New Jersey just set a record for sports betting for the month of January with $540.1 million wagered, while sportsbooks saw their revenue rise nearly threefold to $54 million for the month.
While the NFL's Super Bowl championship game played on Feb. 2 undoubtedly had a lot to do with the amount of money wagered, the state has become the country's sports betting capital since the Supreme Court struck down the federal law prohibiting wagers on sports in 2018. Now New Jersey is looking to capitalize on that by expanding into esports.
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