New Jersey smashes iGaming, sports betting records in December, FY20

New Jersey’s online gambling and sports betting markets closed out 2020 in style, setting all-time revenue records.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement show the state’s licensed online casino and poker operators generated combined revenue of $99.45m in December, more than doubling its December 2019 total and $7.65m better than November 2020’s result.

December’s online casino operators drove the record-setting performance with revenue up 102.6% to $96.43m while online poker was up nearly three-quarters year-on-year to just over $3m, a 25% improvement from November.

For the year-to-date, total iGaming revenue came within $30m of the ONE BILLION DOLLAR mark, up 101% from 2019. Online casino did the heavy lifting, rising 101.7% to $931.5m while poker improved 85.3% to $38.8m.

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