NJ Sports Betting Misses Expected Super Bowl Boost In February

Written By David Danzis on March 16, 2023 - Last Updated on May 17, 2023
New Jersey February Sports Betting

New Jersey sports bettors laid down more than $847 million in legal wagers in February, most of which was gambled online.

More than $801 million, or 95%, of the total bet on sports last month in NJ was via mobile apps or online.

February’s sports betting returns broke a four-month stretch of the handle (total amount bet) exceeding $1 billion. Last month’s handle was 14% less than the $985.6 million gambled on sports in February 2022.

NJ sportsbooks reported $54.6 million in revenue last month, according to data released Thursday by the state Division of Gaming Enforcement. Sportsbooks associated with Atlantic City casinos and their online partners generated nearly $20 million of the statewide total.

New Jersey online sportsbook February revenue

FanDuel Sportsbook, PointsBet, and SuperBook topped the online market with $31 million in gross revenue, according to the NJDGE data.

Resorts Digital, which includes DraftKings Sportsbook and FOXBet, reported $12.3 million in February.

Here are the revenue results for the rest of NJ’s online/mobile operators:

  • BetMGM/Borgata: $4.4 million
  • Tropicana: $2.3 million
  • Barstool/PlayUp/BetParx: $1.9 million
  • Hard Rock/Bet365/Unibet: $1.2 million
  • Ocean Casino/Tipico: $194,636
  • William Hill/SugarHouse: $527,284
  • SportTrade: $105,842
  • Golden Nugget/BetAmerica: -$12,618
  • Fubo/Prophet Exchange: -$85,132
  • Wynn/888sport: -$208,347
Photo by AP / John Locher
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David Danzis

David Danzis is the lead writer for PlayNJ. He is a New Jersey native and honors graduate of Rutgers University. As a newspaper reporter for the New Jersey Herald and Press of Atlantic City, David earned statewide awards for his coverage of politics, government, education, sports, and business. Today, he is PlayNJ’s Atlantic City “insider” and gaming industry expert on casinos, sports betting, and online gambling. David lives in Atlantic County, NJ with his wife and two children.

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