Sports betting operators in New Jersey collected $668 million in August, shattering a record previously held by Nevada, according to PlayNJ.
The highest grossing month for any legal jurisdiction in U.S. history helped the Garden State bring in $13.2 million in state and local taxes, PlayNJ found. PlayNJ is a division of PlayUSA which conducts sports betting related market research and analysis.
States have leaned on sports betting to bolster tax revenue since the Supreme Court lifted a federal prohibition on the practice in 2018. It is now fully operational in 18 states plus the District of ...
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