New Jersey Sports Betting Handle Drops to $743 Million in February

by Natasha Lyndon - Thursday, March 18th, 2021 12:21


New Jersey Devils
New Jersey Devils

The latest report from the Office of the Attorney General reveals that New Jersey sportsbooks posted a sports betting handle of $743 million in February.

February’s handle was the lowest since August 2020 marking a 22.5% drop from January’s sports betting handle of $958.7 million.

Along with its betting partners FanDuel Sportsbook and PointsBet, Meadowlands once again dominated the market with a sports betting revenue of $27.2 million.

By comparison, the closest competitor, Resorts Digital and its partners DraftKings and FOX Bet, generated only $7.7 million.

BetMGM, affiliated with The Borgata generated $5 million in revenue.

Retail sportsbooks accounted for very little as 92.8% of all New Jersey betting during the month of February was carried out online.

 

Image credit: kpkelly53 / CC BY-NC 2.0

Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.