New Jersey Sportsbooks Took in $766.9 Million in Bets in June

New Jersey’s online and retail sportsbooks took in $766.9 million in bets in June, according to official data released Friday. That is down 5.8% from $814.3 million in May, but up from $117.8 million in June 2020.

June’s action yielded $71.3 million in gross gaming revenue, the most in operator revenue since sportsbooks posted a record $82.6 million in January. Operator revenue was up 34.7% from $52.9 million in May and up exponentially over $12.6 million in June 2020.

All told, June’s betting yielded $10.5 million in state and local taxes.

89.1%, or $734.7 million, of June’s handle came through an online operator. FanDuel Sportsbook/PointsBet commanded the market lead once again with $38.1 million in gross revenue, up from $29.8 million in May.

Meanwhile, retail sportsbooks continued to benefit from loosening restrictions with $83.9 million wagers in June, up from $79.6 million in May. Meadowlands/FanDuel led all retail books with $6.4 million in revenue in June.