A handful of brands are making their NJ debut. With Caesars Sportsbook and 888sport being the sixth and seventh, BetStars is the eighth online New Jersey market betting platform. The Stars Group already operates BetStars abroad. Last in the line of European companies to enter the US, it completed the acquisition of SkyBet for the staggering amount of $5 billion!
BetStars joined PokerStars NJ and PokerStars Casino, licensed under Resorts AC. Parties formed a beneficial relationship, announced last month, which will allow customers to use all of their services under a single account.
While new to the market, the platform is rather polished. It sports a broad list of sports and bet types. The minimum bet goes as low as $0.01, a record low in the market.
Some of these concepts migrated into the BetStars platform. A version of the Spin & Go poker game is now available as Spin & Bet. It allows bettors to risk a part of their funds for a higher payout. Spin & Bet is only available for specific events, awarding a player with an incredible 10x multiplier.
Another Chance for NJ Sports Bettors
Currently, NJ sports betting is available on several properties—six Atlantic City casinos and two racetracks offer on-site sports betting. What’s more, this is the eighth online/mobile app platform available for NJ punters.
August marked an industry high, with online revenue accounting for a total of a third for the whole industry. And even higher revenue margins are predicted for the following year. With licensed NJ properties able to form up to three online relationships, it opens room for dozens of businesses in the marketplace. So far we have BetStars and seven other NJ sportsbook operators—an abundance of options for all NJ punters!