New Jersey sees gambling revenue grow 119.8% in March

Gambling revenue in New Jersey rose 119.8 per cent year-on-year in March.
Gambling revenue in New Jersey rose 119.8 per cent year-on-year in March.

Revenue for the month of March amounted to $359.3m, up from $163.5m in the same month last year.

U.S.- New Jersey has seen a year-on-year increase of 119,8 per cent during March, according to figures from the Division of Gaming Enforcement. Revenue reached $359.3m, up from $163.5m in the same month last year.

Sports betting saw the highest growth, with revenue up 360.9 per cent year-on-year at $60.8m following the cancelation of sports events last year. Gamblers spent approximately $859.6m on sports betting with retail sportsbooks taking $79.5m of that and online taking $780.1m in bets.

Revenue from online gaming reached $113.7m, up 75.4 per cent compared with March 2020 ($64.8m). The main contributor was online slots, which generated $111.0m. Poker contributed $2.7m.

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casinos gaming New Jersey sports betting