New Jersey Gambling Revenue Hits $606M in July 2025 as Online Casinos Set Record

New Jersey’s gambling industry reported significant gains in July 2025, generating $606.2 million in total gaming revenue — a 10.7% increase compared to the same month in 2024. This continued growth cements the state’s position as a leader in the U.S. gaming market.

Online Casinos Reach All-Time High with $247M

The standout performer was online casino gaming, which brought in a record-breaking $247.3 million in July alone — a 25%+ increase year-over-year. This marks the highest monthly revenue figure ever for New Jersey’s internet gambling sector.

Year-to-date, online casinos have generated $1.63 billion, reflecting more than 23% growth compared to the same period in 2024.

Top operators leading the surge include:

FanDuel: $52 million (+38% YoY)

DraftKings: $48.6 million

BetMGM: $31.4 million

Caesars Palace Online: $18.7 million (+50% YoY)

The competitive environment among these top brands is fueling innovation and driving higher user engagement across platforms.

Atlantic City Casinos Show Modest Gains

Land-based casinos in Atlantic City reported $284.1 million in revenue for July, a 4.3% rise from July 2024. Notable highlights include:

Borgata: $80 million (highest grossing)

Ocean Casino Resort: Fastest growth (+18%)

Hard Rock Atlantic City: Continued positive momentum

Despite these gains, several older properties still lag behind pre-pandemic levels, underlining a shift in consumer preference toward newer, more modern venues.

Sports Betting Revenue Declines

In contrast to other verticals, sports betting revenue dropped to $74.8 million — a 6.6% decrease compared to July 2024. The total sports betting handle for the month reached $664 million.

So far in 2025, New Jersey’s sports betting revenue stands at $626.8 million, about 4% lower year-over-year.

2025 on Track for Record-Breaking Year

Despite the dip in sports wagering, New Jersey’s gambling market overall is having a record-breaking year. From January through July, total gaming revenue has reached $3.92 billion — the highest year-to-date figure ever recorded in the state.

In July alone, tax revenue from gambling totaled $81.7 million, contributing to $446.1 million in total tax contributions so far this year — a major boost to New Jersey’s public finances.