NJ sports betting revenue down as igaming soars

first_img Subscribe to the iGaming newsletter Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The New Jersey Division of Gaming Enforcement has reported a 58.4% year-on-year decline in sports betting revenue in March, primarily due to the widespread shutdown of sports events as a result of the novel coronavirus (Covid-19) crisis.However, the state’s online gaming market enjoyed a particularly strong month, with poker the standout performer.Sports betting revenue amounted to $13.2m last month, down from $31.7m in March 2019 and also 22.4% lower than $17.0m in February of this year.Players in the state wagered a total of $181.9m on sports in March, a decline of 51.2% from $372.5m last year, with betting options severely limited due to the majority of sports events being postponed or cancelled due to the pandemic.Read the full story on iGB North America. NJ sports betting revenue down as igaming soars The New Jersey Division of Gaming Enforcement has reported a 58.4% year-on-year decline in sports betting revenue in March, primarily due to the widespread shutdown of sports events as a result of the novel coronavirus (Covid-19) crisis. Topics: Casino & games Finance Sports betting Tags: Online Gambling Regions: US New Jersey 16th April 2020 | By contenteditor Email Addresslast_img read more