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NJ sets U.S. sports bet record for 3rd month at $803M

New Jersey Gambling Revenue
Posted at 3:07 PM, Nov 13, 2020
and last updated 2020-11-13 15:07:11-05

ATLANTIC CITY, N.J. — New Jersey’s red-hot sports betting market set the national record for the highest amount wagered on sports for the third month in a row in October with over $803 million plunked down by gamblers.

Figures released Friday show that the total broke the state’s previous monthly records of $667.9 million in August and $748.5 million in September.

The previous national monthly record for the total amount bet, or “handle,” was $614 million, set in Nevada in Nov. 2019.

Total gambling revenue at the casinos and tracks was up 15% in October to $338 million.