The anticipated launch date of Barstool Sportsbook in New Jersey has long passed. But, Garden State Stoolies still have no idea when the app will arrive.
Earlier this year, Penn National Gaming CEO Jay Snowden said he was targeting an NJ online sportsbook for the end of May. That was the last public comment about a NJ Barstool Sportsbook app.
NJ Gambling Sites reached out to PNG for an update. The regional gaming operator has yet to respond.
NJ’s 19 online sportsbooks and 12 retail betting shops already offer players a variety of options. By the time Barstool Sportsbook goes live in NJ, they will be playing catch up to the market’s established leaders — FanDuel, DraftKings, BetMGM, and William Hill.
NJ neighbors already have Barstool Sportsbook
Penn National is co-owner of Barstool Sports. The company also owns half of Freehold Raceway with Greenwood Racing.
PNG and Freehold are using one of the NJ racetrack’s three online betting skins for a Barstool-branded product.
PlayUp, an Australian-based operator, will also be using Freehold’s license for NJ sports betting.
Barstool Sportsbook is currently available in Pennsylvania, Michigan, Illinois, and Indiana.
NJ gaming regulators hold all the cards
Assuming PNG and Greenwood have all their ducks in a row, it’s reasonable to expect Barstool Sportsbook will be live in NJ by the start of the 2021 NFL season.
Ultimately, the New Jersey Division of Gaming Enforcement will have the final say. The NJDGE is notoriously deliberate and won’t rush a licensing approval simply because the biggest betting months of the year are approaching.
Welcome to the Big Leagues, Stoolie
Another fair conclusion is Barstool Sportsbook will be joining the nation’s largest sports betting market.
Since June 2018, NJ sportsbooks have taken more than $15.97 billion in legal sports wagers. Nevada’s sportsbooks have taken just under $15.5 billion in wagers over the same time period.
In May — typically a slower betting month — NJ sports gamblers wagered more than $814 million. NJ sportsbooks reported just under $53 million in revenue.
Lead image via Ameristar Blackhawk.