New Jersey sportsbooks generated more than $109.4m in revenue in December, taking their 2023 total above $1bn, reportedly based on figures from the Division of Gaming Enforcement. Full-year revenue rose 31.9% from $763m in 2022, while December revenue increased 24.8% year on year.
The figures give operators and investors a measure of New Jersey sports betting revenue and tax growth.
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Alberta’s Legislative Assembly passed Bill 48 at second reading, sending the proposed iGaming Alberta Act to committee for clause-by-clause consideration. The bill would establish the Alberta iGaming Corporation to oversee a private online gambling market; a Canadian Gaming Association executive said the legislation could pass before the spring session ends, while an industry source suggested a launch in late Q1 or Q2 2026 was more realistic.
The New York State Gaming Commission reported $140.9 million in sports betting revenue from mobile operators in July, with a combined hold of 11.1%. Mobile handle reached $1.27 billion, while the state reported $71.6 million in total tax revenue for the month.
FanDuel recorded a hold of at least 10% for 10 consecutive weeks in New York, according to figures released by the New York State Gaming Commission. For the week ending 14 July, it reported a 12.7% hold, with $14.8 million in revenue from nearly $117 million in handle.
New York’s Gaming Commission reported $36.7 million in mobile sports betting revenue for the week ending 7 July. FanDuel recorded $14.37 million, $59,702 more than DraftKings, while the nine apps accepted $323.9 million in wagers and generated an estimated $18.7 million in state tax revenue.
New Jersey’s Division of Gaming Enforcement reported $78.8 million in adjusted sports betting revenue for May, with handle of $838.9 million. Revenue fell 4.2% year on year despite handle rising 7.7%; year-to-date revenue reached $513 million, up 37% from the first five months of 2023.