Gambling

New Jersey Sports Bets Set Record

The numbers from March are in, and New Jersey sports bets have broke the $1 billion mark. That’s the sixth consecutive month that the state has been able to break the billion dollar mark. Casinos in the state handled $1.12 billion in bets, driven mostly by the NCAA March Madness basketball tournament, according to the state Division of Gaming Enforcement. Ironically, bettors in New Jersey could not place money on St. Peter’s of Jersey City, as their is a prohibition of betting on in-state collegiate programs. St. Peter’s became the first 15 seed to advance to the Elite Eight when…

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