GAN Provides June 2020 Internet Gambling Market Update for New Jersey

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GAN Limited has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of June 2020 in New Jersey, by the New Jersey’s Division of Gaming Enforcement (DGE).

Internet Gaming Win was $84.9 million in June, compared to $38.1 million in the prior year period, reflecting a year-over-year increase of 123.1%.

Total Internet Sports Wagering Handle was approximately $165.0 million in June, compared to $117.8m in May 2020.

Internet Sports Wagering Gross Revenues (after payouts) for the month of June were $12.8 million, compared to $6.9 million in June 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.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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