1. Borgata Sports Betting Nj
2. Sports Betting Odds

ATLANTIC CITY, N.J. (AP) — New Jersey took nearly $1 billion worth of sports bets in December, an encouraging finish to a year in which coronavirus closures and restrictions sent overall gambling revenue down nearly 17%.

Sports Betting in NJ. DraftKings Sportsbook was the first NJ online gambling platform to launch in August of 2018 in partnership with Resorts AC. Shortly after, FanDuel Sportsbook and William Hill opened up shop in partnership with the two major New Jersey race tracks, Monmouth Park and Meadowlands. Online Betting on Sports & Casino has never been easier! Experts tips on daily odds, picks, welcome bonuses and much more! T&Cs apply, 21+, NJ only. To use William Hill Sportsbook, please enable JavaScript.

Over $6 billion worth of bets were placed last year in New Jersey, which won a U.S. Supreme Court case in 2018 that cleared the way for the ongoing expansion of legalized sports betting in America.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the state’s nine casinos and three horse tracks that accept sports bets took in over $996 million worth of such wagers in December, the latest in a string of monthly records for U.S. sports betting.

Slot and table games revenue for the casinos, including internet betting, was $2.64 billion in 2020. When sports betting revenue is added, New Jersey saw more than $2.88 billion in revenue for the year.

That represented a decline of 16.9% in a year in which the casinos were closed for 3 1/2 months. Even when they were allowed to reopen in July, they had to restrict operations to 25% of capacity — limits that remain in place today.

“Significant revenue was lost in those early months and, throughout the second half of the year, the resurging public health crisis continued to impact business in Atlantic City,” said James Plousis, chair of the New Jersey Casino Control Commission. “Atlantic City’s stakeholders have been working hard to build a strong foundation for recovery. As society begins to approach a return to normalcy, Atlantic City will be ready to restore its recent positive momentum.”

Only one casino, the Golden Nugget, took in more money in 2020 than it did in 2019. It won more than $415 million, an increase of nearly 10% over the previous year.

Harrah’s had the biggest decline in 2020, down 46.8% to $166.3 million. Resorts was close behind, down 43.8% to $100.2 million. Caesars was down an identical 43.8% to $152.3 million.

Tropicana was down 33.8% to $231.5 million; Borgata, the last of the nine casinos to reopen last year, was down 27.6% to $577.3 million; Hard Rock was down 17% to $290.5 million, and Ocean was down 10.1% to $214.1 million.

Ocean CEO Terry Glebocki said 2020 was a challenging year.

“We’re optimistic about the future as demonstrated by Ocean’s 18% year-to-date growth in casino win during the year’s eight operational months,” she said. “In a time when many businesses in the country are ramping down operating schedules, Ocean is actively reinvesting in its property by debuting new venues likes our new high-limit slot experience, The Cove.”

Under two different owners in 2020, Bally’s won nearly $97 million, compared with $181.5 a year earlier.

New Jersey has led the nation for months in the amount of money bet on sports within its borders. With the NFL playoffs underway in the run-up to the Super Bowl, January 2021 is almost certain to eclipse the $1 billion mark for total amount of money wagered, known in the industry as “handle.”

But that number is separate from, and much larger than, sports betting revenue, or the amount of money sports books keep after paying out winning bets and other expenses. New Jersey’s casinos and horse tracks kept just under $400 million in sports betting revenue last year, an increase of over 33% from a year earlier.

And its dominance of the market appears to be in jeopardy: New York state announced last week it will legalize mobile sports betting this year, a move certain to cut into New Jersey’s sports betting business. Industry experts say about 20% of New Jersey’s sports bets are made by New Yorkers who cross the border to wager; that is money New Jersey soon will no longer be getting.

Internet gambling revenue more than doubled last year, going from $482 million in 2019 to $970 million in 2020, another bright spot for an industry still struggling to recover from the pandemic. Internet gambling had been on a roll for years in New Jersey, but increased even more this year as gamblers had no option but to bet on their phones or laptops from mid-March to early July, and even after they reopened, some felt more comfortable gambling from home.

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Follow Wayne Parry at http://twitter.com/WayneParryAC.

The best NJ sports betting sites offer solid new player signup promos and bonus codes, but that’s just the tip of the iceberg. There are many different things that make these NJ sports betting sites unique from app to app and property to property:

The Six Best NJ Sports Betting Sites: February 2021

Borgata Sports Betting Nj

NJ sports betting has been live for about 2 years now, and the rest of the US continues to follow suit. After DraftKings Sportsbook launched its highly anticipated NJ online sports betting app, many others weren’t far behind.

• As of February 8, 2021, there are 18 NJ sports betting apps being offered online.
• Meanwhile, 10 brick and mortar retail NJ sportsbooks are up and running.
• Including 8 located in Atlantic City casinos.

Sports Betting Odds

Top 10 NJ Sports Betting Promo Codes & Offers

Each of these top 10 NJ sports betting sites offers aggressive new player bonuses that can have you playing online in no time with free bets, deposit match codes, and thousands of dollars in risk-free offers. (Updated: February 2021)

1. DraftKings Promo Code Offer: $25 FREE BET, plus up to $1K in bonuses
2. FanDuel Promo Code Bonus: $500 risk-free bet
3. FOX BET Sportsbook Offer: $1,000 FREE on first deposit
4. PointsBet Promo Code: $250 in risk-free bets on first deposit
5. SugarHouse Sportsbook Offer: 100% first-deposit match, up to $250
6. BetMGM Promo Codes: $500 risk-free bet (Bonus code: PLAYBONUS)
7. 888sport betting promo: $500 risk-free bet (No code needed)
8. Unibet Sports Bonus: $20 free bet – no deposit needed
9. Resorts Sports Betting Bonus Code: Up to $250 free bet (Promo code: MAXBONUS)
10. Golden Nugget Online Sportsbook NJ: Sign up today to get a free $100 risk-free bet

#1 NJ Sports Betting App is DraftKings

NJ Sports Betting in 2021: How did we get here?

After a legal battle stretching back nearly a decade, New Jersey has won the right to offer regulated sports betting at a legal NJ sportsbook.

The Garden State officially launched legal sports betting June 14, 2018, three days after Gov. Phil Murphy signed sports betting legislation into law.

Gov. Murphy made the first wager in the state at Monmouth Park Racetrack in North Jersey. The Borgata in Atlantic City opened its sportsbook to patrons 30 minutes later.

All the remaining Atlantic City properties launched their own in-house NJ sportsbooks and their own NJ online sports betting sites.

Legal Online NJ Sports Betting Sites

As of February 8, 2021, 18 legal online NJ sports betting apps & sites are up and running.

NJ Sportsbooks at Casinos (and Racetracks)

There are currently 11 land-based NJ sportsbooks and horse racing locations. Here they are in no particular order. (Updated: February 2021)

NJ started the sports betting uprising

New Jersey has been fighting for the ability to legalize and regulate sports betting since 2012. The state tried multiple ways to circumvent the federal ban on state-regulated sports betting (the Professional and Amateur Sports Protection Act, or PASPA) and each time was blocked by the sports leagues challenging those attempts in court.

Finally, in 2017, New Jersey — to the surprise of many observers — was granted a request for its case to be heard by the U.S. Supreme Court.

The U.S. Supreme Court heard arguments in the case in late 2017 and considered the case for the next few months. While the case is on its face about sports betting, there are myriad other implications for the relationship between the state and the federal government arising out of the case. That’s one of the reasons the court heard the case in the first place, and one of the reasons why the decision took so long to make.

But now, after fighting a battle for most of the current decade, one that many observers thought to be hopeless, regulated, legal sports betting is alive in New Jersey.

Latest NJ Sports Betting Odds

Here you can click through the latest NJ sports betting odds on all the major sports:

As of right now, what sports can we bet on in NJ?

With everything going on right now NJ online sports betting apps are starting to post more and more traditional sports bets like UFC, NBA futures, NHL futures & NFL props, as well as a lot more creative lines and non-traditional sports you normally wouldn’t see.

Here are some of the best sports bets today:

NFL Sports Betting in NJ

Top NJ sports betting apps like PointsBet Sportsbook, have posted NFL player props focused on how star players on those teams will perform.

Taking a look at DraftKings SportsbookandFanDuel Sportsbook, you can bet on where Cam Newton & Jameis Winston will be playing in Week 1 of the 2020-2021 season, as well as other remaining players.

Bet on UFC at NJ Sports Betting Apps

Most online NJ sportsbooks and casinos offer bets on UFC. However, odds may differ from one NJ sports betting site to another. Check out the best NJ sports betting apps and see what special offer they have for this weeks UFC event.

New Jersey sports betting FAQ

Is legal sports betting in New Jersey available?

YES. After a sports betting bill moved through the New Jersey legislature, Gov. Phil Murphy signed the bill into law June 11, 2018.

The first legal wager took place at Monmouth Park on June 14, and all the remaining AC properties have followed with their own NJ sportsbook: Borgata, Ocean Resort, Tropicana, Harrahs, Caesars, Resorts, Ballys, and Golden Nugget.

NJ online sports betting is also legal with many NJ online sportsbooks available. Anyone 21 years and older are allowed to place legal wagers at these licensed sportsbooks.

Who offers legal sports betting?

Legal NJ sportsbook and NJ online sports betting sites are ultimately controlled by the same license holders who currently offer casino gambling or horse race betting in the state, including the properties mentioned above that already launched sportsbooks. Note: these license holders may as well partner with other brands, as is the case with New Jersey’s legal online casino sites.

Where can I place sports bets?

You can expect a lineup for NJ’s legal sports betting sites that closely match the kinds of gambling you can do when you’re at a Las Vegas sportsbook. Many of Atlantic City’s casinos already operate sportsbooks in Las Vegas, so the experience will be very familiar to those who have bet at Caesars in Las Vegas or MGM. Those are just two of the operators who have existing operations in other jurisdictions, meaning they already have a blueprint in place for offering legal, regulated sports betting in New Jersey.

Why should I choose legal sports betting?

The opportunity to bet at legal, regulated sportsbooks is one that consumers should take seriously. You never know what you’re getting when betting illegally, while legal sportsbooks in New Jersey offer the safety and security of knowing that your details are protected and that you’ll be paid when you win. We may find that many illegal sports betting sites stop serving the New Jersey market; which is what happened after NJ legalized online casino and poker games.

What if I live New Jersey, but currently outside the state?

Sorry bettors. You must be inside state borders of New Jersey to place bets at NJ sports betting apps and sites. All legal NJ sportsbooks use geofencing technology to determine your location, so there is no way around it.

What if I don’t live in New Jersey, but in the state currently?

YES! You don’t need to be a resident of NJ to play at the legal NJ online sportsbooks. It’s all about your current location at the time you make the bets.

Will I get taxed on winning sports bets?

Yes, sports betting legally in New Jersey is taxable income. Depending on the online sports betting site, the operator is supposed to notify the IRS when you win a certain amount of money.

But what if I lose those winnings?

NJ online sports betting losses can actually be tax deductible if you itemize your deductions and keep detailed records of wins and losses. But the losses you deduct cannot exceed the winnings.

New Jersey Sportsbook & Racebook (Physical Locations)

• Resorts AC Casino Hotel (DraftKings)
  • Address: 1133 Boardwalk, Atlantic City, N.J., 08401

• Tropicana AC Casino (William Hill)
  • Address: 2831 Boardwalk, Atlantic City, NJ 08401
  • Phone:(609) 340-4000

• Caesars AC Casino (888sport)
  • Address: 2100 Pacific Ave, Atlantic City, NJ 08401
  • Phone: (609) 348-4411

• Meadowlands (FanDuel)
  • Address: 1 Racetrack Drive, East Rutherford, N.J., 07073

• Monmouth Park (William Hill)
  • Address: 175 Oceanport Ave, Oceanport, N.J. 07757

• Borgata Casino (BetMGM)
  • Address: 1 Borgata Way, Borgata Casino, Atlantic City, N.J., 08401

• Ocean Resorts Casino Hotel (William Hill)
  • Address: 500 Boardwalk Atlantic City, N.J., 08401

• Bally’s Casino (Wild Wild West)
  • Address: 1900 Boardwalk, Atlantic City, N.J., 08401

• Harrah’s Casino AC
  • Address: 777 Harrah’s Blvd, Atlantic City, N.J., 08401

• Golden Nugget AC
  • Address: 600 Huron Ave, Atlantic City, N.J., 08401