The state’s casinos and racetracks took in $54,288,227 of wagers during Super Bowl LIV this past Sunday, but paid out $58,568,699 in winnings to patrons, spelling a loss of $4,280,000 for casinos and racetracks, gaming regulators said Monday.
This marks the second year in a row that the house lost money during the Super Bowl, according to the Division of Gaming Enforcement, which oversees the state’s gambling and sports betting markets.
Last year was the first Super Bowl to coincide with legal sports betting in New Jersey. Patrons wagered nearly $35 million at the state’s 10 in-person and 11 online and mobile sportsbooks, but took home just shy of $40 million in winnings.
That year marked a $4.6 million loss, or 13.11 percent, for the house, compared to a 7.8 percent loss at the 2020 Super Bowl, where patrons still bet at 10 in-person lounges, but at 19 online and mobile sites.
Ahead of the 2019 game, the state saw the introduction of three new sportsbooks: the in-person and online sportsbooks for the Hard Rock Hotel and Casino Atlantic City, which opened on Jan. 26 and Jan. 29, 2019 respectively, and the Tropicana Atlantic City online sportsbooks, which opened on Jan. 25, 2019.
Online sportsbooks have brought in the lion’s share of wagers in the Garden State—out of the $4.6 billion patrons bet in 2019 on sports, $3.8 billion of that was via the internet.