September 20, 2022

New Jersey Gambling Revenue Up 10%

New Jersey just released their monthly revenue report and numbers are up. For the month of August combined gambling revenue totaled $470.1 million, a 10.1% jump from the prior year at $427.7 million. Borgata and the Hard Rock were the two biggest influences pulling in $120.7 million and $54 million respectfully, up 29% and 2.8% year-on-year.
September 15, 2022

Study Finds 1 In 5 U.S. Adults Placed Bets In Past Year

In a new report from the Pew Research Center, their findings show that nearly one in five U.S. adults had placed a sports bet in the past year, 19%. They found the most common forms of betting came from friends and family, e.g., fantasy sports leagues and private betting pools, 15%. Around 8% placed bets at casinos, racetracks, and kiosks and 6% placed bets online. With the NFL season starting, the American Gambling Association reported that 46.6 million U.S. citizens stated they would place a bet on the current season, up 3% from last year.
September 14, 2022

New York Reaches $10B In Online Wagering

Since the initial launch on January 1st, New York has been raking it in. With the start of the NFL season New York has pushed their total online wagers to over $10 billion, nearly $800 million in revenue and as the season has only just begun these numbers should look to surge. Football is the number one watched and bet on sport in the country and New York hasn’t seen a season yet so we will have to see, but the future is looking bright.