- New Jersey is the highest state in sports activities betting deal with for the month of January.
- The state noticed a sports activities deal with of $958.7 million in a single month.
- The runnerup was Nevada at $646.5 million
New Jersey was the highest state in sports activities betting deal with for January.
In accordance with new information from the Illinois Gaming Board (IGB) obtained by Sports Handle on Wednesday, New Jersey led the nation with a $958.7 million sports activities betting deal with, over $300 million greater than second-place Nevada with $646.5 million.
-Ben Fawkes (@BFawkes22) March 11, 2021
That doesn’t essentially equate to actual income from sports activities betting, nonetheless. The deal with is outlined as the whole amount of cash wagered. Income is the amount of cash a sportsbook retains after paying out winners.General, the US noticed a complete of greater than $4.36 billion wagered in January. Operators in these 20 jurisdictions totaled practically $361 million, and state governments collected greater than $54.3 million in taxes from that income.
New Jersey’s January complete was a lower from its record-setting December, wherein it recorded a complete $996 million deal with. Since authorized sports activities betting went into impact in New Jersey in June of 2018, the state has seen greater than $12.8 billion in complete deal with, greater than $874.6 in complete income, and greater than $107 million in taxes collected.
Different notable month-to-month developments present that Michigan cracked the highest 10 for the primary time with a record-setting 1,451.89% improve in deal with from December, and Washington D.C. seeing the most important drop off of any state with a -5.69% change within the remaining month of Donald Trump’s presidency.