, Del. At 1:30 p.m. today Tuesday, June 5, 2018, Delaware launches the country’s first full-scale sports betting operation outside of Nevada as people roll into the Casino at Delaware Park in Stanton, Del. to wager their bets

Oct 12, 2018, 03:27 PM EDT
  • New Jersey sportsbooks' earnings from September have been released.
  • They took in $184 million in total wagers -- more than doubling August's handle -- and kept $24 million in revenue.

According to Legal Sports Report, New Jersey sportsbooks more than doubled their handle from August to September.

With the start of football season, as well as the increasing ease of betting through online sportsbooks and mobile apps — which accounted for more than half of the total handle — $184 million in total wagers came in during the month of September.

August’s handle was only $95 million.

The revenue wasn’t too shabby either as sportsbooks collected $24 million over the course of the month.

Taking in the most of that $24 million was Resorts Casino, home to DraftKings Sportsbook, which generated $8.5 million in revenue alone.

As sports betting interest increases and more casinos begin accepting legal sports wagers, it shouldn’t come as a surprise to see New Jersey’s monthly handle continue to rise through the football months.

It’ll be interesting to monitor how other states react to New Jersey’s sports-betting numbers. The sports-betting pie is certainly large, and you can be sure more states want their slices as well.

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