Gambling in the USA

PlayNJ.com: Sports betting slows in June while revenue booms

Published

4 years ago

July 19, 2021

New Jersey Division of Gaming Enforcement Announces October 2024 Total Gaming Revenue Results

New Jersey’s online and retail sportsbooks rejoined the national trend of declining betting volume in June. But a hold of 9.3% pushed revenue at sportsbooks to more than $71 million, a remarkable result that blunted the effects of any summer slowdown, according to PlayNJ, which tracks the state’s regulated online gaming and sports betting market.

“Overall, New Jersey continues to perform far better than every other sports betting market in the U.S.,” said Dustin Gouker, analyst for the PlayUSA.com Network, which includes PlayNJ.com. “No market can completely overcome a lack of betting inventory, but New Jersey’s sportsbooks continue to find ways to capitalize on what the sports world is offering, most notably the NBA Playoffs and baseball.”

Online and retail sportsbooks took in $766.9 million in bets in June, according to official data released Friday. That is down 5.8% from $814.3 million in May, but up dramatically from $117.8 million in June 2020, a month still plagued with pandemic-related closures.

June’s action yielded $71.3 million in gross gaming revenue, the most in operator revenue since sportsbooks posted a record $82.6 million in January. $164.4 million in parlay betting, which has a year-long hold of 17.8%, by far the highest of any type of bet, was the main revenue generator in June. Operator revenue was up 34.7% from $52.9 million in May and up exponentially over $12.6 million in June 2020.

All told, June’s betting yielded $10.5 million in state and local taxes.

March brought the highest betting volume in U.S. history, with $4.6 billion in legal bets placed across the U.S. With no football or betting holiday like March Madness, combined U.S. handle fell to $3.7 billion in both April and May. That is a 19.6% drop from March’s high. But New Jersey’s volume has outperformed the rest of the U.S., down 10.8% in June from $859.6 million in March.

New Jersey’s advantage, other than its close proximity to New York, is the popularity of the NBA in the Northeast. June saw $190.9 million in basketball-related bets, easily the most of any sport during the month. Through the first six months of the year, basketball has attracted $1.7 billion in wagering. That represents 34.5% of the $4.8 billion handle from events completed so far this year, the most of any sport by a considerable margin.

“While the sportsbooks in most states have been scouring the sports landscape for opportunities to drive interest, New Jersey’s books have successfully capitalized on the NBA playoffs and baseball,” said Eric Ramsey, analyst for PlayNJ.com.

89.1%, or $734.7 million, of June’s handle came through an online operator. FanDuel Sportsbook/PointsBet commanded the market lead once again with $38.1 million in gross revenue, up from $29.8 million in May.

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FanDuel was followed in revenue by:

Resorts Digital/DraftKings/Fox Bet ($13.0 million, up from $9.5 million in April)
BetMGM/Borgata ($5.6 million, up from $4.7 million)
Ocean Casino/William Hill ($2.3 million, up from $1.3 million)
Monmouth/William Hill/SugarHouse/TheScore ($2.0 million, up from $1.8 million)
Hard Rock/Bet365/Unibet ($642,297, up from $508,488)
Caesars Sportsbook/888sport ($243,981, down from $518,217)
Golden Nugget/BetAmerica ($80,615, up from -$87,211)
Tropicana/William Hill ($92,388, down from $48,000)

Meanwhile, retail sportsbooks continued to benefit from loosening restrictions with $83.9 million wagers in June, up from $79.6 million in May. Meadowlands/FanDuel led all retail books with $6.4 million in revenue in June.

The most mature U.S. market other than Nevada, New Jersey should get an infusion of new brands, including a potential Sports Illustrated-branded app, after SI and 888 Holdings announced a deal to create an app that could launch in multiple markets. This as voters get a chance to alter the market with a vote later this year to lift the state’s ban on wagering on in-state college teams.

“It feels like market share in New Jersey is cemented right now,” Ramsey said. “Right now, the state could really benefit from a small shakeup. A new brand with a well-known name like SI could help. So too would unlocking local college sports betting.”

Online casinos and poker

Online casinos and poker rooms extended their run of $100 million-plus revenue months to four, reaching $107.1 million in June. Revenue was up 26.1% from $84.9 million in June 2020, though down from $108.2 million in May.

The huge gains made in online gambling in 2020 has so far withstood the reopening of Atlantic City casinos. Through six months of 2021, online gaming has produced $634.2 million in revenue. That is well on pace to surpass the record $970.3 million in revenue in 2020 and easily reach $1 billion in revenue in a single year for the first time.

Borgata/BetMGM led in June with $34.3 million in casino and poker revenue. That topped rival Golden Nugget, which reached $27.6 million. Resorts Digital, which includes the Fox Bet and DraftKings brands, which has also made significant investments in its online gaming product over the last year, was third with $22.5 million in revenue.

“The positive effect of online sports betting, the race for market share, and the behavioral changes that stemmed from last year’s pandemic-related shutdowns continue to benefit online casinos and poker rooms,” Ramsey said. “$1 billion in annual revenue seems like a certainty now. And more growth could come this fall, even with Atlantic City recovering.”

Other highlights from June’s report:

Online casinos and poker rooms generated $18.7 million in state and local taxes.
Online casinos and poker generated $3.6 million per day in the 30 days of June, up from $3.5 million per day in May.
Online casinos accounted for $104.8 million of June’s revenue, up 28.8% from $81.4 million in June 2020.
Online poker generated $2.2 million, down 37.5% from $3.5 million in June 2020.

For more information and analysis on regulated sports betting and online gaming, visit PlayNJ.com/news.

Gambling in the USA

TCSJOHNHUXLEY to Sponsor Inaugural G2E Dealer Championship

Published

5 days ago

September 11, 2025

Peter Tolan

G2E Las Vegas 2025 is set to host the first-ever US Dealer Championship, and TCSJOHNHUXLEY is delighted to announce its sponsorship of this landmark event. The championship, which celebrates the skill and professionalism of casino dealers, will take place at The Venetian Expo from October 7-9, 2025.

The G2E Dealer Championship will bring together the nation’s top casino dealers to compete for the title of “Best Dealer.” Contestants will be judged on their technical precision, game knowledge, and ability to provide a superior player experience.

As a proud sponsor TCSJOHNHUXLEY will be supplying all the Roulette tables for the competition, ensuring the highest standard of equipment for the championship. This not only highlights the company’s commitment to the dealers but also provides the perfect platform to showcase its renowned manufacturing expertise. TCSJOHNHUXLEY’s world-class Roulette tables are testament to the precision engineering and superior craftsmanship that has set the industry standard for decades.

Phil Lee, TCSJOHNHUXLEY Chief Financial Officer & Managing Director Americas comments, “We are delighted to be a part of the first G2E Dealer Championship, an event that truly celebrates the invaluable role of casino dealers. Dealers are the heart of the live gaming experience, and we are committed to supporting their success. Our outstanding Roulette tables will provide the perfect platform for these talented professionals to showcase their artistry and skill.”

The G2E Dealer Championship will take place at Booth #5225, located in The Strip at G2E.

The sponsorship underscores TCSJOHNHUXLEY’s unwavering commitment to the live gaming sector and the professionals who drive its success. The company invites all attendees to witness the championship and visit its stand at Booth #4439 during the expo to see its full range of innovative solutions.

Gambling in the USA

Kindbridge Research Institute Launches “Stigma Stand Down” for Military Mental Health

Published

6 days ago

September 11, 2025

Niji Narayan

Kindbridge Research Institute (KRI), a national leader in behavioral addiction research, announced the launch of Stigma Stand Down (SSD), a Colorado statewide initiative dedicated to confronting stigma, breaking down barriers, and fostering resilience among active-duty service members, veterans, and their families impacted by mental health and gambling-related challenges.

Inspired by military “safety stand-downs,” SSD addresses the hidden burdens carried by those who serve, where stigma often prevents seeking help for mental health issues, including gambling disorder – a condition up to 3.5 times more prevalent in military populations than civilians. With over 60,000 active-duty, guard, and reserve personnel in Colorado, as well as the rapid growth of legalized sports betting since 2018, SSD arrives at a critical time to normalize conversations around mental health, PTSD, depression, substance use, and gambling-related harms.

“Stigma is a silent enemy that leaves our service members and veterans isolated, harming their families, units, and mission readiness. Stigma Stand Down is our frontline response: dismantling shame and delivering free, confidential, evidence-based care designed for military realities. We thank our partners for standing with us and call on more allies to help transform lives and build stronger communities,” said Mark Lucia, Director of Programming at Kindbridge Research Institute.

Key elements of Stigma Stand Down include:

• Education and Resources: Practical, no-jargon webinars, videos, and courses on gambling disorder, mental health, financial literacy, and stigma reduction, accessible via a dedicated, mobile-friendly website for leaders, families, and providers.

• Free Mental Health Support: Through a partnership with Kindbridge Behavioral Health – a specialized national telehealth provider for gaming, gambling, and mental health issues – military members and their families can access free, confidential virtual therapy sessions.

• Statewide Outreach: Multimedia campaigns, on-base distributions, geographically targeted ads, and veteran-led stories to reach rural and underserved areas, fostering a culture where seeking help is seen as strength.

• Self-Assessment Tools: An anonymous Gambling Self-Check (BBGS) screener providing immediate, personalized feedback to encourage early intervention.

SSD builds on insights from KRI’s 50×4 Vets initiative and partnerships with organizations including the University of Nevada Las Vegas, University of New Mexico, Cactus Advertising Agency, and Kindbridge Behavioral Health. This program was made possible through grants provided by the Colorado Division of Gaming and FanDuel.

Gambling in the USA

GAMING INDUSTRY’S TOP CEOs BILL HORNBUCKLE, PETER JACKSON & JASON ROBINS TO KEYNOTE G2E 2025

Published

1 week ago

September 9, 2025

Peter Tolan

Main Stage Also Features Tribal Innovation Discussion Oct. 6; Global Gaming Women to Present Mental Health Dialogue Oct. 8

The Global Gaming Expo, presented by the American Gaming Association (AGA) and organized by RX, announces its highly anticipated main stage programming for G2E 2025. Over three days, G2E will feature conversations with some of the most influential voices in gaming and offer diverse perspectives on the future of the industry. G2E 2025 takes place Oct. 6-9 at The Venetian Expo in Las Vegas and marks the event’s 25th year.

“We are honored to welcome a distinguished lineup of key industry leaders to the G2E main stage,” said AGA President and CEO Bill Miller. “As we mark 25 years of G2E, we’re proud to continue to be a catalyst for gaming’s growth, and our programming reflects the ideas and leadership shaping the industry’s future.”

Progress or Pressure: How Tribes Can Harness Innovation on Their Terms

Monday, Oct. 6 at 4 p.m. Doors open at 3:30 p.m.

Indian Gaming Association (IGA) Chairman Ernie Stevens Jr. will open the main stage by underscoring the central contributions of tribal operators to the U.S. gaming landscape and the challenges and opportunities that lie ahead.

Bringing together leading tribal voices, the program will explore how tribes embrace innovation on their own terms—balancing growth with sovereignty and long-term success. Panelists will address how emerging technologies, evolving business models, and the rise of illegal, unregulated markets are reshaping the competitive environment. The dialogue will highlight both the opportunities to harness new tools for sustainable growth and the pressures of protecting the industry’s integrity in a rapidly changing landscape.

Moderated by IGA’s Executive Director Jason Giles, the conversation will feature:

Rodney Butler, Chairman, Mashantucket Pequot Tribal Nation
James Siva, Chairman, California Nations Indian Gaming Association

Additional participants may be announced in the coming days.

Inside the C-Suite: Gaming’s Future in Focus on Stage

Tuesday, Oct. 7 at 8:45 a.m. Doors open at 8:15 a.m.

AGA President and CEO Bill Miller will open G2E 2025’s keynote session, welcoming global gaming professionals and underscoring the strength and momentum of legal gaming upon the opening of the industry’s biggest gathering of the year.

Following Miller’s remarks, Hope King, founder of Macro Talk, on-air contributor to Yahoo Finance, and events host and moderator for Axios, will lead an impactful series of one-on-one conversations with top global gaming CEOs. Discussions will address key trends and challenges shaping the industry—including investor expectations, domestic and international expansion, and intensifying competition in regulated and unregulated markets. Featuring:

Bill Hornbuckle – CEO & President, MGM Resorts International
Peter Jackson – CEO, Flutter Entertainment
Jason Robins – CEO, DraftKings

The session will conclude at 10 a.m., immediately followed by the opening of the expo floor.

Breaking the Stigma: An Honest Dialogue on Mental Health

Wednesday, Oct. 8 at 9 a.m. Doors open at 8:45 a.m.

Multi-sport athlete and mental health advocate Kendall Toole will share her personal journey in a conversation moderated by Global Gaming Women (GGW) Sip & Social Chair Meghan Speranzo. Presented by GGW, the session will foster an open dialogue on mental health, designed to reframe how attendees think about wellness and inspire stronger voices across the gaming industry and beyond. This conversation will be open to all badge holders. Ahead of the discussion, GGW will host their Sip & Social event from 8 a.m. – 8:45 a.m. in the same room. For more information on this separate networking event, visit globalgamingwomen.org/event-6325670.

Presented by the AGA and organized by RX, G2E’s full education lineup features more than 100 sessions. G2E 2025 runs from October 6-9 (Education: October 6-9 | Expo Hall: October 7-9) at The Venetian Expo in Las Vegas.

Since 2001, G2E has served as the premier global event for the legal, regulated gaming industry, fostering innovation and driving growth across casinos, hospitality, technology, iGaming, sports betting, and more. The event will welcome over 25,000 industry professionals from more than 120 countries, regions, and territories, and nearly 400 exhibitors showcasing the latest global gaming technologies.

For more information, visit globalgamingexpo.com.