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Press Releases

PlayNJ.com: New Jersey sportsbooks nearly hit $1 billion in December; set U.S. annual handle record

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Sports Betting Market Size Is Likely to Experience a Tremendous Growth of USD 167.66 billion by 2029, registering a CAGR of 10.26 % by Size and Share, Industry Growth, Regional Outlook, Challenges and Analysis

 

New Jersey fell just short in December of becoming the first state to accept $1 billion in sports bets in a single month, but still extended a streak of record-setting months while reaching a record $6 billion in wagers for the year. This while online casinos and poker set a new high, again helping to stem the millions in revenues losses by struggling Atlantic City casinos, according to PlayNJ, which offers news and analysis of the state’s gaming industry.

ā€œA unique set of circumstances, most notably a once-a-century pandemic, sent online sports betting to these previously unfathomable highs,ā€ said Dustin Gouker, lead analyst for PlayNJ.com. ā€œThe pandemic has had a diametrically opposite effect on New Jersey’s online and retail markets for both sports betting and casino games. But the growth of online betting was crucial in making up for at least some of the losses in revenue at Atlantic City casinos and certainly continue to steady the entire gaming industry.ā€

In December, New Jersey’s sportsbooks collected a record $996.3 million in wagers, according to official data released Wednesday. That surpassed the record $931 million bet in November, and marked the fifth straight month the state has set an all-jurisdiction record. Since August, sportsbooks have amassed $4.1 billion in bets.

December’s bets generated a record $66.4 million in revenue. Year-over-year, handle was up 78.6% from the $557.8 million bet in December 2019 and revenue was up 125.6% from $29.4 million in December 2019. December’s bets produced $8.3 million in state taxes.

For all of 2020, New Jersey’s retail and online sportsbooks produced:

  • Ā $6.02 billion in bets — a record for any legal jurisdiction despite major U.S. sports being shut down for four months —and up 31.3% from $4.6 billion in 2019.
  • $5.5 billion in online wagering, up 44.2% from $3.8 billion in 2019.
  • $398.5 million in operator revenue, up 33.1% from $299.3 million in 2019.
  • $50.1 million in state taxes and $15 million in local taxes.

ā€œEven when post-pandemic life returns to normal, online sports betting won’t likely give up its gains from this year,ā€ said Eric Ramsey, analyst for PlayNJ.com. ā€œThe silver lining for the industry was that this year was an opportunity for online operators to focus heavily on their products and build their customer base, using a combination of technology improvements and aggressive promotions. That has matured the market far more quickly than was projected.ā€

Online betting generated 93.3%, or $929.3 million, of the state’s total handle in December, down from 93.6% in November. FanDuel Sportsbook/PointsBet topped online operators with $29 million in gross revenue, up from $21.2 million in November.

FanDuel was followed in revenue by:

  • Resorts Digital/DraftKings/Fox Bet ($15.4 million, up from $14.6 million in November)
  • BetMGM/Borgata ($6.3 million, up from $1.3 million)
  • Monmouth/William Hill/Sugarhouse/TheScore ($3.3 million, up from $1.9 million)
  • Ocean Casino/William Hill ($3.2 million, down from $3.6 million)
  • Hard Rock/Bet365/Unibet ($562,188, up from $363,099)
  • Caesars Sportsbook/888sport ($489,141, up from $247,615)
  • Golden Nugget/BetAmerica ($343,849, up from $199,667)
  • Tropicana/William Hill ($108,427, up from $105,028)

Retail sportsbooks generated $67 million in bets, down from $75.9 million in December 2019. Meadowlands/FanDuel topped retail books in December with $4.2 million in revenue. For the year, retail books generated $38.6 million in revenue, down from $54.9 million in 2019.

ā€œThe race for market share seems to be frozen in place,ā€ Gouker said. ā€œAn expected launch of Penn National’s Barstool-branded sportsbook in 2021 could shake things up, but as of yet no operator has really eaten into the market share of FanDuel or DraftKings.ā€

Online casinos and poker just miss $100 million

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New Jersey’s online casinos and poker rooms generated a record $99.5 million in revenue, up 101.6% from $49.3 million in December 2019 and shattering the previous record of $93.5 million. The month produced $14.9 million in state taxes.

December closed the books on a remarkable year in which online casinos tallied $970.3 million in revenue — a 101% gain over the $482.7 million in 2019 — and produced $145.7 million in state taxes. With revenue at retail casinos down $1.2 billion for the year compared with 2019, the dramatic rise in online gaming revenue was critical in offsetting some of the losses.

ā€œIt’s scary to think of where New Jersey’s gaming industry would be without online casino gaming,ā€ Ramsey said. ā€œEvery dollar of revenue gained and tax dollar generated from online gaming proved desperately needed.ā€

Some other highlights from December’s report:

  • Online casinos and poker generated $3.2 million a day over 31 days in December, up from $3.1 million a day over 30 days in November.
  • Golden Nugget led online casinos with $29.4 million in December revenue, up from $26 million in November. But Borgata continued to eat into a market lead that once seemed insurmountable, hitting $27.2 million in December. Resorts Digital was third with $21 million.
  • Revenue from online casinos was $96.4 million, up from $89.4 million in October. Online poker produced $3 million, up from $2.4 million in October.

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

 

About the PlayUSA.com Network:

The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA.com and its state-focused branches produce original daily reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

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Gambling in the USA

Chris Barranco Joins Quick Custom Intelligence as Director of Business Development

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Quick Custom Intelligence (QCI), a leading provider of AI-driven analytics and enterprise solutions for the gaming and hospitality industry, today announced the addition of Chris Barranco as Director of Business Development.

Barranco brings 25 years of experience leading high-performing teams, driving revenue, and building durable client relationships. He is adept at solution-selling methodology and full sales-cycle management, with a proven track record of mentoring top-tier account executives, delivering high-impact presentations, and retaining key accounts. Known for a tenacious approach to new-business development and customer loyalty, Barranco will focus on expanding QCI’s market footprint, strengthening the partner ecosystem, and advancing go-to-market execution across QCI’s product portfolio.

ā€œI’m excited to join the clear market leader and work with the exceptional team at QCI,ā€ said Chris Barranco, Director of Business Development at QCI. ā€œQCI’s commitment to turning data into action aligns perfectly with my approach to helping customers achieve measurable revenue impact. I look forward to working closely with our clients and partners to accelerate growth and deliver exceptional outcomes.ā€

ā€œWe’re delighted to welcome an industry veteran of Chris’s caliber to the QCI team,ā€ said Andrew Cardno, CTO and Co-Founder of QCI. ā€œHis leadership, mastery of solution selling, and passion for customer success will further strengthen our ability to scale, deepen client relationships, and deliver the operational results our customers expect.ā€

As Director of Business Development, Barranco will lead initiatives to expand QCI’s presence across key markets, refine sales enablement programs, and collaborate with product and customer success teams to ensure a seamless path from discovery to measurable value realization.

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Latest News

WSOPĀ® PARADISE 2025 REVEALS FULL TOURNAMENT SCHEDULE WITH NEW EARLY-BIRD PACKAGES

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The record-breaking poker festival in the Bahamas adds fresh events and exclusive perks for players booking earlyĀ 

The World Series of Poker (WSOPĀ®) today unveiled the complete schedule for the highly anticipated WSOP Paradise 2025, which will take place at Atlantis Paradise Island in the Bahamas from Dec. 4 through Dec. 18. This announcement also introduces two new, limited-availability early-bird packages, designed to provide players with unmatched value and exclusive benefits.

This year’s festival expands on its commitment to high-stakes action with a full slate of 15 WSOP gold bracelet events:

Event

Date

Buy-In

#1 Circuit Championship Mystery Bounty NLH – $5M GTD

Dec. 4

$2.5K

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#2 Triton PLO 6-Handed

Dec. 4

$75K

#3 Triton PLO Main Event

Dec. 5

$100K

#4 High Roller Turbo NLH

Dec. 6

$50K

#5 Triton Invitational – NLH

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Dec. 7

$250K

#6 Super COLOSSUS NLH

Dec. 7

$5K

#7 Super PLOSSUS PLO

Dec. 8

$10K

#8 Triton NLH 7-Handed

Dec. 8

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$125K

#9 Triton NLH Main Event

Dec. 9

$100K

#10 Triton NLH 8-Handed

Dec. 10

$150K

#11 Super Main Event NLH – $60M GTD

Dec. 10

$25K

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#12 8-Game Mix 6-Handed

Dec. 11

$10K

#13 High Roller PLO

Dec. 13

$50K

#14 GGMillion$ NLH – $10M GTD

Dec. 15

$25K

#15 The Closer NLH Turbo Bounty

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Dec. 16

$10K

This year’s WSOP Paradise features an expanded partnership with Triton Poker, the leading high-stakes tournament operator. In 2024, two gold bracelet events were curated by Triton; the number increases to six in 2025, with WSOP bracelets going to the winners of Event #2 Triton PLO, Event #3 Triton PLO Main Event, Event #5 Triton NLH Invitational, Event #8 Triton NLH 7-Handed, Event #9 Triton NLH Main Event and Event #10 Triton NLH 8-Handed.

To reward early registrants, WSOP is introducing two new early-bird packages for players looking to secure their seats, with both offering massive added value:

  • The $100K Paradise Package – limited to just 500 packages, includes a 13-night stay (Dec. 5 to Dec. 18), complimentary access to the WSOP buffet and a $500 food & beverage room credit. The deposit to secure is $10,000.

  • The $300K VIP Package – includes a 15 night stay (Dec. 3 to Dec. 18), complimentary access to the WSOP buffet, a $1,000 food & beverage room credit plus one Ć” la carte meal from the Triton menu per day. The deposit to secure is $15,000.

For the first time at WSOP Paradise, resort fees are included in the package price, and the room credit is also provided for use throughout the resort. The full package amount must be played in WSOP Paradise events.

GGPoker will once again serve as the exclusive international satellite partner, aiming to send more than 1,000 players to the Super Main Event. WSOP Express and Road to Paradise qualifier tournaments are already underway in the GGPoker tournament lobby. Additionally, over 500 players are expected to qualify for the Circuit Championship through WSOP Circuit gold ring events (running from Jul. 1 through Dec. 2, 2025, both live and online), and ClubGG plans to send more than 400 players to the same event.

In an exciting new partnership, PokerStake will cover up to 50% of the unsold action for Circuit Package winners who choose to list their Super Main Event action on the platform.

ā€œI said last year that a $50M guarantee was crazy, but adding another $10,000,000 on top is absolutely insane! The WSOP is bringing the biggest high rollers and the best poker experience possible back to paradise,” said Daniel Negreanu, GGPoker Global Ambassador. ā€œWith the new Super Mystery Bounty event and the expanded partnership with Triton, this is a can’t-miss festival for players of all levels. I can’t wait to be a part of it.ā€

ā€œWith the WSOP Paradise at Atlantis Paradise Island tournament schedule now set, the countdown to The Bahamas IS ON! This year’s lineup delivers an unbeatable mix of world-class events, record-breaking guarantees, and unforgettable poker moments in one of the most iconic destinations on the planet. From seasoned pros to newcomers, players from around the globe will find their place in paradise, and their shot at history,ā€ added Joe Brunini, Chief Gaming & Customer Development Officer, Atlantis Paradise Island.

WSOP Paradise 2025 will feature a daily live stream from Dec. 12 through Dec. 18 on the WSOP YouTube channel, with CBS Sports Network television coverage planned for distribution in early 2026.

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Further details on event structures and schedules will be available on the WSOP+ app. The WSOP reserves the right to cancel, change, or modify the tournament or any tournament event, in part or in whole, without notice. Entry fees will be added to all events, and up to 3% of tournament buy-ins will be withheld for staff and operational costs. Guaranteed events are paid out after deducting the percentage for costs from the total prize pool.

Please follow @WSOP on X (formerly Twitter) and Instagram or check WSOP.com for more event news and updates: wsop.com/news/2025-wsop-paradise.

For more information on WSOP Express, please visit: ggpoker.com/tournaments/wsop-express/.

To book your Atlantis stay at exclusive WSOP rates starting from $199 per night, please visit: atlantisbahamas.com/wsop-in-paradise

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eSports

Fighting Game GOAT Justin Wong Joins BASILISK, Science’s Esports Team

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Nine-time Evo Champion and Guinness World Record Holder Brings Legendary Status to Captain New Team, Recruit Talent, and Advance Science’s Role in Competitive Gaming

BASILISK, the global esports organization built to champion science, today announced the signing of legendary fighting game competitor Justin ā€˜JWong’ Wong as captain of its newly formed Fighting Game Community (FGC) Division. Wong will lead BASILISK’s entry into the FGC by recruiting players, developing community events, and creating FGC – science crossover content.

ā€œJustin isn’t just a competitive genius – he is a cultural icon and humble leader within the FGC,ā€ said BASILISK co-founder Christopher Bothur. ā€œWe are incredibly proud to have him leading our FGC division and support the amazing work he already does for the community.ā€

A nine-time Evolution Championship Series (Evo) Champion and Guinness World Record holder, Wong brings unparalleled FGC credibility and expertise to BASILISK. His reach extends across the entire FGC fandom of millions, and he was immortalized in Evo Moment #37 which has over 100 million views.

As Captain of BASILISK FGC, Wong will leverage BASILISK’s data analytics to scout and train the next generation of FGC pros.

ā€œMath is super important to fighting games. I’m excited to join science’s esports team,ā€ said Wong upon joining BASILISK. ā€œI’m passionate about finding promising players with a positive mentality and shaping them into the next big thing. I want to see somebody else in the spotlight after me and help them reach their potential. If we can discover the next world champion, that would be fantastic.ā€

The signing comes on the heels of BASILISK’s new partnerships with The Planetary Society and Caltech’s Institute for Quantum Information and Matter (IQIM), announced in July. These collaborations create a powerful bridge between renowned scientific institutions and gamers, which Wong will amplify to his millions of followers and fans.

ā€œJustin is a dream addition to our organization,ā€ added BASILISK co-founder Hans Kassier. ā€œHe exemplifies the dedication and analytical capacity required to be an esports champion or great scientist.ā€

Wong becomes the second ā€œGOATā€ (Greatest of All Time) to join BASILISK, alongside Finnish StarCraft 2 legend Joona ā€˜Serral’ Sotala, who just captured the SC2 Esports World Cup Championship in July 2025. The signing also creates opportunities for cross-over content with BASILISK’s diverse roster, including chess Grandmaster Vincent Keymer and award-winning science communicator Kyle Hill, who brings over 2.5 million followers and a vast network of science enthusiasts to the organization.

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