{"id":1733,"date":"2019-12-19T16:08:20","date_gmt":"2019-12-19T16:08:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=1733"},"modified":"2026-04-24T09:17:24","modified_gmt":"2026-04-24T12:17:24","slug":"new-jersey-sports-betting","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/new-jersey-sports-betting","title":{"rendered":"New Jersey sports betting keeps breaking records"},"content":{"rendered":"\n

New Jersey sports betting handle in November jumped 70% year-on-year after totalling US$562.7 million, even though revenue dropped.<\/p>\n\n\n\n\n\n\n\n

US.- The gaming industry continues to grow at a high pace in the United States. That\u2019s why it\u2019s no surprise that sports betting in New Jersey keeps breaking records after its legalisation.<\/p>\n\n\n\n

The state was the main responsible for the segment\u2019s liberalisation and is leading the way with major figures. During November, the sports betting market in New Jersey totalled US$562.7 million, 70% up year-on-year. That\u2019s US$70 million higher than in October 2019.<\/p>\n\n\n\n

According to state figures desktop, mobile or tablet amounted to US$486.8 million of all wagers. That meant 86.5% of the online\/offline share.<\/p>\n\n\n\n

Even though the numbers had such a huge improvement, revenue was still down. The segment only made US$32.9 million for operators, after making US$46.4 million a month before.<\/p>\n\n\n\n

Market leaders<\/strong><\/h4>\n\n\n\n

Meadowrock\/FanDuel led sports betting in New Jersey once again. The operators generated US$14.86 million, a 111% increase from 2018. Most of that money (US$12.2 million) came through digital means.<\/p>\n\n\n\n

Resorts Digital (DraftKings\/Stars Group) came in second with a 27.3% year-on-year growth. Its figures reached US$9.13 million, with just US$51k coming from the Resorts Casino Hotel\u2019s brick-and-mortar sportsbook.<\/p>\n\n\n\n

Ocean Casino Resort (+William Hill) was third, with US$2.54 million profits, out of which US$2.05 million came from iGaming.<\/a>
<\/p>\n","protected":false},"excerpt":{"rendered":"

New Jersey sports betting handle in November jumped 70% year-on-year after totalling US$562.7 million, even though revenue dropped.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"New Jersey's sports betting handle surged 70% year-on-year to US$562.7 million in November, with digital channels accounting for 86.5% of wagers. Despite this substantial growth in betting volume, operator revenue declined to US$32.9 million from US$46.4 million the previous month. Meadowrock\/FanDuel maintained market leadership, demonstrating significant year-on-year revenue growth.","focusai_entities":"Meadowrock, FanDuel, Resorts Digital, DraftKings, Stars Group, Resorts Casino Hotel, Ocean Casino Resort, William Hill","focusai_location":"New Jersey, United States","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.85), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Revenue Decline Drivers","query":"What specific factors, such as promotional spend, payout ratios, or competitive pricing, contributed to the significant year-on-year revenue decline despite robust handle growth in the New Jersey sports betting market?"},{"label":"Digital Channel Strategy","query":"Given the 86.5% digital share of the handle, how are operators optimizing their B2C digital acquisition and retention strategies to improve NGR conversion and mitigate potential margin compression?"}],"footnotes":""},"categories":[16331,162,155],"tags":[229,233,2319],"class_list":["post-1733","post","type-post","status-publish","format-standard","hentry","category-elsewhere-news","category-north-america","category-sports-betting-news","tag-gambling","tag-sports-betting","tag-us"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1733"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1733\/revisions"}],"predecessor-version":[{"id":777022273,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1733\/revisions\/777022273"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}