New Jersey sports betting revenue up 297% for October

Operators in New Jersey generated total gaming revenue of $293.9m for October, a 23% rise year-on-year.

Sports wagering revenue saw the biggest leap, rising 297% to $46.4m. Internet gaming also saw significant improvement as it increased 69% to $45.2m.  

Total sports wagering handle for October was $488m, up 87%.

Slot machine win was up 4% at $147.5m, table game win was $54.8m, down 6% and casino win increased just 1% to $202.3m.

These results bring the year-to-date total gaming revenue to $2.9bn, up 30%.

From the state’s individual operators, Resorts Digital took the most sports betting revenue, rising 107% to $10.6m.

Borgata saw the highest casino win revenue for October, totalling $51.5m, up 2%.   

Golden Nugget generated the most revenue from internet gaming, rising 72% to $16.6m.

Resorts went through one of the biggest drops in October; its casino win revenue fell 12% to $12.1m.

Topics
OnlineLand-BasedCasinoFinancialSports BettingIndustry
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Matthew Enderby
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Matthew Enderby is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to December 2019. During his tenure, he reported on breaking industry news, regulatory developments and market trends affecting the global gambling and iGaming sector, contributing authoritative coverage for both the Gambling Insider website and associated print titles.

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