New Jersey tops Nevada in sports betting volume in May

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New Jersey tops Nevada in sports betting volume in May
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Here's all you need to know about how fast sports betting is growing in New Jersey: the state took in more sports bets last month than Nevada.

In this June 27, 2019 photo, a clerk takes a bet from a gambler at the new sportsbook at Bally's casino in Atlantic City, N.J. New Jersey surpassed Nevada in terms of sports betting volume in May, taking the national lead for the first time.

From those bets, New Jersey casinos and racetracks made $15.5 million in revenue, compared to $11.6 million in Nevada. “I predicted this a long time ago,” said Raymond Lesniak, a former New Jersey state senator who led his state’s decade-long effort to legalize sports betting by overturning a federal law prohibiting it in most places. “The Northeast is a hotbed of sports betting. We are going to leave Nevada in the dust and never look back.”

He said one of the reasons Nevada slipped behind New Jersey include comparatively fewer NBA basketball playoff games this year. Kornegay said New Jersey will likely be challenged soon by Pennsylvania’s growth, and the eventual entry of New York into the mobile betting market.

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