Published
OnlineCasinoFinancialSports Betting

New Jersey January revenue up 25%; sports betting handle highest yet

Sports betting in New Jersey enjoyed its most active month to date in January, with $385.2m wagered during the first month of 2019.

newjersey

The New Jersey Division of Gaming Enforcement has released its financial report for January, which shows total gaming revenue grew 25% year-on-year to $229.6m.

Of this revenue, $177.3m was generated from casino win – a 9% increase – and internet gaming win grew a substantial 53% to $33.6m.

Sports wagering revenue was $18.8m, which is 10% less than New Jersey’s sports betting revenue in December 2018.

However, sports betting handle was a sizeable $385.2m (the highest monthly figure to date), with $80.3m wagered on-site and $305m bet online.

American football accounted for $7.6m in revenue for completed events and $82m in handle.

Interestingly, though, the handle for basketball was significantly higher ($135.6m) but revenue was just $1.7m.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Gaming Inspection and Coordination Bureau (DICJ)
Bragg Gaming
Crown Melbourne
Resorts World Las Vegas
Crown Melbourne
Follow Us

Facing facts: FY revenue figures reflect a turbulent '24

Who soared high and who fell behind in 2024? Gambling Inside...

Taking stock: Moving through to Q2

Gambling Insider tracks online casino operator and supplier...

Preview: This year's Global Gaming Awards Asia-Pacific and Americas

It’s that time of year once again, as the Global Gaming Aw...

Costa Rica: Effective regulation is the industry's path forward

Gambling Insider Senior Staff Writer Beth Turner spoke with...

Preview: Global Gaming Awards Asia-Pacific 2025

The Global Gaming Awards Asia-Pacific’s highly anticipated...

Preview: SiGMA Manila 2025

The return of the Philippines’ annual summer gaming summit...

Company profile: Gameplay Interactive

A multi-currency & multilingual white-label and turnkey solu...

Company profile: Lynon

Expertise & commercial flexibilities: In the ever-changing l...