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New Jersey betting operators generates $3,5 Million in first month of operation

A month after the legalization of bookmakers in New Jersey, operators received $ 3.5 million in profits.

Monmouth Park led the way with $2.3 million in gross revenue, generating $142,448 per day. Meanwhile, New Jersey’s legal online gambling industry generated $22.7 million in gross revenue in June, the 44th consecutive month that gross revenue has increased year-over-year.

“It’s exciting to see the first sports betting numbers out of New Jersey, but we have to remember it’s still limited in where and how it is offered. The numbers will increase exponentially as more sportsbooks open, and as online betting kicks off. The initial numbers show bettors are turning up in droves to try out legal sports betting. This also means that sports betting is motivating people to visit the state’s tracks and casinos — a boon for their businesses”, – said Dustin Gouker, lead sports betting analyst for PlayNJ.com.

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