Published
OnlineCasinoFinancialSports Betting

New Jersey gaming revenue enjoys sharp rise for February

Total gaming revenue in New Jersey rose 26% year-on-year to $241.2m for February.

NewJersey

In the Division of Gaming Enforcement’s latest figures, the regulator was able to report a 16% growth in casino win to $196.7m and a 44% increase in internet gaming win to $31.7m.

Sports wagering gross revenue was $12.7m, a fall from January’s figures of $18.8m, despite the Super Bowl taking place in early February.

Sports betting handle was $320.4m, also a drop from January’s total of $385.2m. Of this handle, $61.5m came from on-site retail wagering and $258.9m from online betting.

Elsewhere, New Jersey casinos accepted wagers on the Oscars both online and on-site, total handle from which reached $748,000; 24% of this turned into industry revenue (around $180,000).

For the year to date, New Jersey’s total gaming revenue has increased 25% to $479.8m, with casino win increasing 13% to $374m and internet gaming win rising 49% to $65.3m.

Total sports wagering gross revenue for 2019 so far amounts to $31.5m.


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Relax Gaming
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...