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Gambling in the USA

NEW JERSEY SPORTSBOOKS NEARLY HIT $500 MILLION MARK IN OCTOBER FanDuel fuels New Jersey’s sportsbooks to new benchmark; Golden Nugget online tops revenue of land-based counterpart, according to

George Miller



NEW JERSEY SPORTSBOOKS NEARLY HIT $500 MILLION MARK IN OCTOBER FanDuel fuels New Jersey’s sportsbooks to new benchmark; Golden Nugget online tops revenue of land-based counterpart, according to
Reading Time: 4 minutes


New Jersey’s online and retail sportsbooks continued their string of record months and whopping year-over-year gains in October, nearly reaching its first $500 million month. And that growth should continue with the tip-off of basketball season, according to analysts.

“New Jersey has a real shot at surpassing Nevada again, if not in October, some time before the end of the NFL season,” said Dustin Gouker, lead analyst at “The state’s handle is growing at a pace near 100%, year-over-year. And the overlapping of football and basketball should propel New Jersey into new territory.”

New Jersey’s sportsbooks accepted a record $487.9 million in bets in October, an 87% jump from $260.7 million in October 2018, according to official reporting released Thursday. October’s handle beat the previous record of $445.6 million, set in September.

October’s bets yielded a record $46.4 million in revenue, up from $11.7 million in October 2018 and breaking the record $37.9 million set last month. October revenue generated $5.7 million in taxes, and pushed the state’s sports betting industry past the $300 million mark ($331.2 million) in lifetime revenue.

New Jersey’s October handle will likely fall short of Nevada — which generated $528.5 million in October 2018 and will announce October 2019 data later this month — for the second straight month. Combined the two largest U.S. markets are generating $1 billion a month in bets. And the Garden State could use the popularity of basketball — which has generated $698.2 million in bets so far in 2019, the most of any sport — to propel it past Nevada once again.

“If New Jersey is going to pass Nevada during the NFL season, it will be in large part due to the comparative popularity of basketball in the Northeast,” Gouker said. “In Nevada, football betting is king, and it’s nearly as popular in New Jersey. But a key differentiator between the two markets is that New Jersey bettors’ have shown more interest in other major sports, especially basketball.”

$417 million of all October bets were made online, accounting for 85% of New Jersey’s handle. That is up from 84% in September.

FanDuel Sportsbook/PointsBet continued to pace the online market, gaining $20.7 million in gross revenue, up from $13.3 million in September. Resorts Digital’s license, which is now anchored by DraftKings and Fox Bet in addition to its self-branded sportsbook, lost ground by generating $10.6 million, down from $10.7 million in September. The online market leaders were followed by:

  • Hard Rock/Bet365/Unibet ($1.8 million, up from $178,255 in September)
  • Monmouth/William Hill/Sugarhouse/TheScore ($1.7 million, down from $2.4 million)
  • Ocean Casino/William Hill ($1.6 million, up from $1.3 million)
  • BetMGM/Borgata ($1.4 million, up from $721,801)
  • Caesars Sportsbook/888sport ($536,600, up from $486,668)
  • Golden Nugget/BetAmerica ($359,216, up from $336,740)
  • Tropicana/William Hill ($40,014, up from $29,783)

FanDuel Sportsbook at The Meadowlands posted $4.1 million in October gross revenue, up from $3.6 million in September, to lead retail sportsbooks. FanDuel was followed in gross revenue by:

  • Monmouth Park ($1.2 million, up from $996,844 in September)
  • Ocean Casino ($697,659, down from $1.8 million)
  • Borgata ($458,351, down from $756,416)
  • Tropicana Casino ($350,230, up from $170,792)
  • Resorts AC ($265,320, down from $340,117)
  • Bally’s AC ($233,745, down from $241,703)
  • Hard Rock AC ($123,616, down from $231,150)
  • Golden Nugget ($176,890, up from $150,698)
  • Harrah’s AC ($92,449, down from $118,102)

“The addition of Fox Bet under the Resorts Digital license has reset the race for the top spot in the online market,” Gouker said. “FanDuel is still the most popular single brand in the state, but it will be worth watching whether it can keep up with DraftKings and Fox Bet.


New Jersey’s online casino and poker industry continued its push toward $450 million in annual revenue after a record October, as the Golden Nugget’s online product generated more revenue than its land-based casino for the first time.

Online casino games and poker generated $45.2 million in October, up 69% from $26.8 million in October 2018, and blowing past the previous record of $41.14 million set in September. The industry has now generated an annual best $384.2 million in revenue so far in 2019 — 58% better than the $242.7 million generated in the first 10 months of 2018.

The importance of New Jersey’s digital product can be seen in the online casino market’s heaviest hitter. The Golden Nugget tallied $16.6 million in October, up 71% from $9.7 million in October 2018, to easily lead the online casino market. More importantly, for the first time its online revenue surpassed the revenue its land-based Atlantic City casino generated ($14.8 million).

“What the Golden Nugget continues to prove is that its online casino can generate millions in revenue and grow at an overwhelming pace without a negative impact on their own land-based operations,” said Eric Ramsey, online gambling analyst for “When the first online casinos launched in 2013, many thought such a dynamic would be impossible. But clearly that has been proven wrong.” 

Some other important online casino and poker data from the September report:

  • Online casinos generated $6.8 million in tax revenue in October and has now injected $245.1 million into government coffers since launch in November 2013.
  • The industry generated $1.5 million per day during the 31 days of October, up from $863,028 per day in October 2018.
  • Online casino games generated $43.6 million in October, up from $39.5 million in September. Online poker was flat at $1.6 million.

For more information and analysis on regulated sports betting and online gaming in New Jersey, visit

About the Network:

The Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, and its state-focused branches (including and produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

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Gambling in the USA

GAN Reports Robust Revenue Growth in New Jersey

Niji Narayan



GAN Reports Robust Revenue Growth in New Jersey
Reading Time: < 1 minute


GAN plc, the US-based award-winning developer and supplier gambling software, services and online gaming content, has posted robust growth on almost all metrics in January 2020, according to the financial statement published by New Jersey’s Division of Gaming Enforcement (“DGE”) of Internet gaming and Internet sports betting financial information.

The following are the main points of the report.

Internet Gaming Win rose by 64.0 per cent to $55.1 million in January, compared to $33.6 million in the same period last year.

Total Internet Sports Wagering Handle reached approximately $471.1 million in January.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

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Daily Fantasy Sports

DraftKings Signs Multi-year Partnerships With Three NBA Franchises

George Miller



DraftKings Signs Multi-year Partnerships With Three NBA Franchises
Reading Time: 3 minutes


Expanding League Relationship Through New Celtics, 76ers, Pacers Deals

DraftKings Inc. announces expanded partnerships with three National Basketball Association (NBA) franchises, making DraftKings an official partner of the Boston Celtics, Philadelphia 76ers, and Indiana Pacers. All three partnerships include the use of official team marks and logos, in addition to various branding options, ultimately enhancing DraftKings’ user experience and bringing sports fans closer to their favorite NBA teams.

“It is with great enthusiasm that we announce these multi-year partnerships with the Celtics, 76ers, and Pacers. The NBA represents DraftKings’ second-most-popular sport, and we are thrilled to offer our fanbase a continually unique and authentic sports gaming product,” said Ezra Kucharz, chief business officer at DraftKings. “Each of these partnerships represent a common strategy and stress the importance NBA teams and DraftKings place on fan engagement and overall customer experience.”

PACERS: The partnership with the Pacers makes DraftKings the Official Daily Fantasy Sports and an official Sports Betting Partner of the Indiana Pacers. With this comes rights to marks and logos, as well as in-game promotions, activations, and branding. As part of the sponsorship, DraftKings will offer unique experiences for customers, including a VIP “Fantasy Camp” opportunity and “Honorary Team Captain Presentations”. This diverse suite of experiences, comprised of practice court scrimmages, game tickets, and alumni meet and greets, will provide unparalleled access for fans and users alike.

“We are delighted to welcome DraftKings into the Indiana Pacers’ family of corporate partnerships,” said Rick Fuson, Pacers’ sports and entertainment president and COO. “With prominent in-arena presence, presenting sponsorship of our popular post-game show hosted by Eddie White and other elements, our fans are certain to understand the strength and value of this partnership for both of us. It truly is a win-win.”

76ers: Per the agreement with the 76ers, DraftKings is now the exclusive and Official Daily Fantasy Partner – and a sportsbook and online casino partner – of the Philadelphia 76ers. As part of the partnership, along with traditional marketing and promotional opportunities, DraftKings will offer VIPs a “Court of Dreams” excursion allowing them an all-access, inside look at the 76ers’ training complex, in addition to season tickets and suites for hospitality and promotional use.

“Today marks a new, exciting chapter in the long-standing relationship between two of the sports industry’s most innovative companies, whose dedication to fan experience consistently raises the bar in the sports partnership space.  The 76ers are proud to continue to stand alongside DraftKings as we together create and amplify expanded and differentiated opportunities for fans to engage with our team, dynamic players and sport,” said Philadelphia 76ers President Chris Heck.

CELTICS: As part of the Celtics partnership, which focuses solely on Daily Fantasy Sports, DraftKings has been named the team’s Official Daily Fantasy Sports Partner. With this strategic relationship, DraftKings will continue to bolster its presence in its hometown market, gaining access to specific marketing promotions and impactful customer experiences like VIP watch parties, a “Play on the Parquet Event” and sweepstakes.

“Daily fantasy sports players are amongst the most highly engaged NBA fans,” said Celtics Team President Rich Gotham. “We’re happy to collaborate with our hometown partner, DraftKings, to serve Celtics fans through a variety of group activations and game day elements, including the presentation of our starting lineup across social channels.”

Since launch, DraftKings has seen over 500 million entries into DFS contests and about an astounding 40 percent of all DraftKings bettors have placed a wager on an NBA game. As an Authorized Sports Betting Operator of the NBA and the Official and Exclusive DFS and Sports Betting Partner of Madison Square Garden, DraftKings continues to invest heavily into NBA properties and fanbases. Ultimately, these partnership deals emphasize DraftKings continued commitment to growing its customer base and further positioning the company as an industry leader in sports gaming.

All DraftKings Sportsbook and Daily Fantasy offerings, including the NBA, are available for mobile download on both iOS and Android.

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Gambling in the USA

Betfred Official Sponsor Of Wilder vs Fury II

George Miller



Betfred Official Sponsor Of Wilder vs Fury II
Reading Time: 2 minutes


The World’s largest independent bookmaker Betfred will be an official sponsor of the biggest fight of the year when Deontay Wilder takes on Tyson Fury on Saturday the 22nd of February.

The fight, which takes place at MGM Grand Garden Arena and on pay-per-view around the world, is a rematch after the split decision draw on December 1st, 2018.

Betfred boss and founder Fred Done said, “I’m delighted to be a sponsor of the most anticipated fight of the year and if Wilder v Fury II is anything like the first fight we are in for a superb night.”

Tom Brown, President of TGB Promotions and Bob Arum, Chairman of Top Rank, said in a joint statement, “We’re happy to have BETFRED as an official sponsor for the highly anticipated Wilder vs. Fury II rematch on February 22. This is a 50-50 fight for the heavyweight championship of the world and we’re sure that fans all around the globe will be watching to see all of the drama unfold.”

The sponsorship is great news for Betfred who have ambitious plans for the USA. Betfred Sports has already opened its first US sportsbook at Grand Falls Casino & Golf Resort in Iowa and has recently agreed on deals with both Wind Creek Bethlehem (for Pennsylvania sports betting operations) and Saratoga Casino (for Colorado sports betting operations).

Latest betting for the fight shows the pair cannot be split with both fighters on offer at 10/11 and a repeat of the draw at 20/1.


The Betfred Group is a UK based bookmaker that owns and operates over 1500 betting shops in the UK as well as industry leading online and mobile products in the UK and Spain. Betfred was founded by brothers Fred and Peter Done in 1967 when they started with just one shop. Back then Betfred differentiated itself by offering excellent customer value and excellent service and those principles are still at the heart of the business now. Based in Las Vegas Betfred USA Sports was created in 2019 specifically to enter the robust and ever-expanding US sports betting market. Betfred have an extensive sponsorship portfolio including the World Snooker Championship, in golf the British Masters, World Matchplay Darts, Rugby League’s Super League and Betfred is the Official Bookmaker of Royal Ascot.


SOURCE Betfred USA Sports

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