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New Jersey Sports Betting Frenzy Ebbed In December by John Brennan

The New Jersey sports betting magic carpet ride fell to Earth in December — about a month or two earlier than expected.

After double-digit percentage increases in handle in every month since the legal form of gambling began in mid-June, the state Division of Gaming Enforcement figures released on Monday showed a flattening of online sports betting dollars and a decrease in brick-and-mortar sports betting.

Of course, sensible gamblers naturally would lie lower in the last month of the year so as to leave extra money aside for Christmas presents and other holiday planning. Then there’s the vacation factor; a New Jersey bettor can’t place bets while spending a few days in another state or country. There were also fewer college football games to bet on in December than in the previous months.


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