New Jersey December 2022 revenue up 13%

The New Jersey Division of Gaming Enforcement has reported total gaming revenue for casinos, racetracks and their partners of $454.8m for December 2022, a 13% increase from the $404.1m reported in December 2021.

Listen To Article

Total gaming revenue for the year-to-date amounted to $5.21bn, up 10% from the $4.74bn reported in the prior-year period.

Casino win – which includes nine casino hotel properties – for December 2022 was $215.6m, a 2% increase from the prior-year period. Year-to-date casino win for the properties amounted to $2.79bn, reflecting a 9% year-on-year growth.

Internet gaming win by casinos and their partners for December 2022, meanwhile, grew 14% year-on-year to $151.5m. The vertical also reported growth for the year-to-date period, climbing 22% year-on-year to $1.66bn.

And sports wagering revenue of casinos, racetracks and their partners increased by 49% to $87.7m in December 2022. It did, however, decline for the year-to-date period, decreasing by 7% to $763m.

The Meadowlands – where Flutter’s FanDuel, PointsBet and Superbook operate – led sports betting revenue market share at 50.4%, with Resorts Digital – where DraftKings and Flutter’s Fox Bet operate, following at 25%.

Last month, the New Jersey Division of Gaming Enforcement reported that November 2022 saw total gaming revenue in the state reach $441.1m. This marked a slight increase of 0.3% when compared to the $439.6m reported for the same period in 2021.

The state played host to many launches at the end of 2022, with PlayStar launching an iGaming casino app and BetMGM agreeing a deal with Play’n Go in New Jersey in October. Greco then registered as a vendor in the state in November.

Premium+ Connections
Premium Connections
Executive Profiles
MGM Resorts Japan
Hann Casino Resort
Bloomberry Resorts Corporation
Sightline Payments

Global Gaming Awards Asia: What to expect in 2023

Gambling Insider looks ahead to the Global Gaming Awards Asi...

The power of the rebrand

With the help of industry experts, Gambling Insider Editor T...

Evolution Europe CEO Gionata La Torre: The Italian job

Evolution Group’s new CEO Europe, sits down with Gambling...

Big Question: How can slots innovate from here?

Simon Hammon, CEO of Relax Gaming, Erkki Nikunen, Partner &...

Read Magazine