An NJ sports betting trend not seen since the sports world shut down for COVID-19 crept its way back into story.
Sportsbooks reported $531.9 million in handle and $45 million in revenue last month, according to the July revenue report released Tuesday afternoon.
That marked the third straight month that handle fell year-over-year. Outside of the March through June 2020 period, the only other time NJ sportsbooks ever reported a year-over-year dip in handle was August 2021.
How steep are NJ sports betting declines?
The handle declines started in May, when sportsbooks took $766.4 million in bets. That was down 5.9% from $814.3 million last May.