Summary New Jersey Sports Betting News and Updates From 2024

Every year, the JustGamblers team updates our New Jersey sports betting page to provide local bettors with relevant news and information that may affect them.
Patrik Lidin
Writer: Principal Writer and Editor / Head of Content
Experience: Sports Trader, Market Maker, Product Owner Sportsbook, Professional Gambler, Poker Player
Reviewed by:   Expert review board
Table of Content

Last year, in 2024, the news headlines were dominated by reports of declining revenues, while at the same time, leading sportsbooks were churning out new features, and marginalized operators were forced to leave the Garden State.

We have collected all news from 2024 on this page, and we continue to cover the state of New Jersey and update the sports betting pages with news from 2025.

JustGamblers’ New Jersey Sports Betting News and Updates From 2024

  • December 17, 2024: New Jersey’s November sports betting handle was $119 million in revenue.
  • November 19, 2024: The New Jersey sports betting handle dropped 16% in October, but exceeded $10 billion so far this year.
  • November 12, 20The ​​24: Bally Bet Sportsbook & Casino app is launched in New Jersey, combining the functionalities of the existing Bally Casino app and the Bally Bet Sportsbook app.
  • October 30, 2024: DraftKings is reportedly laying off 100 New Jersey employees as it closes its Atlantic City live dealer casino studio.
  • October 18, 2024: The yearly sportsbook handle dropped 16.7% in New Jersey with $119.6 million in revenue.
  • October 9, 2024: YoY sports betting handle was down 3.7% in August with $698.8 million.
  • October 7, 2024: To elevate fan engagement and enhance brand awareness in the 2024-25 season, PlayStar partnered up with the NHL team New Jersey Devils.
  • October 2, 2024: NJ Bill A41,13, which aims to prohibit sports wagering partnerships between sportsbooks and colleges, is viewed unfavorably by the Assembly Higher Education Committee.
  • September 25, 2024: Fanatics Sportsbook’s new retail sportsbook is now open at the Ocean Casino Resort in NJ.
  • September 23, 2024: Speaking to the Associated Press, the President of Resorts Digital, Mark Giannantonio, said that Boyd Interactive had acquired the online gambling arm of Atlantic City’s Resorts casino.
  • September 16, 2024: August YoY revenue falls 35% in New Jersey.
  • September 9, 2024: The New Jersey Division of Gaming Enforcement fines Bet365 $33,000 because they’ve accepted bets for banned events and already-completed games.
  • September 5, 2024: Fanatics is opening its retail sportsbook at Ocean Casino Resort in Atlantic City.
  • August 27, 2024: New Jersey’s sports betting handle is down 12.2% from June’s $652.3 million but still managed to set a new July-month record at $80 million.
  • August 21, 2024: After the repeated issue of underpaying taxes, Borgata Casino reached a settlement with the New Jersey Division of Gaming Enforcement of paying $75,000.
  • August 16, 2024: YoY revenue increase is 31% in July with $652.3 million.
  • August 8, 2024: Bally Bet Sportsbook plans to launch in New Jersey by the end of 2024.
  • August 5, 2024: Gaming regulators force bet365 to refund 199 bettors for incorrectly voided wagers going back to 2020.
  • July 31, 2024: Betway Sportsbook is leaving New Jersey and no longer accepts bets.
  • July 22, 2024: Hard Rock Bet launches its first-ever omnichannel slot game online and in-person.
  • July 22, 2024: SuperBook is closing down in New Jersey, but existing customers can still withdraw their funds. With SuperBook’s exit, 14 sportsbooks remain active in the state.
  • July 17, 2024: New Jersey’s sports betting revenue continues to decline this summer with a 9.5% year-over-year profit decrease (the sports betting handle was $748.8 million in June).
  • July 17, 2024: NYRA Bets to manage New Jersey's online and mobile system for horse race betting, which also opens up for more horse racing platforms to enter the Garden State.
  • July 11, 2024: Betway announced that Betway Sportsbook is exiting the U.S. While Betway Casino continues to operate in New Jersey and Pennsylvania, sportsbook bettors cannot make deposits or bets after July 31.
  • July 12, 2024: FanDuel is fined $2,000 for accepting bets on pre-recorded mixed martial arts fights in New Jersey.
  • July 11, 2024: Betway announced that Betway Sportsbook is exiting the U.S. While Betway Casino continues to operate in New Jersey and Pennsylvania, sportsbook bettors cannot make deposits or bets after July 31.
  • July 8, 2024: DraftKings is fined $100k by the New Jersey Division of Gaming Enforcement because of inaccurate sports betting data reports.
  • July 4, 2024: Assemblyman Michael Venezia introduced a new constitutional amendment that allowed in-state college sports betting.
  • July 2, 2024: New Jersey lawmakers approved two new horse betting bills. Assembly Bill A2610 and Senate Bill S320addds a $20 million subsidy to the annual funding.
  • June 26, 2024: After the BetMGM acquisition, Tipico will shut down its operations in the Garden State.
  • June 25, 2024: Prophet Exchange was shut down in New Jersey and will reopen with a more user-friendly platform.
  • June 20, 2024: New Jersey is the first state in the U.S. to approve wagering on CarJitsu, a professional league for jiujitsu-ing in a car.
  • June 14, 2024: A New Jersey tax preparer was sentenced to 57 months in prison after making fraudulent filings to receive tax refunds, claiming he won millions of dollars gambling and playing the lottery.
  • June 12, 2024: The New Jersey Division of Gaming Enforcement reported that Prophet Exchange has exited the New Jersey market.
  • June 3, 2024: Fixed odds horse racing betting is launched in New Jersey thanks to the collaboration between BetMakers and bet365.
  • June 3, 2024: Illegal gambling reportedly claimed untaxed profits of $9.5 billion in the states of New Jersey, New York, and Minnesota.
  • May 27, 2024: New Jersey’s YoY was up 25% in April with a $1.04 billion sports betting handle.
  • May 22, 2024: According to the Division of Gaming Enforcement, the reported Net Revenue for the first quarter of 2024 is $769.9 million, a 1.8% increase over the same period last year.
  • May 8, 2024: PointsBet was replaced in New Jersey, and the Fanatics Sportsbook brand entered the sports betting arena.
  • May 7, 2024: During the East Coast Gaming Congress in NJ, Soo Kim (Bally’s Chairman) admits that the company has made sports betting mistakes and is now partnering with Kambi to improve its services.
  • April 18, 2024: PointsBet (now owned by Fanatics) hauled more profits in New Jersey than DraftKings in March, surging ahead of the sports betting giant.
  • April 18, 2024: New Jersey’s handle rises almost 50% YoY in March.
  • April 16, 2024: A new bill to ban betting on NCAA player props in NJ is introduced.
  • April 10, 2024: The State Senator of New Jersey, Kristin Corrado, talks about legislation that could prohibit college player prop betting statewide.
  • April 9, 2024: An announcement is made by Unibet that it will exit the NJ sports betting market on the 14th of May. Bettors can place wagers up to the 5th of May and have to withdraw their funds by the 14th of May.
  • April 3, 2024: As the Prime Sportsbook brand launches, an “American-style” sportsbook enters the sportsbook arena in New Jersey.
  • April 1, 2024: NJ launched Prime Sportsbook (only available on desktop). Now, there are 17 sportsbooks in NJ.
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