sportsbook

PA, NJ sports betting records in September

The month of September was a lucrative one for sports betting in Pennsylvania and New Jersey, as both states set new records.

The start of the NFL season and college football coinciding with playoffs in MLB, NHL and NBA led to unprecedented sports betting numbers. In Pennsylvania, sports betting operators took in $426.8 million in September.

That blew past the previous record of $365 million set a month earlier in August by 26.8 percent. It was also the first time Pennsylvania has recorded more than $400 million in sports betting in a single month.

Leading the way in Pennsylvania in September was FanDuel Sportsbook, which took in $171.2 million. Following them was DraftKings Sportsbook with $118.8 million and Rush Street with $64. Barstool Sports, which launched midway through the month of September had a respectable $32.3 million.

In New Jersey not only did they set a new state record in September, they posted the highest total ever since sports betting went national. In September New Jersey sport betting operators took in $748.6 million. That topped the previous record of $668 million which was set in August.

Even more impressive than the monthly increase, is the year-over-year increase in New Jersey. In September 2019 New Jersey sports betting took in $445.6 million. The $748.6 million they reported in September 2020 was a 69 percent increase.

Out of that $748.6 million a majority of it was bet online in New Jersey. Online wagering accounted for 90.6 percent of all sports bets, which was $678.7 million.

Not surprisingly, football betting account for the highest percentage of all bets place in New Jersey during September. From all bets 21.6 percent were placed on football. It’s possible the total bet on football could rise later in the fall more college football conference return to the field. In September 2019 $188.6 million was bet on football games.

In September 2020 that number dropped to $159.5 million.