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U.S. Sports Betting Market: Could New Jersey Eclipse Nevada To Become No.1?

Roger Aitken Bettors play slot machines at Dover Downs Casino on June 5, 2018 in Dover, Delaware. Delaware is the first state to launch legal sports betting since the U.S. Supreme Court decision to lift a 25-year old federal ban. (Photo: Mark Makela/Getty Images). The ever-optimistic Director of the New Jersey Division of Gaming Enforcement (DGE), David Rebuck , made a bold proclamation late this July when he told  Gambling Compliance  website that his goal is for the Garden State to be the top sports betting market in the United States (U.S.). Well, could it happen? Bordered on the north and east by the state of New York ,  to the east by the Atlantic Ocean, on the west by Pennsylvania and Delaware to the southwest, New Jersey is the  fourth-smallest state  by area but the  11th-most populous , with around 9 million residents as of 2017. It also has the  most densely populated  of the fifty U.S. states and was the third-wealthiest state by median household income as of 2016. While New Jersey would find it a tall order to support a bigger sports betting market than New York or California, should those states go live, overtaking Nevada is “not nearly as far-fetched" as it might sound according to Adam Small, President and chief analyst at DGS Media, which tracks and analyses New Jersey’s emerging sports betting and online gambling industry through its website,  NJOnlineGambling.com .

For the original version including any supplementary images or video, visit https://www.forbes.com/sites/rogeraitken/2018/08/12/u-s-sports-betting-market-could-new-jersey-eclipse-nevada-to-become-no-1/

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