Super Bowl LVIII Betting in New Jersey Hits $141.6 Million, Up 30% from Last Year

Attorney General Platkin and the NJ Division of Gaming Enforcement reveal a 30% surge in Super Bowl wagering, with revenues nearing $8.5 million.

Attorney General Matthew J. Platkin, alongside the New Jersey Division of Gaming Enforcement (DGE), has disclosed preliminary figures for Super Bowl LVIII betting, showcasing a notable uptick in sports wagering within the state. According to the latest data, Atlantic City casinos and New Jersey equine racetracks saw Super Bowl wagering soar to approximately $141.6 million, eclipsing last year's total by 30%.

This year's betting frenzy led to a projected total sports wagering payout of $133.1 million, culminating in an impressive win of nearly $8.5 million for sports wagering establishments. The increase in wagering volume from the previous year's Super Bowl, which totaled $109.3 million, underscores the growing enthusiasm and participation in sports betting among New Jersey residents and visitors.

The reported figures span New Jersey's 12 retail sportsbooks and 18 sports wagering mobile applications, reflecting the state's expansive and accessible betting infrastructure. Comparatively, last year's Super Bowl wagering involved 27 sports wagering mobile applications, alongside the same number of retail sportsbooks, generating a total payout of $96.5 million and a win of $12.8 million for the books.

The surge in Super Bowl wagering activity highlights the dynamic nature of the sports betting market in New Jersey, demonstrating the state's pivotal role in the broader landscape of legalized sports gambling in the United States. The DGE's preliminary data not only reflects the financial success of this year's event but also indicates the continued growth and popularity of sports wagering among the public.

This trend towards increased sports betting, especially on high-profile events like the Super Bowl, suggests a promising outlook for the industry in New Jersey. It also underscores the effectiveness of the regulatory framework and the competitive market that has been established, contributing to the state's reputation as a leading destination for legal sports wagering.

As the final figures are tallied, the Super Bowl LVIII wagering totals reinforce New Jersey's status as a robust market for sports betting, with the industry showing no signs of slowing down. The success of this year's event is a testament to the state's strategic investments in gaming infrastructure and regulatory oversight, ensuring a secure and thriving environment for sports wagering enthusiasts.