en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
BettingQ
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos
No Result
View All Result
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos
No Result
View All Result
BettingQ

Sports Betting Handle Dips, But New Jersey Gaming Revenue Stays Flat In February

Editor by Editor
March 17, 2021
in Poker & Blackjack
0 0
0
Home Poker & Blackjack
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Advertisement Banner

Gross gaming income within the Garden State remained flat year-over-year in February as operators reported successful a mixed $288.3 million from the state’s gamblers, in line with numbers reported by the Division of Gaming Enforcement.

Those figures are almost an identical to the $287.3 million operators received in February 2020, up simply 0.3%. Once once more, it was the web gaming income that paced the market with $93.8 million in income. Online numbers had been up 80.4% in comparison with the $52 million received from gamblers a 12 months earlier.

In January, on-line playing made up one-third of the whole gaming income because the state noticed a 15.3% enhance year-over-year.

Sports betting income was up a whopping 171.8% year-over-year as books received $46.2 million. Sportsbooks earned that sum after dealing with $742.9 million in sports activities bets, which was good for a 6% maintain price. Even within the sports activities betting world, on-line has taken over with $689.2 million of the whole deal with wagered by means of a web-based or cell platform. Year-to-date, gamblers have guess $1.7 billion on sporting occasions with $1.575 billion of that coming on-line.

DraftKings was essentially the most profitable sportsbook in New Jersey with a $27.2 million in income. The firm has a brick-and-mortar sportsbook on the Meadowlands Racetrack however does most of its enterprise on-line.

Despite the Super Bowl happening in February, there was a large dip within the sports activities betting deal with from the prior month. In January, the whole quantity of sports activities bets accepted in New Jersey almost eclipsed the $1 billion mark. February’s deal with was down $253 million from the primary month of 2021.

Atlantic City’s brick-and-mortar market continued to battle in a post-COVID-19 world as stay on line casino income was down 32.1% with the 9 casinos combining to win $148.2 million.

Borgata was as soon as once more the highest-grossing on line casino within the state with $36.95 million in income. It held the highest spot, however these numbers represented a 35.8% drop from its numbers a 12 months in the past. Every different on line casino within the metropolis additionally posted a year-over-year decline. Those numbers might begin seeing an uptick quickly as Gov. Phil Murphy introduced a soothing of COVID-19-induced restrictions final week.

Golden Nugget noticed the most important proportion drop with $8.8 million in income, good for a forty five.6% dip in on line casino income. Hard Rock Atlantic City was the closest property to report a rise with only a 1.7% fall from final 12 months with $23.6 million.

However, Golden Nugget Online Gaming, a spin-off from Tilman Fertitta’s brick-and-mortar enterprise, was essentially the most profitable on-line on line casino within the state with $27.9 million. It edged out Borgata’s digital platform, which pulled in $25.7 million.

Through the primary two months of the 12 months, whole gaming income is up $634.4 million in comparison with $587.8 million in 2020. The distinction comes from the breakdown of that income with stay on line casino income down 24.8% and web gaming income up 84.5% over the identical timeframe.

 

 

 





Source link

Tags: CasinosGamblingNew Jersey
ShareTweetPin
Previous Post

Basketball Model LIVE BETTING THUNDERDOME(THE LAST STAND!) Winner Takes All – March 3, 2021

Next Post

Team batting first must adapt or lose

Next Post
Team batting first must adapt or lose

Team batting first must adapt or lose

Nick Howard Soul Reads Jesse Sylvia | Poker Out Loud Highlights | Season 2 – 4 | Solve for Why TV

Nick Howard Soul Reads Jesse Sylvia | Poker Out Loud Highlights | Season 2 - 4 | Solve for Why TV

Leave a Reply Cancel reply

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

BettingQ

bettingq.com will be a hub of info about Sports Betting and Table gaming which will include tips ,instruction and strategies.

Connect with us

Subscribe Newsletter

 

Loading
  • Home
  • Contact
  • Privacy Policy
  • Affiliate Disclosure
  • Terms and Conditions
  • Disclaimer

© 2020 All rights reserved.

  • Login
No Result
View All Result
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos

© 2020 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In