New Jersey Sports’ betting grab for August broke previous US records
Sports betting in New Jersey set one new land record in August for the total settlement in a single month, incoming at $ 668 million. It beats the previous record, which was Nevadas a total of $ 614.1 million, that was recorded in November 2019. Featuring a full schedule of NBA, MLB and NHL games all returning in August, New Jersey passed by the previous record in Nevada. It also smashed its previous record, which was $ 562.7 million in November 2019.
For August, the total share in New Jersey was $ 667,979,150, one 112% increase of the total posted for July, which was $ 315,118,805. In August of last year, the New Jersey sports betting deal was $ 293,594,862, so 2020 has seen a 127.5% increase. The state Gaming Enforcement Department has released these figures.
The total online handle for the major New Jersey Sportsbooks August was $ 601,942,486, up 103.5% from Julys at $ 295,804,327, and up 141.5% from the same point last year. According to the figures, mobile betting continues to grow enormously, accounting for 90% of the total number of sports betting in August.
Major Sports Return increases the numbers
One of the main factors in the increase in numbers was the return of major league sports. August is traditionally the month when baseball shines when basketball, hockey and football are eliminated; however, it was not the largest contributor to handling last month.
That honor belongs to the ‘other’ category, which includes sports that aren’t baseball, basketball, soccer, and parlays. Total “other” events and activities totaled $ 204.9 million in August. Specific sports such as UFC, golf, and table tennis has become more prominent because of the pandemic, and the ‘other’ grip also explains all bets on the NHL.
Basketball was August’s top individual sports, worth $ 166.2 million across all basketball events. Baseball was not far behind with a $ 150 million bet on completed events. Parlays also had significant success in August. Completed parlay event handling was $ 144.9 million.
Other states are enjoying an increase in sports betting
It’s not just New Jersey that had a decent August in terms of an increase in sports betting. Two other states have more than doubled their handles for the month. Iowa registered total sales of $ 50,313,674, an increase of 120.1% from Julys’s $ 22,859,622.
The other state that will be happy with the August total is Indiana. The Hoosier State posted a 138% increase in the total number of sports betting for August, $ 169,018,238, compared to the July total of $ 70,876,622.
Chances are, these records will not last long. September sees the return of the NFL, with sportsbooks offering various NFL betting options and special offers for their customers. Last September, the New Jersey sports betting contract was $ 445.6 million, setting a new record at the time. Gamblers put in a total of $ 188.6 million on completed football events that month. It’s a guessing game about how the market will react after the pandemic. It’s possible that pent-up demand could lead to large numbers being wagered on sports like the NFL, NHL, and the NBA.
follow us on twitter @BuienRadarNL to keep up to date with the latest legal information news about casino and sports betting in the U.S.
ESPN partners with Caesars
EPSN has signed a co-exclusive deal with Caesars Entertainment ESPN has entered into an agreement …
read more +
PointsBet launches sports betting platform in Illinois
PointsBet Sportsbook is now officially live in Illinois PointsBet has become the fourth operator to …
read more +
Chiefs, Texans show unity on Thursday night
The 2020 NFL regular season kicked off Thursday night and social activism was on …
read more +
PoinsBet Strike Deal with Colorado Buffaloes
PointsBet Agrees To Multi-Year Sponsorship Deal With Colorado Buffaloes Australian betting operator PointsBet has …
read more +
Kindred Group to Expand Footprint with Ohio and Illinois
Unibet Gains Market Access in Ohio and Illinois Through Kindred Group Agreement Sports Betting Operator Unibet…
read more +
Authentic Wins 2020 Kentucky Derby
Tiz the Law competed in this year’s Kentucky Derby as the big betting favorite, but it …
read more +
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]