Sports betting revenue came in at $46.2m, an increase of 171.8% from $17.0m last year, but some way short of the record $82.6m recorded in January of this year.
Players spending on sports betting jumped 50.2% year-on-year to $743.0m, but this was the lowest monthly handle since August 2020, even after taking into account betting on the National Football League’s Super Bowl showpiece. Some $689.2m was wagered online and $53.7m at retail sportsbooks.
FanDuel and PointsBet at Meadowlands remained by far the market leaders in February, posting $27.2m in revenue, up 147.3% on last year. Resorts Digital and DraftKings followed with $7.7m, then the Borgata on $5.0m.
Looking at online casino and revenue here reached $93.8m, which was up 80.4% from $52.0m last year, but down 9.6% from January’s record of $103.8m.