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New Jersey campaigned hard to get sports betting legalized and those efforts are finally paying great dividends for the state. <\/p>\nNew Jersey campaigned hard to get sports betting legalized and those efforts are finally paying great dividends for the state. <\/p>\n
In the first two weeks since sports betting was legalized<\/a>, the state of New Jersey has generated $16.4 million in sports bets<\/strong>. <\/p>\n The grand total was gathered by only two casinos \u2013 Borgata<\/strong> and Ocean Resort<\/strong> \u2013 and one racetrack \u2013 Monmouth Park<\/strong>. Ocean Resort had only operated for just two days during those two weeks, but managed to contribute close to $193,000 to the total.<\/p>\n Monmouth Park\u2019s gross amounted to $2.3 million, while Borgata cashed in at $986,831. <\/p>\n Aside from that, $1 million went to bets on the Super Bowl<\/a> and World Series baseball<\/a> \u2013 a long-term investment, as both sporting events are months awayand the payouts are further still. <\/p>\n In a statement, CEO of William Hill America said <\/p>\n While it\u2019s still early, we\u2019re obviously off to a great start. We always knew there was a big appetite for legal sports betting during the years of litigation, and now it is being proven. We are proud to be creating new jobs in New Jersey and bringing excitement to our customers. We can\u2019t wait until football season<\/p><\/blockquote>\nOff To A Great Start<\/h2>\n