By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Innovate Change NewsInnovate Change NewsInnovate Change News
  • Finance & Legal
    • Finance
    • Legal
    • Lottery
  • Entertainment & Betting
    • Casino & Games
    • Esports
    • Sports betting
  • Industry Insights
    • Marketing
    • People
    • Social responsibility
    • Strategy
    • Tech & innovation
Search
2024 Innovate Change News. All Rights Reserved.
Reading: March records a staggering 119.8% YoY increase in New Jersey gambling revenue
Share
Sign In
Notification Show More
Font ResizerAa
Innovate Change NewsInnovate Change News
Font ResizerAa
Search
  • Finance & Legal
    • Finance
    • Legal
    • Lottery
  • Entertainment & Betting
    • Casino & Games
    • Esports
    • Sports betting
  • Industry Insights
    • Marketing
    • People
    • Social responsibility
    • Strategy
    • Tech & innovation
Have an existing account? Sign In
Follow US
2024 Innovate Change News. All Rights Reserved.
Home > Blog > Finance > March records a staggering 119.8% YoY increase in New Jersey gambling revenue
Finance

March records a staggering 119.8% YoY increase in New Jersey gambling revenue

Travis Chang
Last updated: April 19, 2021 8:19 am
Travis Chang
Share
1 Min Read
SHARE

Total market revenue for the month amounted to $359.3m (£258.9m/€298.9m), up from $163.5m in March of last year.

The 2020 figures were heavily impacted by land-based casino closures and a lack of sports betting options due to Covid-19 restrictions.

The sports betting segment saw significant growth, with revenue jumping 360.9% year-on-year to $60.8m.

Players wagered a total of $859.6m on sports during the month, split between $780.1m online and $79.5m at retail sportsbooks.

FanDuel and PointsBet at Meadowlands were the market leaders, posting $31.3m in revenue, up 125.4% from the previous year.

Resorts Digital and DraftKings followed with $14.1m, and then the Borgata with $6.3m.

Online gaming revenue for the month reached $113.7m, an increase of 75.4% from March 2020.

Online slots accounted for $111.0m of this total, with the remaining $2.7m attributed to peer-to-peer poker.

Read the full story on InnovateChange North America.

You Might Also Like

Light & Wonder gaming division boosts Q3 profits with multiple Dragon Train version developments, says CEO

DraftKings Reports Growth in Q3 Revenue, Faces NFL Struggles Leading to FY24 Downgrade

Super Group reports Africa as top revenue contributor in Q3 amid Betway’s US exit

Full House CEO expresses disappointment over Q3 financial results due to continued net loss

Kambi’s future bright despite near-term headwinds, says Becher

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Avatar photo
By Travis Chang
Travis Chang is a highly respected writer with a deep-seated passion for gambling and online gaming. With over a decade of experience in the industry, Travis has carved out a reputation for his insightful and well-researched content on casinos, sports betting, poker, and emerging trends in online gambling. His writing is celebrated for its clarity, depth, and ability to make complex subjects accessible and engaging for a wide audience. Travis's articles provide readers with in-depth reviews, expert strategies, and the latest industry developments, empowering them to make informed decisions and enhance their gaming experiences.
Previous Article Marketing-Affiliate-Focused Arena Racing Company Acquires Cearnsport, the Owner of Central Park Stadium
Next Article ANJ raises concerns about licensees’ social responsibility in player protection strategies
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

BC.Game faces licensing threat and bankruptcy controversy over gambling operations
Strategy November 27, 2024
Australian gambling syndicate takes advantage of banks and bookmakers
Strategy November 27, 2024
Andrew Yang highlights connection between sports betting and taxation
Sports betting November 27, 2024
Fatal road rage incident involving Uber driver on Vegas Strip connected to gambling dispute
Legal November 27, 2024
//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Follow US
2024 Innovate Change News. All Rights Reserved.
  • About Us
  • Contact
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?