New Jersey’s gambling income surged 119.8% annually in March, with the state’s gambling oversight agency reporting expansion across athletic wagering, internet gambling, and brick-and-mortar casino sectors.
The total market earnings for the month were $359.3 million (£258.9 million/€298.9 million), a rise from $163.5 million in March of the previous year, although the 2020 figures were influenced by the closure of physical casinos and a lack of sports betting choices as events were canceled – both in line with coronavirus (Covid-19) limitations.
The sports wagering sector observed the fastest growth, with earnings increasing 360.9% annually to $60.8 million. Players placed a total of $859.6 million during the month, with $780.1 million wagered online and $79.5 million wagered at retail sportsbooks.
FanDuel and PointsBet were once again the market leaders in February at the Meadowlands, generating $31.3 million in revenue, up 125.4% annually, ahead of Resorts Digital and DraftKings at $14.1 million, followed by Borgata at $6.3 million.
Examining internet gambling for the month, earnings reached $113.7 million, up 75.4% from $64.8 million in March 2020. Online slots accounted for $111 million of the total, with the remaining $2.7 million attributed to peer-to-peer poker.
Read the complete report on iGB North America.
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