New Jersey’s monthly sports betting figures continue to leave many longtime gaming industry figures a bit slackjawed, with September’s U.S. record $1 billion in betting handle obliterated by a $1.3 billion handle last month.
David Rebuck, the director of New Jersey’s Division of Gaming Enforcement for the past decade, recently appeared on the weekly “Gamble On” podcast to discuss sports betting and online casino issues — including how the latter launched in 2013, as well as the division’s stance on sportsbooks limiting “sharp bettors.”
“As a regulator, I made a commitment to Governor [Chris] Christie, and also to Governor [Phil] Murphy, that New Jersey is going to be the leader in the [sports betting] industry,” Rebuck said in the midst of a 30-minute interview. “My mission is that we’re always going to be that top dog, and if you’re going to hold yourself out as the top regulator, the top overseer, and be at that pinnacle, then you’d better deliver on that promise.
“The only way you can deliver is making sure your staff understands the mission and how we need to work together to push the envelope. And not just handle, but the leader in the industry in the U.S. — and even worldwide — to tell people how to effectively oversee this industry. If you measure success just by handle, then I think you are missing the big picture.”
Still, handle is the most eye-catching number, Rebuck acknowledged. New #GambleOn ! NJ DGE Director David Rebuck joins us to talk about NJ’s huge gambling numbers, online casino outlook, and more, plus @BergenBrennan & I cover October handle records, the WSOP Main Event, California progress, and a Fast Five body switch: https://t.co/nhEpqMXbSd — Eric Raskin + (@EricRaskin) November 18, 2021 How New Jersey got to be No. 1
“New Jersey should not be the leader in U.S. sports betting handle, although there are various reasons why,” added Rebuck, a longtime assistant state attorney general who aided Christie on his transition team before being nominated for his current role. “There are other states with millions and millions of more people, and they should […]
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