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New Jersey Sports Betting Drops Below $300M Mark

July 12th 2019

Sports bettors in America call this time of year “The Dog Days of Summer” for more reasons than just the heat. The baseball All-Star week is the single worst week for sports bettors every year. There is literally nothing in America to bet.

The Month of June isn’t much better. The NBA is the only other consistent game in town in June and they wrap up early in the month. So, it is no surprise that the numbers released by the New Jersey Department of Gaming for the month of June were lower than the seven previous months. The $273 million was the first month to fall below $300M since October of 2018.  And we would be willing to bet the farm that the numbers for July will be even lower.

Football is just six weeks away. You will see the handle number perform a dramatic spike when football season starts. Football is by far the most popular sport in America. Sportsbooks are expecting record numbers this year.

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