- New Jersey produced a $932.4 million sports betting handle in April.
- Sports betting revenue in New Jersey produced $102.1 million.
TRENTON, N.J. – It was an active April for New Jersey sports betting following the New Jersey Division of Gaming Enforcement’s release of the month’s sports betting handle and revenue numbers. Legal sports betting in New Jersey produced under a billion-dollar handle at $932.4 million, while their revenue numbers were reported at $102.1 million.
Despite this being a decent revenue month, the handle did take a dip compared to March, having dropped nearly $80 million. This comes as a surprise considering April is a major sports month headlined by the end of the NCAA basketball tournament, the beginning of NBA and NHL playoffs, the Masters tournament, and the full swing of MLB season.
Still, a high 11% hold kept the sports betting revenue numbers for the month afloat, making for the second most profitable number of 2026 behind January’s $114.2 million. The hold-percentage in April of 2025 was just 6.6%, which produced $65.8 million in revenue compared to over $102 million in 2026.
Following the release of the New Jersey sports betting revenue numbers in April, that brings the grand total for the first four months of 2026 to just over $370 million. That’s a 3.6% increase compared to this point last year.
Which Sportsbooks Produced The Most
The biggest winner in terms of sports betting revenue is FanDuel, as they paved the way with $39.7 million in revenue. DraftKings trails them with $25.7 million in revenue reported. The two are the only operators in the state to surpass $10 million in revenue for the month. FanDuel also led with a 25% increase year over year, while DraftKings saw a 15% increase.
As for the remaining sportsbooks in New Jersey, Fanatics reported $9 million in revenue, BetMGM $8.8 million, bet365 $7.3 million, and Caesars, with the lowest at $2.6 million. The $7.3 million posted by bet365 is an impressive 30% increase year-over-year, making a big leap in April 2026.
