Sportsbooks New Jersey
- Fanduel Sportsbook New Jersey
- Sportsbook New Jersey Locations
- Caesars Sportsbook New Jersey
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- The NJ sportsbooks offer a large pool of sports types and cover a wealth of sporting events. All of which is happening under the keen eye of the New Jersey Division of Gaming Enforcement. Regulation is good for the bettors, and the government doesn’t mind the influx of additional tax money.
- The Sportsbook is the only New Jersey sports betting facility prohibited from offering odds on the Houston Rockets of the NBA. Golden Nugget’s owner Tilman Fertitta also owns the Rockets, which creates a potential conflict of interest for the property.
- Betstars is a new NJ licensed sportsbook that is very well set up, simple to.
- For 2019, the first full calendar year of legal sports wagering in New Jersey, a total of $4.55 billion was wagered at New Jersey sportsbooks over the past 12 months, with $3.8 billion wagered online.
A record $6.0 billion was bet with New Jersey sportsbooks in 2020, according to revenue numbers released Wednesday by the state's Division of Gaming Enforcement.
SugarHouse is one of the new NJ sportsbooks that really has the sports bets covered right on the landing page with all the daily events and live betting options. They are part of the SugarHouse land-based casino that is in Pennsylvania, so you can be sure they are legitimate.
The $6.0 billion is the most ever wagered in a year for a state with a regulated sports betting market, eclipsing the previous high of $5.3 billion that was bet with Nevada sportsbooks in 2019.
Fanduel Sportsbook New Jersey
Sportsbook New Jersey Locations
The amount wagered in 2020 with New Jersey books was up 33% year-over-year, despite the coronavirus pandemic that shut down casinos and caused essentially all major sports to suspend play last spring.
Bettors in New Jersey not only staked more, but they also lost more -- $393.2 million -- than in any previous year in any state.
Football (college and professional) attracted the most money wagered, with $1.4 billion staked in New Jersey in 2020. The sportsbooks won a net $55 million off football bets. Basketball was close behind, with bettors wagering $1.1 billion on college and professional hoops.
New Jersey was among the first states to launch a regulated sports betting market after a May 2018 ruling from the U.S. Supreme Court. The decision invalidated the Professional and Amateur Sports Protection Act of 1992, which had restricted regulated sports betting to primarily Nevada.
Legal sportsbooks are operating in 19 states and the District of Columbia, with another wave of jurisdictions expected to launch in 2021 and some giant players like New York and Texas eyeing sports betting legislation this year.
Caesars Sportsbook New Jersey
For now, New Jersey has surpassed Nevada and owns the largest sports betting market in the United States, thanks in part to the Garden State's robust online betting. Nearly 92% of the money bet with New Jersey sportsbooks in 2020 was transacted online.
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Gambling industry trade publication VIXIO Gambling Compliance forecasts that the U.S. sports betting market could generate upward of $10 billion in annual revenue by 2025.