New Jersey Sports Betting Handle Smashes Own Record With Over Half a Billion in 1 Month

New Jersey Sports Betting Handle Smashes Own Record With $562.7 Million In NovemberThe New Jersey sports betting market exploded to a new record high for total dollars wagered in a single month — $562.7 million in November, the first time Garden State sportsbooks handled in excess of half a billion dollars in a single month. This now makes three consecutive months […]

While it is no longer possible to pinpoint the exact betting handle at every online sportsbook, barring self-disclosures, we can see that the combination of FanDuel Sportsbook and PointsBet — operating through partnerships with the Meadowlands Racetrack — produced $12.2 million in revenue in November.

Couple that with $2.67 million in revenue via the physical FanDuel Sportsbook located at the Meadowlands, about eight miles from New York City, and it’s almost $15 million, or nearly half of the entire state’s combined operator gross revenue.

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About Editor

Rich Nilsen is a 17-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He cashed on the 2018 NHC Tour with a 19th overall finish. Rich was also a winner of a $24,000 package into Kentucky Derby Betting Championship I. A former executive with Brisnet.com, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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