New Jersey’s online and retail sportsbooks posted nearly a $500 million handle in October — the highest ever recorded — and continues to grow monthly with whopping year-over-year gains, according to PlayNJ.com. And with the start of basketball season approaching, the online casino website said in a news release, growth is expected to continue on an upward trajectory.
“October gaming revenue showed sustained growth for Atlantic City’s casinos,” Steve Callender, president of the Casino Association of New Jersey, said. “New Jersey sportsbooks have surpassed Nevada’s in recent months, and it continues to show significant promise for the gaming industry. We are optimistic as we approach the end of this year that we will finish 2019 out in a strong position.”
“Atlantic City’s casinos have seen consistent growth almost across the board,” said Debra DiLorenzo, President & CEO, Chamber of Commerce of Southern Jersey. “October’s gaming revenue increases prove that Atlantic City is thriving, and we look forward to seeing this positive momentum drive jobs, tourism and the economy.”