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Thanks to Online Sports Betting, New Jersey Posts Almost $1 Billion in Total Handle in November

New Jersey keeps outdoing itself as more than $931 million was wagered there in November, shattering October’s 2020 high of $803 million. Of that, 93% ($872 million) was wagered online.

The New York Giants, who call MetLife Stadium in New Jersey home, celebrate a win against the Dallas Cowboys in October. (Image: AP)

Overall numbers are down 5.6% from November 2019, but that’s mainly due to the state’s brick-and-mortar casino restrictions, limiting capacity to 25%, and stopping food and drink service after 10 p.m. because of the ongoing COVID-19 pandemic.

“The resurging public health crisis drove down business in Atlantic City during November,” James Plousis, chairman of the New Jersey Casino Control Commission, said in a statement Monday. “I applaud all of the properties for their continued diligence in adhering to the Governor’s mitigation directives for the safety of their employees and guests.”

New Jersey Looks to Keep its Online Sports Gambling Lead

Online sports bets bolstered the Garden State’s gambling blitz this fall, accounting for almost $289 million of November’s nation-leading total.

Revenue-wise, Meadowlands Racetrack-FanDuel made $24.8 million, Resorts Digital-DraftKings netted $14.6 million, and Ocean Casino Resort-William Hill came in third with a $3.6 million take. There’s also a new operator on the scene, Malta-based operator Tipico launched last week, making its US debut as New Jersey’s ninth operator.

As November’s sports betting numbers trickle from across the country, New Jersey has easily eclipsed Indiana’s November totals, which brought in $251 million and $25 million in revenue, both state records.

Nevada won’t report its November results until the last week of the year. Still, the state where it all started has significantly lagged behind New Jersey this fall, due mostly to the state’s rule that bettors register in person at a brick-and-mortar casino before they can place a bet online.