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NEWS 15 August 2019

Mobile betting accounts for majority of New Jersey growth for July

By Tim Poole

Total gaming revenue grew 11% year-on-year in New Jersey for the month of July, to $334.4m.

Casino win of $277.2m was only 2% up, meaning digital contributions accounted for the majority of the Garden State’s increase.

The figures generated in New Jersey have so far provided a brilliant advert for the legalisation of mobile sports wagering; other states have followed suit but several more key market openings are still being anticipated.

Internet gaming win rose 52% to $39.3m, while sports wagering gross revenue was up more than four times over, to $17.9m.

For the year-to-date, New Jersey’s total revenue is up 23% to $1.93bn, with casino win up 11% to $1.54bn.

Internet gaming win has risen 55% to $256.8m, while sports wagering gross revenue currently stands at $127.5m.

All statistics are as reported by the New Jersey Division of Gaming Enforcement.

RELATED TAGS: Online | Sports Betting | Financial | Casino
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