New Jersey Sports Betting Boosted in January by Football Playoffs, According to AnalystsCat:未分類

ATLANTIC CITY, N.J., Feb. 13, 2019 /PRNewswire/ — New Jersey sportsbooks raked in nearly $400 million in bets in January as the nation’s bettors took advantage of the first opportunity to wager legally on the NFL Playoffs. January’s record $385.3 million manage, which netted $18.8 million in revenue, was up from the $319.2 million New Jersey’s retail and online sportsbooks collected in December. “January has historically been considered part of the offseason in Atlantic City, but the crowds in the city’s sportsbooks on NFL Sundays suggest differently,” explained Steve Ruddock, analyst for “In addition to creating a new revenue stream for your state, sports gambling is helping transform Atlantic City into a year-round destination.” New Jersey’s online sportsbooks accounted for $304.97 million, or 79 percent, of total bets in January. Sportsbooks made up the remaining 21 percent. That compares to 76 percent of total bets flowing through sportsbooks in December. New Jersey sports gambling revenue, or the”triumph,” was down 9.9 percent from $20.8 million in December. January’s results followed a slightly underwhelming Super Bowl performance, which ended with a $4.5 million loss for New Jersey’s sportsbooks on a handle only short of $35 million. “Super Bowl gambling didn’t quite reach expectations, but there were definitely some advantages,” said Dustin Gouker, lead sports betting analyst for “The NFL Playoffs generated significant activity in January, and anecdotal evidence suggests visitation to Atlantic City for the weekend of the Super Bowl was way up. All in all, it was a successful first season of the NFL for New Jersey’s sportsbooks.” DraftKings Sportsbook — that works under the Resorts license — fueled Resorts’ $6.9 million in January online gross earnings, up from $6.7 million in December. Resorts accounted for 48 percent of the state win for the month. FanDuel Sportsbook/Pointsbet was just behind with $5.9 million. FanDuel Sportsbook in The Meadowlands stays the dominant retail sportsbook, gaining $1.2 million in January gross revenue, down from $3.6 million in December. Monmouth Park’s $830,792 — followed in gross earnings fanDuel — which represents 36 percent of New Jersey triumph in January. “The struggle for market share, particularly in the internet market, will be interesting as the year plays out,” Gouker said. “FanDuel has obtained on DraftKings in the online market. But throughout the total NFL season, the smaller online brands have to make a substantial challenge to both dominant forces in the market.” LEGAL ONLINE CASINOS Legal online casinos created a record $33.6 million in January — up from $29 million in December — and $5.9 million in tax revenue. New Jersey’s online casino and poker industry could generate $400 million in revenue in 2019, according to “New Jersey’s online gambling industry grew almost 22 percent in 2018 and has grown 50 percent since 2016, and that growth will continue,” said Ruddock, direct online gambling analyst for “There are a few concrete reasons why. Two new casinos started in 2018 with online gambling, Atlantic City’s revitalization efforts continue to repay, the popularity of live dealer games that have added to an already strong portfolio of online casino games, along with the legalization and launching of New Jersey sports gambling.” For more, visit Concerning The Network: The Network and its state-focused branches (including and is a major source for news, analysis, and study related to the market for regulated online gaming in the U.S. Media Contact: Zack Hall, DVA Advertising & PR 541-389-2411 SOURCE Related Links Frontpage v3
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