The impact of mobile sports betting in New York might be showing in monthly NJ sports betting reports.
New Jersey sportsbooks reported $546.8 million in handle for August, down 17.7% from last year. Revenue hit $65.3 million, for $8.3 million paid in taxes, according to the monthly report released Friday.
August marked the fourth consecutive month of year-over-year handle declines for NJ. That has only happened once before: March 2020 through June 2020, when almost all major sports were shut down because of the Covid-19 pandemic.
Mobile New York sportsbooks, meanwhile, are doing a brisk business. The nine operators brought in $872.2 million in August, or 59.5% higher than New Jersey.
