New Jersey Set a June Betting Record During the World Cup. The Sportsbooks Lost the Month Anyway.
New Jersey handle hit a June record $917M during the World Cup, but hold collapsed to 6.24% and revenue fell 38% to $57.3M. State tax slipped despite the 19.75% rate.
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Combined trading volume across the two largest prediction-market platforms surged 75% in June to $44.8 billion, a record for the sector, as
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