New Jersey Sees $117.4 Million in Handle on Super Bowl 55

TopNjCasinos.com

By Lou Monaco

Although Sunday’s 55th edition of the Super Bowl was disappointing for some, betting on the game in New Jersey was not.

New Jersey Gov. Phil Murphy late Monday announced that New Jersey won big with preliminary wagering data totaling a record $117.4 million, a 116% increase from last year’s game. The revenue from the Super Bowl was about $11.3 million, according to published reports.

RELATED: A sense of normalcy returns to Atlantic City on Super Bowl Sunday

The total for New Jersey will fall behind Nevada’s $136.1 million handle on the Super Bowl.

Official numbers for the game have not been released yet by the New Jersey Division of Gaming Enforcement (NJDGE), but could be mentioned next week when January revenue official numbers are released.

Quarterback Tom Brady won his seventh Super Bowl by leading the Tampa Bay Buccaneers to a 31-9 victory over the Kansas City Chiefs in Tampa.

Capacity Limits Raised

Last week, Murphy raised the capacity level for bars and dining establishments from 25% to 35% and lifted the 10 p.m. deadline to close for those businesses, so the little bit of extra relief to the Garden State helped, especially to the casinos and sportsbooks.

New Jersey’s December sports betting handle finished just shy of $1 billion, but the state set three national records for a month.

It had more than $900 million in handle for the second straight month, hitting $996.3 million for December. That was up 6.9% from November ($931.6 million) and an increase of 78.6% from December 2019 ($557.8 million).

The total handle at New Jersey sportsbooks for 2020 was just over $6 billion ($6,017,707,104), a 30.4% increase over 2019 ($4,582,941,931). Of the total handle in 2020, $5.53 billion was wagered online — about 92%. Sports wagering revenue for 2020 was $398.5 million.

quote
WRITTEN BY
TopNjCasinos.com
Lou Monaco
Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
... Read More
Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
... Read More