New Jersey Gambling Landscape: A Unique Perspective on June’s Revenue Trends
In June, New Jersey’s gambling scene showcased a vibrant diversity in revenue streams, with land-based casinos leading the pack despite notable growth in iGaming and sports betting.
The state’s overall gambling earnings surged by 18.4% compared to the same month last year, totaling an impressive $581.6 million. However, this figure fell short of the $614.7 million high recorded in May, marking a 5.4% decline.
Analyzing the data from the New Jersey Division of Gaming Enforcement reveals that, although the digital realms of iGaming and sports betting exhibited significant growth, traditional casinos attracted the highest revenue.
iGaming Achievements
Focusing on the iGaming sector, revenue soared to $230.7 million, reflecting a robust 23.5% increase year-on-year, yet it still lagged behind May’s record of $246.8 million. Online game offerings, particularly slots, played a pivotal role, contributing $228 million, while peer-to-peer online poker added a modest $2.7 million.
Leading the iGaming pack were FanDuel and the Golden Nugget Atlantic City, amassing $53.3 million. DraftKings, allied with Resorts Casino Hotel, followed closely with $43.6 million, while BetMGM and Borgata brought in $30.2 million. Other notable performers included Borgata’s platform with $20 million, and Caesars Palace along with Tropicana Atlantic City, rounding out the top tier with $16.9 million.
Surge in Sports Betting
When it came to sports betting, New Jersey experienced a substantial jump of 52.9% year-on-year, reaching $91.9 million, predominantly driven by online betting, which accounted for $91.2 million. Monthly betting activity saw an uptick to $790.4 million, up 5.6% from the previous year, with online wagering representing $755 million of this total.
FanDuel and Meadowlands led the online market with $35.8 million, with DraftKings and Resorts maintaining a strong second at $24.2 million. Notably, retail betting faced challenges, generating only $612,656, as most of the revenue stemmed from racetrack sportsbooks.
Land-Based Casinos: The Revenue Leaders
While growth in land-based venues was the slowest among the three segments, their total revenue of $259 million still represented a respectable 6.1% growth year-on-year. Slot machines dominated this segment, pulling in $182.8 million, complemented by $76.2 million from table games.
Tax contributions from the gambling sector reached $62.8 million in June, comprised of $34.5 million from iGaming, $16.2 million from land-based casinos, and additional figures from online and retail sports betting.
Year-to-Date Insights
Looking at the broader year-to-date picture, New Jersey’s total gambling revenue for the first half of 2025 reached $3.12 billion, a noteworthy 8.5% increase over the previous year. Breakdown figures show that iGaming accounted for $1.39 billion, land-based casinos brought in $1.38 billion, and sports betting contributed $552 million to this total, with overall tax income for the period standing at $364.4 million.
In summary, New Jersey’s gambling industry remains robust and dynamic, showcasing an intriguing interplay between traditional venues and the digital landscape. With ongoing trends hinting at continuous evolution, the state’s gamblers are set to experience varied and enriching opportunities ahead.