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

December 19, 2022
By
Leer en Español

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. 

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.