New Jersey Sports Finishes Year With All Time High $6,016,968,399 Wagering in 2020 on Sports Betting
13 January 2021 - 10:39PM
PR Newswire (US)
ISELIN, N.J., Jan. 13, 2021 /PRNewswire/ -- World Sports
Network Editor Ioana Romanasu
states: "New Jersey was one of the first states to allow betting on
sports and to fire up its local sports betting industry. By getting
into the game early, sports betting in New Jersey has stolen the lead on other states
and in turn built up a more mature sports betting sector."
With the momentum currently enjoyed by the New Jersey sports betting industry, is it
likely that any other states have a chance of catching up? The
likely answer is yes but not for a long time coming. Large
powerhouse states like New York and California are still far behind
when it comes to legalizing sports betting and even after that day
does come they will face the challenges that establishing a new
industry in their states entails. It is likely that may take some
time, but when it does happen New Jersey's state coffers will have
been reaping the rewards for years.
Press contact:
Gustave Seeberg
gustave.seeberg@wsn.com
Phone: +4526608652
View original
content:http://www.prnewswire.com/news-releases/new-jersey-sports-finishes-year-with-all-time-high-6-016-968-399-wagering-in-2020-on-sports-betting-301207919.html
SOURCE World Sports Network
Copyright 2021 PR Newswire