Division of Gaming Enforcement reports strong December 2019 internet gambling growth for New Jersey

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NEW JERSEY: Internet Gaming Win stood at $49.3 million in December 2019 compared to $29 million in the prior year period, reflecting a year-over-year growth of 70.0%, New Jersey’s Division of Gaming Enforcement (DGE) reported.

GAN plc updated the market following the publication on January 14, 2020, by New Jersey’s Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of December 2019 in New Jersey.

Internet Gaming Win was $49.3 million in December compared to $29.0 million in the prior year period, reflecting a year-over-year increase of 70.0%.

Total Internet Sports Wagering Handle (Gross amount of money accepted in wagers) was approximately $488.9 million for the month of December, compared to $486.8 million for the month of November 2019; $417.0 million for the month of October 2019; and $374.2 million for the month of September 2019.

Internet Sports Wagering Gross Revenues for the month of December were $25.5 million, compared to $14.7 million in December 2018, reflecting a year-over-year increase of 74.0%, and is further comparable to $27.8 million for the month of November 2019; $38.7 million for the month of October 2019; and $29.4 million for the month of September 2019.

GAN Plc is an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States.

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