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Data: Legal Sports Report; Chart: Andrew Witherspoon/Axios

New Jersey's sports betting market shattered its own national record in September, taking in nearly $749 million in bets.

By the numbers: Online bets accounted for 90.7% of September's handle ($678.7 million). FanDuel Sportsbook/PointsBet topped the market with $25.1 million in gross revenue.

The state now holds two of the five largest handle months in legal U.S. sports betting history:

  1. New Jersey: $748.6 million (September 2020)
  2. New Jersey: $667.9 million (August 2020)
  3. Nevada: $614.1 million (November 2019)
  4. Nevada: $596.7 million (March 2019)
  5. Nevada: $581.0 million (November 2018)

The big picture: New Jersey was the third state to legalize widespread sports betting after the repeal of PASPA in May 2018. Since then, it has accepted over $9 billion in wagers, yielding over $68 million in tax revenue for the state.

Go deeper

Biden's extreme weather message: code red

President Biden tours a neighborhood today in Manville, New Jersey, that was hit by the remnants of Ida. Photo: Mandel Ngan/AFP via Getty Images

President Biden demonstrated during visits Tuesday to flood-ravaged New Jersey and New York that he's keen to link recent extreme weather events with calls to tackle climate change.

Why it matters: It could convince more resistant audiences about the seriousness of global warming and also fuel the case for some of those major infrastructure investments Democrats have been promoting.

Biden approves federal aid for New York, New Jersey after deadly flooding

Cars sit abandoned on the flooded Major Deegan Expressway in the Bronx following a night of heavy wind and rain from the remnants of Hurricane Ida on Sept. 2. Photo: Spencer Platt/Getty Images

President Biden on Sunday approved disaster declarations for New York and New Jersey, directing federal aid to areas hit with deadly flooding last week as the remnants of Hurricane Ida swept through the region.

Why it matters: The move comes ahead of Biden's scheduled visit to the states on Tuesday to survey the destruction. The storm killed more than two dozen people in New Jersey and at least 13 in New York City, AP reports. Several others were killed in neighboring states.

2 hours ago - Politics & Policy

Congress hunts for shortcut to pass defense funding, debt limit combo

Senate Majority Leader Chuck Schumer returned to his office Monday. Photo: Anna Moneymaker/Getty Images

The scramble in Congress to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.

Why it matters: The House and Senate are rapidly coming up against a series of deadlines they must address before the end of the year — or risk disrupting crucial military funding and upending the economy. Congressional leaders are now hoping they can knock out both "must-pass" priorities in one, complex swoop.