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The month in US sports betting: Is this it for retail in New Jersey?

Chris Krafcik and Chris Grove analyze August’s earnings and consider whether retail betting is finding its ceiling in NJ

The regulated US sports betting market generated handle of $758.7m for the month of August, which was up 30.7% on July’s total of $580.4m. The significant month-on-month increase was mainly attributable to two factors. The first was the return of NFL football (the pre-season ran the entire month of August) and NCAA football (the regular…

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