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NEWS 15 November 2019

New Jersey sports betting revenue up 297% for October

By Matthew Enderby

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.

RELATED TAGS: Online | Land-Based | Industry | Sports Betting | Financial | Casino
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