More States Consider Legalizing Sports Betting as New Jersey Takes Over Top Spot

Nevada was once the sports betting capital of the country, but since 2018 after the Supreme Court struck down a 1992 law that banned the practice nationwide, New Jersey has taken over the top spot. The Garden State raked in more than $15 billion in betting revenue between June 2018 and May 2021 with no signs of slowing. Much of that success can be attributed to a number of sportsbook companies being headquartered on the East Coast. With states dealing with harsh financial struggles as a result of the pandemic, more are opening up to legalizing sports betting.
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