The summer numbers of June NJ sports betting showed some decreases — not as big as you may think. And revenue was way up.
Here are three takeaways from New Jersey’s June sports betting numbers:
COVID-19 In Rearview Mirror?
Bettors in New Jersey showed in June that they have mostly put the coronavirus pandemic behind them.
Retail sports betting handle at brick-and-mortar sportsbooks posted $83.9 million in June, up from $79.7 million in May.
CHECK OUT: New Jersey’s Hometown Heroes
With more and more vaccinations occurring to stop the spread of COVID-19 in the state, the numbers indicate that more people are going out and visiting NJ gambling facilities. A trend that should continue.
New Jersey Sports Betting, June vs. May
| Total handle | Mobile handle | Revenue | |
|---|---|---|---|
| June | $766.888M | $683.021M | $71.268M |
| May | $814.271M | $734.655M | $52.895M |
| Change | Down 5.8% | Down 7.0% | Up 34.7% |
Sports Betting Down, But Held Its Own
New Jersey sportsbooks produced $766.9 million in total sports handle, down 5.8% from May’s $814.27 million, but the numbers were not a huge drop with NBA betting and NHL betting in the playoffs continuing and MLB betting in the heart of the regular season.
Mobile sports betting took a substantial slip with mobile handle at $683 million in June, down 7% from May’s $734.65 million, the state report showed. However, it is the summer season with more people getting out from the pandemic that took over their lives for 15-plus months, going on vacation and doing other things to occupy their time.
Sports betting revenue was actually up 34.7% from May, which also showed betting was not that bad despite some numbers posted.
July Numbers will be similar to June
June had all three major sports (NBA, NHL, MLB), as well as a golf and tennis major championship being contested.
July will be similar with all three major sports, golf and tennis major championship being contested. So numbers should still be around the same next month with numbers starting to expand once we hit August and the Autumn months.
