New Jersey’s sports betting market hit new heights in January, setting a record for betting handle, although revenue took a slight dip.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s licensed bookmakers handled wagers worth $385.3m, up more than one-fifth from December’s total and a new market record. The numbers reflect early interest in the 2019 Super Bowl, which reported nearly $35m in betting handle, albeit some of those wagers would have been placed in February.

January’s online betting handle came in just under $305m, representing nearly 80% of overall betting turnover and a 25% rise from December’s online handle. By contrast, retail wagering was up a modest $2.2m from December to $80.3m.

January’s betting revenue – which under the DGE’s definition includes pending wagers – hit just under $18.8m, about $2m below December’s result. Actual wagering revenue from ‘completed events’ came in just under $15.5m, half of which was won via football.