New Jersey’s online and retail sportsbooks took in nearly $1 billion in wagers in February even as revenue dropped significantly. But a 33% year-over-year gain in wagering combined with another strong month in online casino gambling is more evidence of the resilience of the New Jersey gaming industry, according to PlayNJ, which tracks gaming developments in the state.

“New Jersey’s online and retail sportsbooks continue to follow the same historical seasonal patterns, showing only a modest impact from New York’s entry into the online sports betting space,” said David Danzis, an analyst for “That is a cause for relief for those that are heavily vested in the success of the state’s industry, including the state itself.”

New Jersey’s online and retail sportsbooks attracted $985.6 million in bets in February, which was down 26.9% from the record $1.35 billion in January, according to official reporting released Wednesday. Most telling, though, betting volume was up 32.7% from the $743.0 million in bets that sportsbooks accepted in February 2021. Read More from Play NJ.