Noticias de ultima
  • 12.00 Atlaslive made a powerful impact at BIS SiGMA Americas 2025
  • 12.00 Atlaslive Earns Coveted Spot on EGR B2B Awards Shortlist, Spotlighting Excellence in Sportsbook Platform Provision
  • 12.00 Club 2000 Bedford Expands with the installation of NOVOMATIC’s BLACK EDITION II B3™ NOVOLINE Cabinets
  • 12.00 EUROMAT re-elects Jason Frost as President and calls for urgent action to tackle illegal gambling
  • 12.00 Belatra presents its Blass the Bass game insights
  • 12.00 Sportsbook Diversification for iGaming Success by Uplatform
  • 12.00 Gambling Commission launches new Consumer Voice framework in the UK
  • 12.00 New policy in Indiana removes registration requirement for certain sports betting firms
  • 12.00 India: Supreme Court issues notice to the Centre on plea to ban betting apps
  • 12.00 Zitro’s CONCEPT Cabinet Transforms Casinos Vigo into a Stunning Entertainment Destination
Sportsbook

New Jersey sets U.S. sport bet record for 3rd month at $803M

Monday 16 de November 2020 / 07:10

2 minutos de lectura

(New Jersey).- New Jersey’s red-hot sports betting market set the national record for the highest amount wagered on sports for the third month in a row in October with over $803 million plunked down by gamblers.

New Jersey sets U.S. sport bet record for 3rd month at $803M

Figures released Friday by the state Division of Gambling Enforcement show that Atlantic City’s casinos and the three horse tracks that offer sports betting collectively took in $803,096,172.

That broke the state’s previous monthly records of $667.9 million in August and $748.5 million in September. The record before that for the total amount bet, or “handle,” was $614 million, set in Nevada in Nov. 2019.

Total gambling revenue at the casinos and tracks was up 15% in October to $338 million.

But as has been the case recently, most of those gains came from internet gambling and sports betting; revenue from in-person gambling at the nine casinos was down 8% to $186.1 million in October.

Casino win was 92% of last October’s performance, even though the two years are not reasonably comparable,” said James Plousis, chairman of the New Jersey Casino Control Commission.During this time, Atlantic City continues to show resilience in the face of necessary and ongoing restrictions on capacity, amenities, and entertainment.”

The casinos are limited to 25% of capacity under state-imposed rules designed to help slow the spread of the coronavirus. And on Friday, the city’s top casino, the Borgata, laid off 73 workers and cut the hours of another 349 in response to virus regulations that took effect Thursday night prohibiting indoor dining and drinking after 10 p.m.

The Ocean Casino Resort posted the biggest monthly gain, up 37% to $29.1 million compared to Oct. 2019 figures.

“Ocean just completed its 12th straight operational month of year-over-year gaming growth,” said CEO Terry Glebocki.We are grateful to our guests for their loyalty even during these unprecedented times.”

Hard Rock was up 25.6% from a year ago to $35.4 million; Golden Nugget was up 21.2% to $38.6 million; Borgata was up 10.5% to $67.5 million; and Tropicana was up 3.5% to $27.2 million.

Harrah’s posted the biggest decline compared to Oct. 2019, down 19.5% to $19.4 million. Bally’s, which is being sold to a Rhode Island company that adopted the Bally’s corporate name on Monday, was down 17.1% to $11.4 million; Caesars was down 12.5% to $19 million, and Resorts was down 7% to $11.5 million.

Internet gambling revenue more than doubled in October, to $93.4 million, as some gamblers continued to feel more comfortable betting online than in a casino during the pandemic.

The amount of money kept by the casinos and tracks after paying out winning bets and expenses was $58.5 million, up over 26% from a year ago. But that money is often split among sport book operators and other third party vendors, and is not pure profit for the casinos.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Event

SBC Summit Americas 2025

13 de May 2025

SBC Summit Americas 2025: Everything about the panel "The Role of Laboratories and Certifications in the Latam Industry"

(Fort Lauderdale, SoloAzar Exclusive).- As part of SBC Summit Americas 2025, held from May 13 to 15 in Florida, the panel "The Role of Laboratories and Certifications in the Latam Industry" focused on the importance of technical standards and certification in the industry. Here are some of the highlights.

Wednesday 28 May 2025 / 12:00

21VIRAL at SBC Summit Americas 2025: Strengthening Partnerships & Embracing Innovation in LATAM Gaming

(Fort Lauderdale, SoloAzar Exclusive).- Mr Christoph Härtel, CEO of 21VIRAL, commented why SBC Summit Americas is a crucial event for the gaming industry. Among other issues, he said that insight on regulatory changes will shape how 21VIRAL approaches its market strategy. Read more in this unmissable Q&A session!

Tuesday 27 May 2025 / 12:00

The Live Gaming Revolution: AI and Real-Time Betting at SBC Summit America 2025

(Fort Lauderdale, SoloAzar Exclusive) – “The Rise of Real-Time Gaming: The Future of Live Betting” was one of the keynote presentations held within the recent SBC Summit America 2025. In this article, we share the highlights of the innovations that are redefining the betting experience and their impact on the future of the industry.

Tuesday 27 May 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST