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As opponents struggle in October, New Jersey's betting revenue declines.
New Jersey's sports betting revenue fell 7.4% year over year to $77.9 million as its top brands saw growth while competitors faced difficulties.
Players wagered $1.06 billion on sports, which was 18.1% less than the record-high $1.30 billion wagered in October 2021. Of this amount, $72.6 million was placed in person, while $987.6 million was placed online.
With $45.4 million in sports betting revenue, up 3.0%, The Meadowlands, which has a FanDuel betting skin, maintained its dominant position in the market. Resorts Digital, which partnered with DraftKings, came in second with $17.2 million, an 8.0% increase.
The Borgata, a BetMGM partner, was the only other operator to gain even a 3% market share, generating $9.5 million, an 18.7% increase.
Keep up on the most recent developments in internet gaming! Our News Section brings you up to date on everything from industry trends and crypto casino upgrades to new game releases and bonus offers.
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18+ T&Cs Apply.