In January 2020, New Jersey’s sportsbooks made the most since the state formally rolled out sports betting in June 2018, according to gaming officials.
Data released Wednesday from the Division of Gaming Enforcement showed the state’s two racetracks and nine casinos took home $53.6 million, out of the $527 million that patrons bet last month.
“Guests who came to wager on sports events took the opportunity to explore Atlantic City’s abundant gaming and non-gaming options,” Casino Control Commission Chairman James Plousis assured, in written remarks on Wednesday.
Sports-betting has ultimately been a cash cow for the gambler, with the second-highest month being October 2019, when the house took home just over $46 million.
“Casino executives I’ve spoken with were very pleased that customers stayed longer to enjoy the city’s diverse dining and entertainment offerings,” Plousis added. “Making investments that lead to positive customer experiences can provide a strong competitive advantage for Atlantic City.”
New Jersey has 10 in-person sportsbooks and 19 online and mobile sportsbooks, where the lion’s share of the billions of dollars in wagers have been bet.
The state’s sportsbooks took home less in December, despite a much higher handle – or the total amount bet – of nearly $558 million.
New Jersey’s sportsbooks lost $4.2 million during Super Bowl LIV on Feb. 2, according to DGE preliminary numbers, released days after the event, marking the second year in a row that the house lost money.
