GAN’s Online Gambling Revenue in New Jersey Rises in March 2020
GAN plc has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of March 2020 in New Jersey, by New Jersey’s Division of Gaming Enforcement (DGE).
Internet Gaming Win was $64.8 million in March, compared to $39.1 million in the prior-year period, reflecting a year-over-year increase of 65.6%.
Total Internet Sports Wagering Handle was approximately $163.4 million in March, compared to $436.5m in February 2020.
Internet Sports Wagering Gross Revenue (after payouts) for March was $13.3 million, compared to $24.3 million in March 2019.
Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.
