Atlantic City<\/a>.<\/p>\nSlot machines won $113.3 million, down more than $27 million from January 2020. Table games managed to win $46.7 million, down 9.3 percent.<\/p>\n
Borgata led the way in total GGR. The MGM Resorts property won $75.4 million from land-based, internet, and sports gambling. Resorts, thanks to its market-leading digital unit, came in second at $49.1 million.<\/p>\n
Sports Betting Faces Challenges<\/b><\/h2>\n
Murphy’s celebration of New Jersey’s sports betting market could be subdued in the coming months.<\/p>\n
New York currently limits sports betting to in-person sportsbooks located in the upper part of the state. That’s led to many New Yorkers traveling in to New Jersey to place their bets online. During the college football and NFL seasons, train stations immediately in New Jersey, such as the Hoboken station, were packed with bettors wagering on their smartphones.<\/p>\n
An effort is underway in the Albany capital to overhaul New York’s sports betting regulations. New York Gov. Andrew Cuomo (D) is on board with permitting mobile sports betting. The governor initially opposed further gaming expansion, but has since changed that opinion in the wake of COVID-19 hurting state tax revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"
New Jersey Gov. Phil Murphy (D) says the state has emerged as the premier destination to gamble on professional and collegiate sports. New Jersey sportsbooks kicked off the new year with yet another busy month. Oddsmakers took in more than $958.7 million in bets. They kept $82.6 million of the wagers on a hold rate […]<\/p>\n","protected":false},"author":25,"featured_media":164768,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,1074],"tags":[],"acf":[],"yoast_head":"\n
New Jersey Governor Flaunts Sports Betting Success<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n