The June gambling revenue figures released on Friday by the New Jersey Division of Gaming Enforcement set up a review of the state of the industry at the midpoint of 2021.
So June’s sports betting handle (amount wagered) of $766.9 million — about what was expected — means that $4.89 billion already has been wagered in the Garden State this year.
With lucrative college and pro football betting still to come, it’s a virtual certainty, then, that New Jersey becomes the first U.S. state to reach the $10 billion mark for one year.
For NJ sportsbook operators, the June revenue of $71.3 million finishes off a half-year with $368.3 million in the bank.
And as far as taxes go, sports betting brought the state treasury $8.7 million in June and $43.2 million so far in 2021.