Blue Flower

New Jersey Sportsbooks Rake In $90.5 Million in April Revenue Despite Dip in Betting Volume

New Jersey’s sports betting market delivered strong returns in April 2025, with sportsbooks generating $90.5 million in gross revenue, even as the total betting handle slipped just below the $1 billion threshold. The $994.4 million handle represented a 10.4% decline from March and a modest 1.5% drop compared to April 2024, according to data from the New Jersey Division of Gaming Enforcement.

 

According to a 2025 Gambling Industry Report by iGaming Direct, this fits into the current global gambling market expansion. Thus, gaming industry experts believe this is just the tip of the iceberg. Especially with the FIFA Club World Cup taking place this summer in Atlanta which will increase the betting volume.

 

An Eventful Month for Sports Bettors in New Jersey

 

April wasn’t short on action. The betting calendar was stacked with high-profile sporting events that kept fans and sportsbooks busy.