This type of action is why legalized sports gambling has become one of America’s biggest growth industries, with epic gains for everyone from JB Smoove, star of both Curb Your Enthusiasm and Caesars Sportsbook’s ad campaigns, to any investor who saw this whole thing coming. Since PASPA was overturned, New Jersey has handled $18.992 billion in wagers.Ĭompare that to Nevada’s $16.836 billion. In the meantime, New Yorkers are flocking to New Jersey to place their bets, and in September, New Jersey grossed more than $1 billion in sports gambling revenue for the first time. NBA commissioner Adam Silver had been one of the first to advocate for legalization in a 2014 op-ed for The New York Times, and the NBA’s home state of New York will have legalized wagering before the end of the year if a number of functional obstacles and licensing issues can be worked out. NCAA, which has had the net effect of legalizing sports gambling in more than half of the United States. Chris Christie envisioned when he filed a lawsuit, Christie v. This is probably not what former New Jersey Gov. Guests at FanDuel Sportsbook’s betting kiosks (Photo by Chris Sheridan) Supreme Court overturned the Professional and Amateur Sports Protection Act ( PASPA) on May 14, 2018, and it is now a bustling sea of humanity on NFL Sundays, college football Saturdays, and any other time there is compelling sports on television.

They turned it into a sportsbook less than two months after the U.S. 1 sportsbook inside a building abutting the racetrack at the Meadowlands that, until 2018, was grossing most of its money from bar and bat mitzvahs. Chances are a bunch of folks there in the daytime can tell you, chapter-and-verse, about trotters and pacers.Īnd when those folks go home early in the evening, they cross paths with football, basketball, and baseball fans who want to have a little action on the night’s games and a cozy, comfortable place to watch them.įanDuel is operating America’s No. – When visiting the highest-grossing sportsbook on the East Coast, take a moment to stop and stare at the harness racing setup just inside the front door. From railbirds to football fanatics, a day at the highest-grossing sportsbook on the east coast brings together enthusiasts of all stripes - and drives record-breaking revenue.ĮAST RUTHERFORD, N.J.

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