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Add New Jersey Sports Betting Revenue up On February 2026

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Amelie Raker 2026-04-29 23:55:19 +08:00
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New-Jersey-Sports-Betting-Revenue-up-On-February-2026.md 100644

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<br>A $4.3 million loss on the Chiefs-49ers Super Bowl didn't stop the New [Jersey sportsbooks](http://35.207.205.183000/casiesleath677) from producing a net positive for the month.<br>
<br>However, the $17 million [revenue figure](https://richardadamslaw.com/caption/) reported by the Division of Gaming Enforcement was the least expensive for the books since June 2019.<br>
<br>The sports betting deal with in February - that is, total amount bet - was $494.8 million. Just over 88% of that quantity was bet online, with the rest coming from eight Atlantic City casinos and the Meadowlands and Monmouth Park racetracks.<br>
<br>The books lost a nearly identical amount on the 2019 Super Bowl - $4.5 million - and that month produced simply $12.7 million in net income.<br>
<br>Bettors dropped 4.2% of their cash bet on football over the first two months of 2020, while losing just 4% of their basketball betting dollars. Single-game or match bets in "other" sports [produced](http://35.207.205.183000/casiesleath677) a 6.2% margin for the home, but the big number for the two-month duration was available in multi-wager parlays.<br>
<br>Not just did the sportsbooks hold a whopping 17.9% of the handle on parlays in those 60 days, it began $190 million worth of bets - slightly more than was bet on single-game NFL playoff picks. That suggested that while parlays represented simply under 20% of the total wagered, they produced nearly half of the revenue for the sportsbooks in those 2 months.<br>
<br>Meadowlands, FanDuel remain kings of the hill<br>
<br>The Meadowlands Racetrack and its online partners - primarily FanDuel - gathered almost $11 million of the $17 million declared in February. Resorts Digital, with a portfolio powered by DraftKings, accounted for another $4 million. The leading gambling establishment, without a doubt, was Borgata at $714,024.<br>
<br>One gambling establishment - [Golden Nugget](https://xyzzy.company/git/andersonbutton/the-bet-9ja-promotion-code-this-2026-is-yohaig/wiki/The-Bet9ja-promotion-code-for-2026-is-YOHAIG) - even [lost cash](http://121.36.198.493000/mackenzie94z0) on sports wagering in February, returning $444,311 more than it maintained. Harrah's and Resorts danced on the [break-even](https://www.myorderstore.com/news-blogs/refurbished-pullout-branded-laptop-chargers) ledge, with each coming out less than $50,000 ahead.<br>
<br>The previous 6 months - football season - have produced the six highest handle figures since New Jersey began sports betting in June 2018.<br>
<br>Last March, led by the NCAA guys's basketball competition, produced a bigger deal with for the books - including more than a lots online operators - than any of the subsequent six months.<br>
<br>Obviously, the extensive cancellation of [major sporting](https://hub.hdc-smart.com/mamiewrenfords/the-betnaija-promotion-code-2026-is-yohaig/wiki/The+Betnaija+promotion+code+this+2026+is+YOHAIG) events nationwide, likely for the remainder of the month, indicates this March is ensured to be a lean month for the market.<br>