New Jersey is currently the largest market for regulated online gambling in the United States. We work with local law enforcement jurisdictions whenever we can to combat gambling machines. With time you will gain confidence in the system and manage the investment alone smoothly. Barring a change between now and then, New Jersey bettors will not be allowed to wager on those games. For example, Australian-based online gaming company PlayUp recently announced a partnership with the New Jersey Devils and even launched the PlayUp Sports Lounge within the Prudential Center, which was unveiled at the Devils home opener this year. New Jersey handled a total of $1.01 billion in sports betting in September, becoming the first state in the US to surpass the $1 billion mark and breaking the previous record it had set itself in December last year.
The failed passing of the amendment has implications on future sports betting in the state, particularly in 2025, when the Prudential Center is set to host NCAA Tournament games. The potential amendment was defeated when most voters prohibited wagering on college sports competitions held in New Jersey or involving a New Jersey-based college team. With online casino’s consistent revenue, and sports betting’s annual record-setting fall surge, online gaming remains strong in New Jersey. At press time, New York is on the verge of naming at least two operators to begin offering online sports betting, according to the New York Post. Despite the ban on in-state college betting and more states moving to legalize online gaming and betting, the industry forecasts it will remain strong in New Jersey, as the global industry is poised to continue exponential growth.
And it’s not just sports betting, as online casinos and poker rooms produced a record $122.6 million in gross gaming revenue in September as well. Of the $1.01 billion wagered in September, 90.8% came through online sportsbooks, with Meadowlands/FanDuel/PointsBet/SuperBook leading the online market with $36.6 million in gross revenue up from $23.6 million in August. Monaco adds that any future NCAA competition that takes place in the state will continue not to be able to be wagered on, even though New Jersey does allow people to wager on college athletic events held outside the Garden State. Since June of 2018, no state has had a higher handle amount of money wagered or more revenue from sports betting than New 샌즈카지노 도메인 Jersey, according to Legal Sports Report.