New Jersey Sports Betting Posts Big Numbers Off Super Bowl

New Jersey Sports Betting Posts Big Numbers Off Super Bowl
By Lou Monaco

With New Jersey mobile sports betting in its fourth year and the COVID-19 pandemic and statewide restrictions decreasing, the Garden State reaped the rewards last Sunday.

The New Jersey Division of Gaming Enforcement (NJDGE) announced preliminary wagering data relating to Sunday’s Super Bowl, a 23-20 victory for the Los Angeles Rams over the Cincinnati Bengals.

Statistics reported by Atlantic City casinos and the state’s three racetracks (Freehold Raceway, Meadowlands and Monmouth Park) show that wagering totaled approximately $143.7 million, with a projected total payout of $135.9 million on this year’s Super Bowl.


Sportsbooks posted a win of $7.8 million.

These unaudited revenue figures include New Jersey’s 12 retail sportsbooks and 24 sports wagering mobile applications.

Last year’s Super Bowl between the Kansas City Chiefs and Tampa Bay Buccaneers totaled approximately $117.4 million with a total payout of approximately $106.1 million, resulting in a win of $11.3 million for the sports books.

New Jersey is expected to post its monthly sports betting numbers for January later this week. In December, the betting handle was above $1 billion for the fourth consecutive month.


Second to Nevada, but Big Number Will Be New York

The Nevada Gaming Control Board announced Monday that $179.8 million, the largest since 2013, was wagered in the state’s 179 retail sportsbooks on this year’s Super Bowl.

The sportsbook win was $15,413,228, resulting in a hold percentage of 8.6%. The $179.8 million was a $43.8 million increase in handle from last year’s Super Bowl.

Nevada’s total handle was $36.1 million over New Jersey in NFL betting for this year’s Super Bowl, which is a minor celebration for the Silver State, having been overshadowed by the Garden State’s monthly handle since 2021.

However, New York is expected to be the new king of sports betting for both its first Super Bowl and monthly revenue figures. That report is expected to be announced on Friday.

New York Gov. Kathy Hochul announced Monday that close to $2 billion dollars in wagers were taken during the first 30 days of operation for mobile New York sports betting since opening day Jan. 8. Those numbers were confirmed Monday night when weekly numbers were released by the New York State Gaming Commission (NYSGC) for seven of the live mobile sports providers for the week of Jan. 31-Feb. 6.

The Empire State posted a total mobile sports wagering handle of $1,984,759,532 from Jan. 8-Feb. 6, with Caesars Sportsbook leading the way with $702.65 million during that time frame.

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Contributors

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.

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