{"id":17042,"date":"2024-03-18T11:16:50","date_gmt":"2024-03-18T11:16:50","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=17042"},"modified":"2024-03-18T13:03:26","modified_gmt":"2024-03-18T13:03:26","slug":"new-jersey-total-gaming-revenue","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/2024\/03\/18\/new-jersey-total-gaming-revenue-rose-by-12-per-cent-in-february-2024\/","title":{"rendered":"New Jersey Gaming Revenue Rose By 12 per cent In February 2024"},"content":{"rendered":"

New Jersey gaming revenue rose by 12 per cent in February 2024 to $461.5million. Internet gaming and sports betting reported a year-on-year increase in the month that included the Super Bowl.\u00a0\u00a0<\/strong><\/p>\n

In February 2023, the Garden State reported that their total gaming revenue was $412.2m. 12 months later, that figure has increased by $49.3m. More impressively, iGaming rose by 27.9 per cent to $182.3m from $142.6m across the same period.<\/p>\n

Sports betting saw a sizeable increase in revenue as well. The sector saw a 23.7 per cent jump in revenue to $67.7m. An increase of $13.1m compared to last February.<\/p>\n

Super Bowl LVIII Betting<\/h2>\n

Last month’s Super Bowl extravaganza saw an estimated $23.1b bet on the NFL championship decider across the entire United States. Around $141.6m of that total was spent in New Jersey alone.<\/p>\n

Naturally, the Super Bowl is one of the most popular sports events for keen bettors not just in the U.S. – but globally as well. With that in mind, what made Super Bowl LVIII so popular this year?<\/p>\n

Taylor Swift’s well publicised relationship with Kansas City Chiefs tight end Travis Kelce certainly helped an increase in betting revenue. In fact, there was a lot more emphasis on the wives and girlfriends of the stars who featured.<\/p>\n

Also, it was back-to-back Super Bowl appearances for the Chiefs. Andy Reid’s side got the better of the San Francisco 49ers in an epic clash in Las Vegas. Patrick Mahomes rise into a NFL legend would have also helped the revenue increase.<\/p>\n

Atlantic City Casinos<\/h2>\n

New Jersey’s land-based casinos were the only sector where revenue failed to increase compared to February 2023. A decrease of 1.6 per cent was reported to $211.5m.<\/p>\n

All in all, February 2024 has been a hugely successful month for New Jersey. The slight decrease from Atlantic City’s casinos won’t be a huge cause for concern.<\/p>\n

In the modern age, bettors do tend to prefer online casinos but the likes of Borgata, Caesars and the Tropicana continue to be hugely popular for local residents and tourists.<\/p>\n

However, a wet and windy month does tend to keep bettors away from brick-and-mortar casinos. During the summer months, Atlantic City will likely see a sharp increase in revenue.<\/p>\n

Check out Instant Withdrawal Casinos<\/a> for a top selection of fast payout online casinos.<\/p>\n","protected":false},"excerpt":{"rendered":"

New Jersey gaming revenue rose by 12 per cent in February 2024 to $461.5million. Internet gaming and sports betting reported a year-on-year increase in the month that included the Super Bowl.\u00a0\u00a0 In February 2023, the Garden State reported that their total gaming revenue was $412.2m. 12 months later, that figure has increased by $49.3m. More … <\/p>\n","protected":false},"author":61,"featured_media":17072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-17042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature"],"acf":[],"yoast_head":"\nNew Jersey Gaming Revenue Sees 12% increase<\/title>\n<meta name=\"description\" content=\"New Jersey gaming revenue rose from $412.2m to $461.5m compared to February 2023. 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