New Jersey poised to overtake Vegas as sports betting capital of US

Richard Morgan | September 2, 2019 | New York Post |

 

Watch out, Vegas: Here comes New Jersey.

It’s been little more than a year since the Garden State legalized sports betting, but the home of the Sopranos and Bruce Springsteen is already poised to overtake Nevada as the sports betting capital of the US, experts say.

New York’s neighbor west of the Hudson River is slated to take the crown from Nevada as soon as this year — thanks to the NFL, according to Alex Kostin, founder of AmericanGambler.com, a sports betting community and website devoted to legalized gambling data.

That’s because the NFL’s new season, which kicks off Thursday, will open the floodgates of sports bettors flocking from New York City and Philadelphia to close what has been a fast-narrowing gap in total wagers, Kostin told The Post.

NJ’s total sports gambling handle during last year’s season from September through January was $1.5 billion — despite the fact that sports betting had only become legal in the state last June.

 

Read the full article from the New York Post.