New Jersey United States Casino City’s North American Gaming Almanac 638 The NCAA, NBA, NFL, NHL and MLB filed a federal lawsuit against New Jersey to prevent sports betting, based on the Professional and Amateur Sports Protection Act of 1992, which banned sports betting in all but four states. On 28 February 2013, U.S. District Court Judge Michael Shipp ruled in favor of the athletic associations. The 3rd Circuit Court of Appeals in Philadelphia upheld the lower court ruling. In June 2014, the Supreme Court declined to hear New Jersey’s appeal. Following the Supreme Court’s decision not to hear New Jersey’s appeal, the New Jersey Legislature passed legislation that would allow private companies to open up and operate sportsbooks in New Jersey’s casinos and horse tracks. The logic behind the legislation was that the lower courts and DOJ had indicated that New Jersey didn’t need to ban sports betting just because the federal government had. In August 2014, Christie vetoed the legislation, saying the rule of law was “sacrosanct” and he didn’t want to violate the court’s ruling. In September, Christie changed his mind and issued a directive allowing the state’s horse tracks and casinos to offer sports betting. The directive said the companies offering sports betting would not be prosecuted or face civil liability. The directive also banned betting on teams that played in New Jersey (collegiate or pro) or collegiate events in New Jersey. In August 2017, New Jersey governor Chris Christie signed into law bill S1927 authorizing daily fantasy sports. It allows players to deposit money into accounts and assemble virtual teams made up of real professional athletes. People under the age of 18 are forbidden from participation. In May 2018, the Professional and Amateur Sports Protection Act (PASPA) of 1992 was struck down by the U.S. Supreme Court, which deemed it unconstitutional. Gov. Phil Murphy signed the New Jersey sports betting into law on 11 June, and three days later he placed the state's first legal sports bet when Monmouth Park racetrack opened its sportsbook, the same day that Borgata Casino in Atlantic City began accepting sports wagers. Sportsbooks are operational at all nine Atlantic City casinos and at the three racetracks in the state. Sports Betting Revenue Revenue in Millions 2021 2022 2023 2024 Revenue in USD 816.03 762.95 1,006.59 1,094.63 Revenue Change 104.76% -6.50% 31.93% 8.75% Inflation Adjusted 974.18 842.76 1,069.37 1,132.15 Inflation Adj. Change 95.78% -13.49% 26.89% 5.87% Period USD1 USD 2025 Jun 2018 3,458,668 4,447,790 Jul 2018 3,831,141 4,926,457 Aug 2018 9,182,943 11,801,780 Sep 2018 23,961,038 30,758,650 Oct 2018 11,686,119 14,974,909 Nov 2018 21,243,865 27,314,047 Dec 2018 20,814,222 26,847,266 Jan 2019 18,774,940 24,170,871 Feb 2019 12,732,740 16,323,145 Mar 2019 31,669,387 40,371,765 Apr 2019 84,395,455 107,019,955 May 2019 15,536,384 19,659,448 Jun 2019 9,701,925 12,274,185 Jul 2019 17,884,790 22,588,881 Aug 2019 25,210,342 31,842,788 Sep 2019 37,883,375 47,812,384 Oct 2019 46,393,537 58,419,405 Nov 2019 32,895,546 41,444,745 Dec 2019 29,424,884 37,105,855 Jan 2020 53,561,626 67,282,093 Feb 2020 17,000,928 21,297,552 Mar 2020 13,181,101 16,548,372 Apr 2020 2,634,050 3,329,211 May 2020 9,912,062 12,527,741 Jun 2020 12,639,282 15,887,742 Jul 2020 29,551,987 36,960,240 Aug 2020 39,507,181 49,255,765 Sep 2020 45,083,178 56,129,448 Oct 2020 58,508,647 72,814,165 Nov 2020 50,554,535 62,953,750 Dec 2020 66,386,516 82,591,192 Jan 2021 82,640,979 102,377,558 Feb 2021 46,213,864 56,939,217 Mar 2021 60,755,472 74,328,945
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