Total gambling revenue for the month amounted to $323.3m, showing an increase from September 2019 and almost on par with August this year.
September marked the second full month of activity for casinos post their Covid-19 shut-down. However, they still remain limited to 25% capacity.
The return of major sports events had a significant impact on New Jersey’s market, with sports betting revenue seeing a 19.0% YoY increase to $45.1m. This total was also 14.2% higher than in August.
September witnessed the start of the 2020 season for the National Football League, the conclusion of the 2019-20 National Hockey League, and both the National Basketball Association and Major League Baseball seasons. This boosted the sports betting handle, resulting in players staking $748.6m last month, which is 68% more than in September last year and 12.1% more than in August.
Online platforms remained the preferred choice, accounting for $678.7m in sports bets, while retail accounted for $69.8m.
For more details, read the full story on InnovateChange North America.
