The New Jersey Division of Gaming Enforcement announced that gross revenue jumped 46.9% year-over-year to $106.2 million in April.
Sports betting in the Garden State continues to show no signs of tailing off.that gross revenue jumped 46.9% year-over-year to $106.2 million in April. The handle reached $1.04 billion, marking an increase from the $833.9 million generated during the same month in 2023.
Online and retail sportsbooks have combined to produce $434.2 million in revenue year-to-date, up 48.6% from the $292.3 million reported at this time last year. Operators have sent over $56 million in taxes from gross revenue to the Garden State already this year, more than $18 million from last year’s YTD mark. FanDuel continued its dominance in New Jersey, with revenue reaching $37.8 million in gross revenue for the month and topping $174 million for the year.
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