New Jersey achieves total gaming revenue of $441.1m in November

Revenue from sports wagering saw a 29.9% decrease from the same month last year.

For the period ending November 30, the total amount of revenue brought in from gaming in New Jersey reached $441.1m, which is a 0.3% increase from the $439.6m that was reported in November 2021.

For year-to-date, total gaming revenue in the state reported by casinos, racetracks and their partners was $4.76bn, reflecting a 9.8% increase. 

The total for casino gaming totaled $214.6m for November of 2022 and was spread throughout nine casinos. This amount reflected a 3.7% rise compared to $206.9m for November of 2021. The year-to-date total was $2.57bn, a 9.7% growth when compared to the $2.34bn from last year. 

Gross revenue from sports wagering reported by casinos, racetracks and their partners in New Jersey totaled $80.4m for November 2022, which reflects a 29.9% decrease when compared to $114.8m in the prior period.

The year-to-date revenue reported by the locations was $675.3m, a 10.8% decrease when compared to $756.7m from last year.

Internet gaming win reflected a growth of 23.9% for the period ending on November 30, 2022. For the month, the state brought in $146.2m compared to $118.0m for the same period last year. The total for the year-to-date period was reported at $1.51bn, growing 22.5% compared to $1.23bn from November 2021.

Meadowlands Racing and Entertainment was the top sports betting licensee in New Jersey in terms of monthly revenue for November, the racetrack and online sportsbook partners FanDuel, PointsBet and SuperBook Sports generated $48.8m during the month. 

Ricky Gray

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