Sports betting

New Jersey betting handle hits $250m as FanDuel continues to dominate

Flutter-owned brand generates more than half of all betting revenues in the state in July

New Jersey sports betting handle came in at $251.4m in July, with online and mobile accounting for around 85% of all bets placed. July betting revenues came in at $17.9m, suggesting a 7.1% hold rate and a major increase on July 2018, when the nascent betting market generated $3.8m in revenues. The July figure also…

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