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The Sports Betting Fever In New Jersey

The launch of Legal Sports Betting in New Jersey in 2018 saw the floodgates opened and the market shoot to become one of the biggest and most lucrative markets in the entire gambling industry. Since then, punters can place bets on their favorite sports at physical casinos, on racetracks, and online via websites and mobile apps, throughout the state.

The rapid growth of the online sports betting market has given players in New Jersey a new exciting gaming experience: virtual gaming, where they can play their casino games like Blackjack, Roulette, and Poker as well as bet on their favorite sports from their own comfort. Many casinos have launched sports betting platforms in Garden State, that are offering massive bonuses to lure players and beat the stiff competition. 

Casinos’ ‘Saviour’

Jeff Ifrah, the founder of iDevelopment & Economic Association(iDEA), says the legalization of sports betting has had a positive impact on the industry, serving a big boost to online casino operators. The gambling attorney said that the betting industry in the Atlantic City was struggling and that online gaming was ‘just in time to save casinos’. Atlantic City’s casinos and partners generated a revenue of over $400 million from online gaming by the end of the year 2019, according to the New Jersey Division of Gaming. According to the iDEA, the tax revenues collected in the same period were at least $79 million, with the states’ annual budget at $38.7 billion. 

The increase in revenue by over 60%  as compared to the $277 million generated in 2018, was sparked by the legalization of sports betting, with industry analysts suggesting that with the exemption of the market, online casino revenues would not have grown past 20%. The monthly revenues recorded by casinos in Garden State have more than doubled since June 2018, with analysts projecting of way higher revenues this year. The rapid growth is an indication that the states’ decision to legalize sports betting is paying dividends and has created a conducive gambling environment that has led to such widespread growth. 

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Top Sportsbooks in New Jersey

A host of reputable online and retail sportsbooks in Garden State has inspired the rapid growth of the industry. The sportsbooks offer players a wide variety of selections to bet on, NFL, soccer, NBA and much more.

Three of the first and most reputable sportsbooks in New Jersey are:

DraftKings Sportsbook

Launched in August 2018, DraftKings Sportsbook was among the first sportsbooks in New Jersey. The sportsbook was formed in partnership with the popular bookmaker, Kambi and is licensed in New Jersey under Resorts Casino. The operator provides bettors with a state of the art mobile app for both Android and iOS, alongside a desktop version. The impressive mobile the app has some excellent features including prop bets, in-play betting, and a cash-out option that allows players to cash in their bets before the outcome.
DraftKings offers new players a $25 welcome bonus and allows bets from as little as $0.10.

SugarHouse Sportsbook

Launched in August 2018, SugarHouse is among the first five sportsbooks to hit the market in New Jersey and a historic one. The SugarHouse mobile app was the first to fully integrate a sportsbook into an existing online casino. This gives players the convenience of betting on both sports and playing casino games using a single account on the same app. Their website is also awesome with a neatly organized menu of sports and the subsequent leagues and categories under each sport.

The sportsbook operates under the casino license of Golden Nugget and a partnership with Kambi. The operator boast of offering a wide range of sports betting options ranging from the traditional parlays, handicaps, and totals, to the modern in-play and cash-out options. 

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They offer a sumptuous $250 first deposit match that beats most of the competition. Players can place bets and play their favorite games from as low as $0.20.

FanDuel Sportsbook

FanDuel Sportsbook was launched in September 2018 as a result of a partnership between Betfair, Paddy Power, and other partners including IGT. The operator is popular amongst players in New Jersey for its focus on traditional American sports and only a few of the rest. FanDuel’s mobile app has an awesome interface, similar in appearance to the DraftKings app but, has some extra exciting features, a live data visualization built in the in-play bet sections and an extensive prop betting. The app is available on both Android and iOS platforms.

The operator is currently offering players in New Jersey a $500 Risk-free bet and allows bets from as low as $0.10.


Offer valid as of date published. T&Cs apply.
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