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We've done our best to create an environment where they're able to at least feel comfortable being in here and be socially distanced so I don't think the excitement is any different. I think, if anything, the excitement is more this year than it was last year.
Andrew Kleiman is the Senior Director of Operations for the sportsbook. It is the largest sports betting operation in the country, and part of the dramatic growth of the industry in New Jersey since becoming legal. When we were able to open up, it almost was like a perfect storm where all the sports came back, and people actually wagered more than they did last year. So needless to say, it was a really good year for us. The growth has also been driven by the fact that in New Jersey, you don't have to physically be here, you can just use your phone.
In fact, more than 90 percent of the wagers in New Jersey are done online. It's part of a huge change since New Jersey led the effort nationally to legalize sports gambling outside of Nevada. As Newshour Weekend reported back in , boosters of sports betting in the Garden State had been pushing to legalize the practice for years.
In central New Jersey one racetrack even preemptively built out this space in anticipation of the rules changing. In May of , the Supreme Court struck down a law that had prohibited it. Today, 20 states and Washington D. We're unlikely to see another expansion of gambling that occurs this rapidly for a generation, if not more.
Chris Grove is a partner at Eilers and Kreijek Gaming, an independent research firm that follows the industry. I think that it's certainly possible that we could see the number of states where sports betting is available crest over 30 by the end of the year. Some of that increased interest in state legislatures does come from the budgetary pressures brought about by the global pandemic.
But to be honest, much of that momentum was already existing in state capitals. But Grove says this will change as the industry matures and more states legalize sports betting. It is a temporary crown, unfortunately, for the good folks in the Garden State.
Generally speaking, with some exceptions on the margins, the largest states from a sports betting revenue perspective are going to be the states with the largest populations. Grove also says that the growth has come as media and sports leagues themselves have embraced gambling. Information on betting odds are now displayed on the ticker on networks like ESPN, and media companies and teams have official gambling partners, and feature betting content during games.
I think you're also going to see those partnerships continue to deepen and you are going to see increased integrations, whether it's some of the more subtle things, or more all-in integrations like like custom blocks of content that are gambling first and sports second. I don't think it's overstating it to use the word ubiquitous. I think you are going to see that kind of ubiquitous integration.
I think it's going to be an interesting dialog between sports teams, leagues, betting operators, consumers and, of course, regulators who do have a history in the US of weighing in on what kind of advertising, in what context is appropriate.
Back in New Jersey, despite the availability of online betting, Andrew Kleiman says many people still prefer to place bets in person, which is the only way to use just cash. While there's a lot of focus on who will win the game, Kleiman says keep an eye on the pregame coin toss: it's one of the most popular bets not related to the game's outcome.. It's a opportunity.
And it's just one of those things that you sit there and you just hope for the best, but you also want your customers to win too. And in case you're wondering, as of yesterday, the heavy favorite in terms of money wagered at least, was tails.
Connie Kargbo has been working in the media field since producing content for television, radio, and the web. As a field producer at PBS NewsHour Weekend, she is involved in all aspects of the news production process from pitching story ideas to organizing field shoots to scripting feature pieces.
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