New Jersey sportsbooks felt the sting of a Philadelphia-less Super Bowl this time around.
Key Takeaways
- New Jersey’s Super Bowl LX handle was $41.5 million less than the previous year.
- Overall revenue dipped despite improved Big Game profits.
- February weather impacted retail sports betting and casinos.
Without the neighboring Eagles playing in the NFL’s Big Game in February and replaced by Seahawks-Patriots, the online and retail sports betting handle dipped 14.4% to $846.4 million, according to the New Jersey Division of Gaming Enforcement’s report.
Super Bowl LX accounted for $126.5 million of February’s total amount wagered, significantly down from the $168 million produced from the previous year’s Big Game between the Eagles and Kansas City Chiefs.
Not much else generated betting interest in February, as the non-Super Bowl handle decreased 12.2%.
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Big Game revenue up, overall profits down
This year’s Super Bowl, however, was much more profitable than when the Eagles won in 2025. The Big Game’s revenue of $38.7 million from an over 30% hold spiked 35% compared to the previous year.
Still, New Jersey revenue of $66 million in February was down 10.3% from the same month in 2025. The 7.8% hold was only slightly higher than the 7.4% win rate produced in February 2025.
Between a less interesting Super Bowl for New Jersey bettors and multiple snowstorms, retail sports betting fell off by 36% compared to the previous February.
Online sportsbooks accounted for $65.8 million of the total revenue.
New Jersey sports betting operators paid out $13.9 million to the Garden State, which has hauled in $37.8 million in tax revenue during the first two months of 2026.
Most mobile operators fall off
| Online Operator | February Revenue | YTD Revenue |
|---|---|---|
| FanDuel | $29.5 million | $75.2 million |
| DraftKings | $17.2 million | $47.8 million |
| BetMGM | $4.8 million | $12.8 million |
| bet365 | $4.7 million | $12 million |
| Fanatics Sportsbook | $4.5 million | $15.4 million |
| Caesars | $1.6 million | $4.8 million |
FanDuel led all online operators in February with a revenue of $29.5 million. However, profits fell off significantly from January’s $45.6 million and were down 12.8% from the same month last year. Year-to-date revenue for FanDuel dipped 13.6%.
DraftKings saw an even bigger year-over-year profit decrease, dropping 14.9% to $17.2 million, and the $47.8 million profits from 2026 were down 14.4%. BetMGM barely took third place in revenue with $4.8 million, just ahead of bet365 and Fanatics. However, year-over-year profits were down 18.8% for BetMGM, while Fanatics spiked 30.4% and bet365’s revenue jumped 15.9% from February 2025.
Caesars was the only other online operator to produce at least $1 million in revenue during February. TheScore Bet fell less than $100,000 shy of seven figures as year-over-year revenue decreased by 40%. Prime Sportsbook was the only Garden State mobile sportsbook to finish in the red a year after generating over $114,000 in revenue.
iGaming thrives
Bad weather impacted in-person slots and table games as well. Land-based casinos reported a small 0.3% year-over-year revenue dip to $202.9 million in February, leading to a 0.7% drop in year-to-date revenue of $416.2 million.
That wasn’t the case for online casino operators, which experienced a 21.2% year-over-year revenue spike to $251.8 million. iGaming has generated over $507 million in profits during the first two months of 2026, an 18.9% increase compared to the same span in 2025.
Online casinos also accounted for $55.7 million of New Jersey’s $84.4 million tax haul from the month’s $520.8 million total gaming revenue.
