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New Jersey Set to Overtake Nevada as Sports Betting Capital of the USA

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The US is contributing to a vast majority in the global sports betting market. And the country is still confused about which state is set to make the sports betting capital of the US. Some are preferring Gard State, New Jersey because it has legalized sports betting a few months ago. But the home of the Sopranos and Bruce Springsteen has already hinted towards Nevada as the sports betting capital of the US. There is a confusion among experts about which place is to be chosen for sports betting capital. According to the sports betting experts, New York’s neighbor, west of the Hudson River is pushed to take the crown from Nevada due to NFL this year. The NFL’s new season will kick off to open the floodgates of sports bettors which are spread from New York to Philadelphia.

New Jersey had last year handled sports gambling season from September to January and was worth $1.5 billion, even though sports betting became legal in the state in the last June. Nevada’s net worth from sports betting during the time period was $2.7 billion. But these numbers are not seemingly impressive because on-site sports betting has been legal in Nevada since 1949 and online since 2010. Although there is a huge difference between both states’ earning, but Nevada’s market value in terms of sports betting should be much more.

New Jersey took only 11 months to cross Nevada’s sportsbook wagers on a monthly basis, as the state has booked $318.9 million worth of sports bets in May while Nevada booked $318.3 million worth of sports bets. In July, New Jersey had done it again when its sports bets for the month were at $251 million while for Nevada’s figure was $235. Kostin is expecting that New Jersey will grow its lead more throughout the NFL’s 2019-20 season because New Jersey has more than double the online sports betting sites as compared to Nevada. The sports betting sites belonging to New Jersey are the highest traffic gainers in the world and they are currently operating throughout the world.

In the last year’s NFL season, New Jersey’s performance was not above the mark as the state was new in sports gambling. The state had only eight physical betting sites and seven online outlets for the last year NFL season. But this year New Jersey is going to offer 10 physical locations and 15 online sites for sports lovers across the world. New Jersey is about to launch five more online sites like Bet365 with enhanced features for the players.

Online sports betting is the part of the 80 percent of total wagers in New Jersey. 20 percent of them are placed by New Yorkers when they traveled through the state. Sports bettors are required physically to be in New Jersey to legally bet on games through some sports betting website, but a short trip through a train or car is acceptable. New Jersey sports betting market is handling more traffic and will surpass Nevada market because New Jersey has a larger local population as compared to Nevada and the state is a perfect marketplace than Nevada. New Jersey’s population is 9 million. That does not include 8.5 million nearby New York City people but the total population of Nevada covers 2.5 million people from New York City.

Sports betting has remained a popular indoor game in the US and Europe because most of the countries and states there have been running sports betting platforms since a long time. New Jersey is showing a tremendous development in terms of sports betting within a short duration and it is projected to surpass Nevada’s contribution to the sports betting. According to our personal opinions, and checking the facts and figures, we believe that New Jersey is set to become the sports Betting capital of the US.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Sports

Saguenay Man Won $1.2 Million at Casino Slot Machine

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A man from the Saguenay region surprised everyone when he parked himself in front of a slot machine on October 26th night. The man played a lot on the slot machine and then walked away from the slot machine as a millionaire. The man has not revealed his identity yet and has chosen to remain anonymous.

As he did not air his name, Loto-Quebec has said that the man who is a retired person won nearly $1.2 million. He bet only with $2.25 at a slot machine and won the staggering amount. He played on the slot machine in the Casino de Charlevoix during a visit to La Malbaie.

The jackpot won by the man is considered as the biggest jackpot in the casino’s history. Many other gamblers in the casino industry won significant jackpot amounts. But this jackpot is getting popularity in the casino world. The man’s luck favored him at the age of 50s. He got a stroke of luck after playing a Powerbucks casino slot カジノスロット that pushed him to collect up to $1,196,769.

The chief operating officer of the Casino de Charlevoix casino said that the winner was later welcomed into a private lounge at the gambling complex to celebrate the windfall with his family. His family was very happy over the precious victory.

The family celebrated the jackpot with a lot of happiness in the lounge. Quebec casinos and the Loto-Quebec website have been offering 15 prizes worth $1 million or more since 2016. Till now, every year, people have been winning large amounts but this year’s jackpot was above all so far.

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