Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / ERI - Strong month for sports betting helps New Jersey to positive September

ERI - Strong month for sports betting helps New Jersey to positive September

Caesars Entertainment Inc (New) Com
The handle for New Jersey's online and retail sportsbooks soared 68% to $748.6M in September. 91% of the total sports bets were placed online. Sports wagering revenue of $45.1M was recorded by operators. "September was a once-in-a-lifetime moment on the sports calendar when all four major U.S. sports were playing meaningful games all at once, which was obviously a boon for sportsbooks," says PlayNJ.com lead analyst Dustin Gouker. FanDuel (PDYPY) Sportsbook/PointsBet topped the market with $25.1M, Resorts Digital/DraftKings/Fox Bet (DKNG) churned up $4.8M and BetMGM/Borgata recorded $3.7M in revenue. Total gaming revenue in New Jersey including slots, table games, other casino games, Internet gaming and sports betting was up 6.5% to $323.3M in September. Brick-and-mortar casinos in the state include Caesars Atlantic City Hotel & Casino (CZR), Tropicana Atlantic City (ERI), Bally's (TRWH), Golden Nugget (owned by Landry's), Harrah's (CZR) and Borgata (MGM).

For further details see:

Strong month for sports betting helps New Jersey to positive September
Stock Information
Company Name: Caesars Entertainment Inc (New) Com
Stock Symbol: ERI
Market: NASDAQ
Website: caesars.com/corporate
Menu
ERI ERI Quote ERI Short ERI News ERI Articles ERI Message Board
Get ERI Alerts

News, Short Squeeze, Breakout and More Instantly...