After coming oh-so-close to a milestone in December 2020, the ceiling was finally broken in January 2021.
Yes, New Jersey online casino gaming revenue — which was $99.5 million in December — climbed across the $100 million mark to $103.8 million, nearly double the $55.1 million collected in January 2020.
Meanwhile, the more nationally talked-about figure — New Jersey’s sports betting handle — again came up just short of a milestone, per figures supplied by the state Division of Gaming Enforcement. A robust $958.7 million in sports handle in January could not topple December’s $996.3 million — nor the fabled $1 billion monthly mark that has yet to be reached in the U.S.
That snaps an eight-month “winning streak” of ever-increasing handle since the bottom fell out in March and April with the COVID-19 pandemic shutting down most traditional sporting events.
Still, last month’s handle bested the combined handle for January and February 2020 — which was $935 million.