DraftKings and partner Resorts World led the New Jersey sports wagering market in August, knocking Meadowlands off top spot for the first time since January 2019.
The partnership heralded $56.9m (£45.9m/€53.3m) in August. This was ahead of Meadowlands and partners FanDuel, PointsBet and SuperBook on $25.7m.
Total sports betting revenue for the month amounted to $96.0m, representing a 47.1% rise on last year. This was also the sector with the highest percentage of growth in the state in August.
In addition, sports wagering handle in New Jersey hiked 32.7% year-on-year from $546.8m to $725.8m. Of this total, $697.1m was bet online and $28.8m at retail sportsbooks across New Jersey.
Total gambling revenue in New Jersey hiked 12.9% year-on-year to $531.6m in August. The monthly total was comfortably ahead of $470.7m in August 2022 and 5.0% up from $506.2m in July this year.
Land-based gambling drew $280.3m in revenue, a rise of 2.3% on last year. This included $210.5m in slot revenue, up 3.0%, and $69.7m in table game revenue, which edged up 0.2% to $69.7m.
Internet gambling was the next highest source of revenue, generating a total of $155.3m in August. This was 18.1% higher than last year’s $131.4m total.
Online slots accounted for $152.9m of all igaming revenue, with peer-to-peer poker revenue at $2.4m.
Resorts Digital edged ahead into top spot for the month with $42.3m in igaming revenue. In second was Golden Nugget on $40.8m, just ahead of Borgata – July’s leader – in third with $40.2m.
Looking at year-to-date performance, overall market revenue in New Jersey for the eight months to the end of August hit $3.77bn. This is 11.2% ahead of the same period in 2022.
Some $1.93bn came from land-based gambling, a rise of 2.3%. This includes $1.43bn in slot revenue and a further $496.1m in table game revenue.
Internet gambling revenue came in 14.6% higher at $1.24bn. Online slots revenue increased by 14.8% to $1.22bn and internet poker 6.6% to $19.8m.
As for sports betting, revenue hiked 42.7% to $597.9m for the eight-month period. Handle for the market in this time amounted to $6.47bn.
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