Casino Growth and Online Sports Betting Drive NJ Revenue Surge

New Jersey’s gaming industry reported a total of $581.6m in revenue for June 2025, up 18.4% year-on-year, according to the New Jersey Division of Gaming Enforcement (DGE).  All three sectors – casino, iGaming and sports betting – posted increases, continuing the state’s positive trend seen throughout Q2.

Revenue from casino-hotels reached $259m, a 6.1% increase. However, slot machine win, the largest casino sub-sector, fell slightly by 0.7% to $182.8m. In contrast, table games revenue rose sharply by 26.9%, totalling $76.2m.

Casino property performance 

Borgata led all properties with $76.7m in casino win for June, an increase of 19.4%. Ocean Casino followed with $43.5m, up 30.1%, while Caesars saw a more modest gain of 7.4% to $20.5m. Hard Rock Atlantic City, however, posted a 5.5% decline to $45.8m.

Overall, most major operators reported stable or improved casino performance despite weaker slot machine figures.

iGaming sees continued expansion

New Jersey’s iGaming sector reported $230.7m in revenue for June, up 23.5% from the prior year. The bulk of this total came from “other authorised games”, which accounted for $228m and grew 23.7%. Peer-to-peer games generated $2.7m, up 9.4%.

FanDuel led the online casino segment with $53.3m in iGaming revenue – a 48.2% increase. 

DraftKings followed with $43.6m (+6.3%), while BetMGM reported $30.2m, a 35.3% gain. 

Other notable performers included Borgata ($20m, +12.3%), Caesars Palace ($16.9m, +49.2%) and Hard Rock Bet ($13.5m, +40.3%). 

Sports betting grows despite retail decline

Sports wagering revenue rose 52.9% to $91.9m, with $91.2m of that coming from online platforms. Retail sportsbook revenue, by contrast, dropped 48.5% to just $600,000.

FanDuel again led the vertical with $35.8m in revenue, up 22.9%. DraftKings followed at $24.3m, a 69.2% increase. BetFanatics posted a standout performance with a 571.3% rise to $12m in mobile betting revenue.

Total sports betting handle for June reached $790.4m, of which $755m came from online wagers. For the year to date, the DGE reported over $6bn in total handle and $558.2m in revenue, equating to a 9.2% hold rate.

Comparison with May 2025 and industry outlook

The June 2025 results follow a record-setting May, which saw $614.7m in gaming revenue – New Jersey’s strongest month of the year.  

That month featured a 28.5% rise in iGaming and 30.2% growth in sports betting, alongside a 10.9% boost in casino win. 

While June’s figures were slightly lower than May’s, the momentum remains strong. Operators continue to benefit from iGaming expansion and a resilient online betting market.

With year-to-date performance on track and regulatory innovations ongoing, stakeholders will be closely watching how Q3 shapes up – particularly ahead of the NFL season and potential new product launches across the market.