Sports wagering officially launched in New Jersey in June, and according to legalsportsreport.com, the first 17 days of operation saw $16.4 million wagered across the state. Sports books reported $3.5 million in revenue for the same period.
Monmouth Park led the way in sports wagering revenue with $2.2 million reported, doubling that of either of the other two operators in the state. Major League Baseball brought in the most handle, accounting for over $10 million of the total.
“While it's still early, we're obviously off to a great start,” said Joe Asher, CEO of William Hill US, which operates the sportsbook at Monmouth Park. “We always knew there was a big appetite for legal sports betting during the years of litigation, and now it is being proven. We are proud to be creating new jobs in New Jersey and bringing excitement to our customers. We can't wait until football season.”
Read more at legalsportsreport.com.
CORRECTION: The original version of this article misidentified the CEO of William Hill US. The correct name is Joe Asher.
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