NJ sports betting kicked off on June 14 with two physical sportsbooks in the state.

Monmouth Park was the first to open its betting windows, followed immediately by Borgata in Atlantic City. Ocean Resort Casino opened on June 28 with a partially constructed William Hill sportsbook just a few steps off the Boardwalk.

To date, there are nine active sportsbooks in New Jersey plus eight online sportsbook apps. DraftKings Sportsbook app launched statewide on Aug. 6 becoming the first online sportsbook in the state. In September, seven NJ online sportsbooks joined the fray including DFS rival FanDuel Sportsbook and international sports betting giants 888 Sport and BetStars.

On the retail side, Hard Rock Atlantic City signed on with Gaming Innovation Group (GiG) with plans to join the NJ sports betting market by the end of the year. Tropicana opened its temporary book on Oct. 25.

Every month the Division of Gaming Enforcement releases the previous month’s legal sports betting handle and revenue. “Handle” refers to the total amount wagered, while “revenue” is what’s left over after the winning tickets are paid out.

YTD total NJ sports betting handle: $597,368,230

YTD total NJ sports betting revenue: $51,964,303

Below is a rundown of NJ sports betting revenue to date:

Last updated: November 2018.

October 2018

NJ online sports betting revenue, October 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Resorts/ DraftKings Sportsbook/ BetStarsNA$5,090,253$661,733$16,566,524
Golden Nugget Sportsbook / SugarHouse SportsbookNA$151,446$19,688$873,800
Borgata / playMGMNA$66,924$18,924$237,488
Bally's / 888 Sport/ Caesars SportsbookNA$108,359$14,087$214,821
Meadowlands / FanDuel SportsbookNA$2,427,928$315,631$5,280,476
Monmouth / William Hill NJNA$608,611$79,119$679,396
Ocean Resort / William Hill NJNA$385,641$49,671$677,722
Totals$174,369,684$8,839,162$1,158,853$24,530,227

NJ sports betting revenue, October 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Bally'sNA$303,240$25,775$982,870
BorgataNA$120,288$10,224$4,869,581
Ocean Resort CasinoNA$438,552$36,760$3,187,409
Monmouth ParkNA$606,981$51,069$6,778,541
MeadowlandsNA$1,114,712$95,470$9,925,916
Harrah'sNA$104,448$8,878$713,735
Golden NuggetNA$46,109$3,919$657,308
Resorts ACNA$97,313$23,757-$6,305
TropicanaNA$-$-$-
Hard Rock ACNA$-$-$-
CaesarsNA$-$-$-
Totals$86,341,617$2,831,643$255,852$27,109,055

Read more about the NJ sports betting revenue for September here.

September 2018

NJ online sports betting revenue, September 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Resorts/ DraftKings Sportsbook/ BetStarsNA$8,505,940$1,105,772$11,476,271
Golden Nugget Sportsbook / SugarHouse SportsbookNA$619,030$80,474$722,354
Borgata / playMGMNA$120,938$15,722$170,564
Bally's / 888 Sport/ Caesars SportsbookNA$106,463$13,840$106,463
Meadowlands / FanDuel SportsbookNA$2,852,548$370,831$2,852,548
Monmouth / William Hill NJNA$70,785$9,202$70,785
Ocean Resort / William Hill NJNA$292,081$37,470$292,081
Totals$104,885,673$12,567,785$1,633,311$15,691,066

NJ sports betting revenue, September 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Bally'sNA$394,046$33,494$679,631
BorgataNA$2,394,106$203,499$4,749,293
Ocean Resort CasinoNA$999,858$85,097$2,748,857
Monmouth ParkNA$2,138,097$181,506$6,168,473
MeadowlandsNA$4,377,474$373,530$8,827,059
Harrah'sNA$310,766$26,415$609,287
Golden NuggetNA$499,414$42,450$611,199
Resorts ACNA$279,492$23,757$377,579
TropicanaNA$-$-$-
Hard Rock ACNA$-$-$-
CaesarsNA$-$-$-
Totals$79,062,731$11,393,253$969,748$24,758,610

Read more about the NJ sports betting revenue for September here.

August 2018

NJ online sports betting revenue, August 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Resorts/ DraftKings SportsbookNA$2,970,331$386,143$2,970,331
Golden Nugget Sportsbook / SugarHouse SportsbookNA$103,324$13,432$103,324
Borgata / playMGMNA$49,626$6,451$49,626
Caesars / 888 SportNA$-$-$-
Meadowlands / FanDuel SportsbookNA$-$-$-
Monmouth / William Hill SportsbookNA$-$-$-
Ocean ResortNA$-$-$-
Harrah'sNA$-$-$-
Totals$21,714,157$3,123,281$406,026$3,123,281

NJ sports betting revenue, August 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Bally'sNA$267,796$22,763$285,585
BorgataNA$805,526$68,470$2,355,187
Ocean Resort CasinoNA$519,563$44,156$1,748,999
Monmouth ParkNA$898,017$76,264$4,033,463
MeadowlandsNA$3,060,367$260,810$4,432,583
Harrah'sNA$298,521$25,374$298,521
Golden NuggetNA$111,785$9,502$111,785
Resorts ACNA$98,087$8,337$98,087
TropicanaNA$-$-$-
Hard Rock ACNA$-$-$-
CaesarsNA$-$-$-
Totals$73,919,891$6,059,662$515,676$13,364,210

Read more about the NJ sports betting revenue for August here.

June and July 2018

NJ sports betting revenue, July 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
Bally'sNA$17,788$1,512$17,788
BorgataNA$562,830$49,225$1,549,661
Ocean Resort CasinoNA$1,036,766$88,177$1,229,436
Monmouth ParkNA$856,280$72,945$3,135,446
MeadowlandsNA$1,372,216$116,821$1,372,216
Harrah'sNA$-$-$-
FanDuel SportsbookNA$-$-$-
Hard Rock ACNA$-$-$-
CaesarsNA$-$-$-
Golden NuggetNA$-$-$-
Resorts ACNA$-$-$-
TropicanaNA$-$-$-
Totals$40,682,237$3,845,880$328,680$7,304,548

Read more about the NJ sports betting revenue for July here.

NJ sports betting revenue, June 2018

OperatorHandleRevenueTaxes PaidYTD Total Revenue
BorgataNA$986,831$83,881$986,831
Ocean Resort CasinoNA$192,671$16,377$192,671
Monmouth Park/William HillNA$2,279,166$193,605$2,279,166
Meadowlands/FanDuel SportsbookNA$-$-
Hard Rock ACNA$-$-
CaesarsNA$-$-
Golden NuggetNA$-$-
Resorts ACNA$-$-
TropicanaNA$-$-
Totals$16,409,619$3,458,668$293,863$3,458,668

Read more about the NJ sports betting revenue for June here.

New Jersey uses the “cash method” of accounting, which means that transactions are reported as they occur. Futures bets, for example, are counted as revenue in the month they’re placed and written off as losses as the winning tickets are paid. Note: Handle for individual sportsbooks is not reported by the DGE.

This is different than the “accrual method” used to calculate Nevada sports betting tax liability.