Sports betting at one year in NJ: books continue to thrive 

It has been one year since the United States Supreme Court struck down a 1992 federal law that prohibited sports gambling except in certain states that already had laws on the books.

May 14, 2018 is proving each month to be one of the biggest days in history for some states, but the one that may have benefitted the most is New Jersey.

Sandwiched between major metropolitan areas like New York City and Philadelphia, the Garden State continues to rake in the money since the first bet was made las August.

Here are some of the numbers from the state as a whole, and from the various sports book, for the month of April:

Buoyed by sports wagering, the state of New Jersey took in over $265 million, which is a 24 percent increase from last year at this time.

In April 2019, sports books took in over $16.5 million from online betting, plus another $4.5 million from casinos, for a total of over $21 million.

Internet gambling increased almost 59 percent, up to $36.5 million.


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