New Jersey Sports Betting Activity on Track to Top $10 Billion Following Busy November

by Olivia Richardson - Friday, December 17th, 2021 9:52

New Jersey sports betting

The New Jersey Division of Gaming Enforcement has released its latest monthly revenue report revealing that sports betting operators in the state accepted over $1.25 billion in wagers throughout the month of November.

November was the third month in a row that licensed sportsbook reported receiving over $1 billion in wagers although the latest figures did show a slight drop of 3.84% on the previous month’s handle of $1.3 billion. It’s looking likely that 2021 will be the first time that sports betting in New Jersey breaks the $10 billion threshold as November’s figures bring the year-to-date total to $9.7 billion.

Mobile sportsbooks accounted for a 91.1% share of all sports betting activity with a combined handle of $1.14 billion. This brings the year-to-date total for online sports betting to $8.83 billion.

Meanwhile retail sportsbooks reported accepting just over $114 million in wagers, a drop of 8.21% on the previous month’s total of $124.2 million. As a result, combined sports wagering revenue from both online and retail sportsbooks amounted to $114.8 million.

Casinos in the state reported a gaming win of $206.9 million, down 12.88% on the previous month. Of this total, $118 million was attributed to internet gaming.

Olivia Richardson

Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.