Browse articles by topic

New Jersey sees record Super Bowl win


New Jersey’s sportsbooks saw record Super Bowl win of more than $12m for this year’s championship game, while strong sports betting figures saw a rise in total gaming revenue during January.

According to preliminary figures issued by the New Jersey Division of Gaming Enforcement (NJDGE), the state’s 12 retail sports books and 27 sports wagering mobile sites brought in $109.3m for the NFL championship game, which was down 23.9% on 2022.

Projected total sports wagering payout is $96.5m, leaving win of $12.8m for the sports wagering books, which is up 64.1%. Favourites Philadelphia Eagles were defeated by Kansas City Chiefs in the game at State Farm Stadium in Glendale, Arizona on 11 February.

During the month to 31 January 2023, total gaming revenue reported by New Jersey’s casinos, racetracks, and their partners was $436.9m, which was up 14.5% compared to $381.7m in January 2022.

Casino win for the nine casino hotel properties was $211.7m for January 2023, reflecting a 15.3% year-on-year increase. Slots win was up 17.6% to $151.8m with table games win up 9.7% to $59.9m. The Borgata was the casino that posted the greatest win, with its $58.3m more than $20m larger than the next most successful venue.

Internet gaming win reported by casinos and their partners was $152.9m, reflecting growth of 10.9% compared to $137.8m for the prior period. The Borgata, Golden Nugget and Resorts Digital each generated win of more than $40m.

Sports wagering handle was down 19.4% year-on-year to $1.08bn. However, gross revenue was $72.3m for January 2023, reflecting a 20.2% increase when compared to $60.2m in the prior period. Meadowlands brought in $47.7m – almost two thirds of the state total.