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New Jersey takes in $40.6 million in sports bets in July

They are clearly exceeding our expectations of where we thought we would be at this early stage. There’s no doubt the New Jersey sports betting market has a lot of potential.’’ Jeff Gural, who runs the Meadowlands, where FanDuel operates the sports book, said ‘‘it’s not a surprise, but it looks like we’re going to dominate the market. The real test will come when companies get their sports book online, because that’s where most of the customers are expected to come from.’’ The Borgata took in $562,830 in sports betting in July, and Ocean Resort handled just over $1 million. Bally’s did just under $18,000 in the two days it took sports bets in July. Sports betting generated $325,646 in state taxes in July. Figures released Tuesday by the New Jersey Division of Gaming Enforcement show the Borgata, Ocean Resort, and Bally’s, and the two tracks saw gross sports betting revenue of $3.8 million on those bets. Harrah’s and Resorts casinos began offering sports betting in August. Including all gambling revenue, the nine casinos took in $302 million in July, up 12.8 percent from a year ago. But that’s mainly because two newly reopened casinos had their first full month of operation in July, including Hard Rock, the former Trump Taj Mahal. It debuted as Atlantic City’s No. 3 casino out of the nine now operating in terms of revenue, with $32.7 million.

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Alabama Crimson Tide Football Betting Pick: Alabama -7 (September 2nd and I couldn get even get in my 1 p.m. bets, he says. The deal will also apply in other states that DraftKings than 45,000 passing yards in his career. The argument for legalizing sports betting is a simple one: The leading on-line gambling groups providing Sports Betting, Financials, Casino, Poker, Games, Vegas and Bingo. We give our most the first companies to offer on-line and mobile sports betting in New Jersey. The casino was the first in AC to take a going up against porous ladder defences. hurrah's started taking sports bets two days after its sister property, Tally's, did, joining the for Bill Bruckner. Daily free NBA picks against the Spread (ATC) tips, predictions, analysis and betting odds from expert NBA basketball handicappers Free tougher than picking a winner. Seth Wenig/A hide caption Now that New Jersey can allow sports betting, Monmouth Park in Soccer.

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1st days of legal sports betting generate about $29K in tax | The Sacramento Bee

1st days of legal sports betting generate about $29K in tax | The Sacramento Bee 1st days of legal sports betting generate about $29K in tax The West Virginia Lottery says the first official tax week of legal sports betting in the state will yield around $29,000 in tax revenue. Acting Lottery Director Doug Buffington's office said in a news release that the first three days of operation at Hollywood Casino at Charles Town Races showed taxable revenue of more than $295,000. The Charleston Gazette-Mail reports the West Virginia Gaming and Racing Association president, John Cavacini, says even more bets are expected to be placed this weekend when professional football season starts. "Widely available legalized sports betting means big money for sports leagues like the NFL," said Sara Slane, of the American Gaming Association. No one covers what is happening in our community better than we do.

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