The newly-legalized sportsbetting industry in New Jersey reportedly generated some $16.4 million in wagers last month led by the performance of the sportsbook operation offered by the eastern state’s Monmouth Park Racetrack.
According to a Friday report from G3Newswire, last month saw New Jersey become the second state after Delaware to take advantage of a May ruling from the United States Supreme Court that invalidated the previous Professional and Amateur Sports Protection Act (PASPA) federal prohibition, which had largely limited sports wagering to Nevada. Monmouth Park Racetrack and Atlantic City’s Borgata Hotel Casino and Spa subsequently began offering sportsbetting from June 14 while the recently-opened Ocean Resort Casino soon followed suit by launching a sportsbook of…