NJ Sports BettingNJ Sports Betting reported a $320,368,087 handle for February 2019. This brings the overall sports betting handle just below $2 Billion since June 2018!

With the Super Bowl providing the only football betting options for the month, the handle actually held up pretty well. Many NJ sports betting insiders were expecting a larger drop in volume and revenue.


February 2019 NJ Sports Betting Numbers

The sports betting handle for February 2019 was $320,368,087 compared to $385M in January. The Online sports betting handle in NJ was $258M in February, down from $305M in January. Online sports betting and mobile apps comprised 80.6% of all betting volume during the month of February.

Overall revenue from sports betting decreased to $12.7M in February compared to $18.7M in January.

With the total number of NJ online sportsbooks now at 14, March betting numbers should take a nice jump. March Madness is now in full swing with conference tournaments and the “Big Dance” begins next week. Expectations for a big month have been expressed by most NJ Sportsbooks.


MonthTotal Sports Betting HandleRevenue
June$16,409,619$3,458,668
July$40,682,237$3,831,141
August$95,634,048$9,182,943
Sep$183,948,404$23,961,038
Oct$260,711,301$11,670,805
Nov$330,748,563$21,243,865
Dec$319,173,548$20,814,222
Jan$385,279,662$18,774,940
Feb$320,368,087$12,732,740
TOTAL:$1,952,955,469$125,670,362

(Revenue metrics from NJDGE)

MonthNJ Online Sports Betting HandleNJ Online Sports Betting Rev
August$21,714,157$3,123,281
Sep$104,885,673$12,567,785
October$174,369,684$8,839,162
Nov$238,615,611$14,446,570
Dec$241,043,289$14,650,636
Jan$304,973,986$15,504,039
Feb$258,871,597$10,262,588
March$298,282,154$25,355,096

(Revenue metrics from NJDGE)

NJ Online Sports Betting Revenue