Figures released Wednesday by the New Jersey Division of Gaming Enforcement show state sportsbooks recorded $959m in wagers last month, an increase of 78% year-on-year. Handle was down slightly from December 2020’s record high of $996m.
January revenue was up 29% y-o-y and shattered the previous record of $66m, also set in December 2020.
Approximately 93% of sports wagers were placed online, while retail sportsbooks generated handle of $72m.
The FanDuel Sportsbook at Meadowlands Racing & Entertainment accounted for $46.8m of last month’s sports betting revenue, with 89% ($41.8m) of its win coming via online wagers.
Resorts Casino Hotel’s partnerships with DraftKings and Fox Bet netted $15.7m of revenue, while Borgata and partner BetMGM finished third with $8.5m.
Basketball generated $320m of January’s sports betting handle, far outpacing second place football at $202m.
January online gaming revenue hit $104m, an impressive 88% increase y-o-y. Online casino play accounted for approximately $101m of iGaming revenue, while online poker generated another $2.8m.
Golden Nugget Online Gaming paced the way with $31.2m in iGaming revenue, but second-place Borgata/BetMGM were right behind with $28.7m. Golden Nugget was up 47% y-o-y, while Borgata improved 177%.
Resorts Digital Gaming/DraftKings/FoxBet/PokerStars, placed third at $22.8m.
