The three venues open for business in June generated $3.4 million in gross revenue.
In the opening weeks of legalized sports wagering in New Jersey, venues took in more than $16 million in wagers and collected $3.5 million in gross revenue, according to a Division of Gaming Enforcement report released Thursday.
Monmouth Park racetrack and the Borgata Hotel, Casino & Spa opened their doors to sports betting on June 14, and the Ocean Resort and Hard Rock came on line at the end of the month.
Monmouth Park, where Gov. Phil Murphy placed the first legal sports wager, logged nearly $2.3 million in gross revenue — wagers minus payouts to winners — Borgata generated $987,000 in gross revenue and the Ocean Resort, $193,000, the report said.
That revenue represents 7.8 percent of all wagers placed at the three venues from June 14 to June 30.
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“While it’s still early, we’re obviously off to a great start,” said Joe Asher, CEO of William Hill, which runs venues at Monmouth Park and Ocean Resort. “We always new there was a big appetite for legal sports betting during the years of litigation, and now it is being proven.”
Of the $16.4 million in bets booked, $15.4 million was for completed sporting events and about $1 million is for contests in the future.
Two-thirds of all bets placed and completed, or $10.1 million, were on baseball, and 14 percent, or $2.2 million, were on soccer.
They’ve taken in $500,000 related to future soccer games, $281,000 related to future NFL games and $130,000 for future MLB games.
Samantha Marcus may be reached at email@example.com. Follow her on Twitter @samanthamarcus. Find NJ.com Politics on Facebook.
Source:: New Jersey Real-Time News