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New Jersey sports betting operators saw revenue inch up in April. However, there were fewer dollars wagered in the state on sports last month compared to the same month in 2025.
Sportsbooks in New Jersey took in $102.1 million in revenue last month. That’s a nearly 14% increase compared to April 2025, according to a report released last week by the New Jersey Division of Gaming Enforcement.
For only the second month in 2026, NJ sportsbooks generated in excess of $100 million in revenue. The other month to top $100M was January, buoyed by NFL and college playoff betting.
Total handle closes in on $4B for 2026
Total handle in April, however, dipped below March levels. New Jersey accepted a tick above $1 billion bets in March, led by the popular NCAA college basketball tournaments. Last month, handle was $934.2 million, 6.1% less than April 2025.
So far in 2026, New Jersey has twice topped $1 billion in total handle. The state is approaching $4 billion total bets accepted for 2026.
Operators posted an impressive 11.3% hold percentage in April, which explains how the industry grabbed big revenue totals in spite of lower betting dollars coming in.
Online activity is the engine behind NJ sports betting. Of the $932.4 million wagered on sports in the state last month, online sportsbooks accounted for $905.5 million, or 97%.
Sportsbook rankings for April
The two industry leaders, DraftKings Sportsbook and FanDuel Sportsbook, continue to dominate in New Jersey. In April, FanDuel widened its lead, taking in roughly $14 million more than DraftKings in revenue:
- FanDuel Sportsbook: $39.7 million
- DraftKings Sportsbook: $25.7 million
- Fanatics Sportsbook: $9 million
- BetMGM Sportsbook: $8.8 million
- bet365 Sportsbook: $7.3 million
- Caesars Sportsbook: $2.6 million
FanDuel Sportsbook is the only sports betting operator in New Jersey to have exceeded $100 million ($147.1 million) in revenue so far in 2026.
Year-over-year revenue is up 3.6%
New Jersey continues to see incremental growth in revenue for sportsbooks in what is the eighth full year with legal, regulated online sports betting in this state.
Through four months, sports betting operators in the Garden State have taken in $370.9 million in revenue in 2026, which represents a 3.6% increase from 2025’s first four months.
