Online and retail sportsbooks in New Jersey reportedly celebrated the end of the eastern state’s third year of legalized sportsbetting in May by posting aggregated handle of $814.3 million.
According to a Wednesday report from the online news domain at PlayNJ.com citing official information released by the New Jersey Division of Gaming Enforcement, the result for what is typically a slow month represented a rise of 591.1% year-on-year and was an 8.9% improvement on the $748 million recorded for April. The source moreover detailed that the May wagers had subsequently produced combined revenues of $52.9 million, which equated to a boost of 433.6% from the $9.9 million seen for the same 31-day month in 2020, while yielding $7.9 million in taxes.
Basketball bonanza: