FanDuel Scores a Big Sports Betting Win in Atlantic City

FanDuel continues to be the sports betting champion in New Jersey after the state posted another record-breaking month in September. Now the sports betting company intends to open an in-person sportsbook at Bally's in Atlantic City after Caesars Entertainment completes the sale of the casino.

New Jersey's racetracks and casinos saw more than $748 million wagered last month, easily surpassing the $668 million bet in August. Year to date, almost $3.3 billion has been bet on sporting events.

However, FanDuel's sportsbook at The Meadowlands Racetrack is far and away the biggest in the state, taking in $118.7 million in revenue over the first nine months of 2020, some 53% of the total (the handle is how much bettors wager; revenue is how much the gaming companies keep).

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Source Fool.com