New Jersey betting revenues up 59% YoY as NFL returns
Meadowlands license, including FanDuel and PointsBet, continues to lead the market with a 45% share
New Jersey sportsbooks handled a record $446m in bets in September, according to new figures from the DGE, with operators holding around 8.5% of wagers for $37.9m in revenue.
The September revenues marked a 59% increase year-on-year and a more than 50% uptick month-on-month thanks to the start of the NFL season.
More than 84% of bets were made via mobile, down slightly from August.
The Meadowlands license, including FanDuel and PointsBet, continued to lead the market with monthly revenues of $16.9m – good for 45% market share.
The Resorts license, including DraftKings and Fox Bet, came in second place with $10.7m in revenues and a 28% market share.
William Hill and the Monmouth Park license had revenues of $3.6m, slightly ahead of Ocean Resort at $3.1m.
On the online casino side, revenues continued to climb, growing 63% year-on-year to $39.5m.
Online poker grew 2% YoY to $1.6m.
The Golden Nugget license, which also includes FanDuel casino revenues, was the market leader with $15.6m, ahead of Resorts Digital at $8.9m.
Resorts online gaming revenues were up 160% year-on-year, thanks in part to the expansion of the DraftKings casino product.
The Borgata license had the third-largest online gaming revenues at just under $7m.
For more information on New Jersey, visit EGR North America’s Sports Betting Tracker here.