{"id":267,"date":"2024-06-27T21:36:56","date_gmt":"2024-06-27T18:36:56","guid":{"rendered":"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/"},"modified":"2024-06-27T21:36:56","modified_gmt":"2024-06-27T18:36:56","slug":"new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth","status":"publish","type":"post","link":"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/","title":{"rendered":"New Jersey Sports Betting Slows Down in February Despite Year-on-Year Growth"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/d_4eG6H02AQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>New Jersey&#8217;s gaming authorities (NJDGE) unveiled a report for February revealing that the state&#8217;s sports wagering and digital casino sectors expanded compared to the previous year, however, sports betting activity decreased to its lowest point since August 2020.<\/p>\n<p>New Jersey&#8217;s sports betting market experienced a slowdown in February, despite year-on-year growth.<br \/>\nTotal gambling earnings for the month amounted to $288.3 million (\u00a3207.3 million\/\u20ac242.3 million), slightly exceeding the $287.3 million recorded in the corresponding month of the previous year, but falling short of the $346.4 million recorded in January 2021.<\/p>\n<p>Sports wagering revenue reached $46.2 million, marking a 171.8% increase from $17 million in the same period of the previous year, but significantly lower than the record $82.6 million achieved in January.<\/p>\n<p>Gamblers spent 50.2% more year-on-year on sports betting, reaching $743 million, yet this represented the lowest monthly activity since August 2020, even considering wagers on the Super Bowl. Online betting totaled $689.2 million, while retail sports betting activity amounted to $53.7 million.<\/p>\n<p>FanDuel and PointsBet at Meadowlands maintained their position as market leaders in February, generating revenue of $27.2 million, a 147.3% increase from the previous year. Resorts Digital and DraftKings secured second place with $7.7 million, followed by Borgata with $5 million.<\/p>\n<p>In the online casino sector, revenue attained $93.8 million, reflecting an 80.4% increase from $52 million in the same period of the previous year, but a 9.6% decrease from the record $103.8 million achieved in January. <\/p>\n<p>The complete narrative can be located on the iGB North America online platform.<\/p>\n<p>Sign up for the iGaming electronic bulletin. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey&#8217;s gaming authorities (NJDGE) unveiled a report for February revealing that the state&#8217;s sports wagering and digital casino sectors expanded compared to the previous year, however, sports betting activity decreased to its lowest point since August 2020. New Jersey&#8217;s sports betting market experienced a slowdown in February, despite year-on-year growth. Total gambling earnings for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NJ Gambling Sees Mixed Results: Sports Betting Dips, Casinos Rise<\/title>\n<meta name=\"description\" content=\"New Jersey\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"New Jersey Sports Betting Slows Down in February Despite Year-on-Year Growth\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"New Jersey\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unlock Your Casino Potential | Licensed Platform &amp; Latest Updates\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T18:36:56+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/\",\"url\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/\",\"name\":\"NJ Gambling Sees Mixed Results: Sports Betting Dips, Casinos Rise\",\"isPartOf\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T18:36:56+00:00\",\"dateModified\":\"2024-06-27T18:36:56+00:00\",\"author\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"New Jersey\",\"breadcrumb\":{\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/2024\/06\/27\/new-jersey-sports-betting-slows-down-in-february-despite-year-on-year-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/katscasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Jersey Sports Betting Slows Down in February Despite Year-on-Year Growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/katscasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/katscasinonodepositbonus.icu\/\",\"name\":\"Unlock Your Casino Potential | Licensed Platform &amp; Latest Updates\",\"description\":\"Indulge in the thrill of licensed online gambling with our up-to-date news, comprehensive game reviews, and expert articles. 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