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February 17, 2025 – FairOdds Network

Daily Archives: February 17, 2025

New Jersey igaming up in January, online betting slips 29%

Igaming continued on its growth trajectory in New Jersey in January, while sports betting took a hit compared to the previous year's revenue.

Total gambling revenue in New Jersey hit $553.9 million (£439.6 million/€528.1 million). This is 0.9% behind January last year but 6.% ahead of December.

New Jersey Division of Gaming Enforcement (NJDGE) figures filed on 14 February show the year-on-year fall was due to a decline in sports betting. Igaming, on the other hand, continues to go from strength to strength.

For January, igaming revenue topped $221.6 million. This beats last year by 20.9% and falls just 2.8% short of December’s $228 million record. However, it was only the second time igaming drew the highest gambling revenue in a single month, after the feat was first achieved in October 2024.

Breaking down igaming, ‘other authorised games’, including slots, drew $218.9 million, up 21.1%. Online poker revenue also increased by 8.1% to $2.7 million.

FanDuel and Golden Nugget..

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