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Reports & Data

Casino Growth and Online Sports Betting Drive NJ Revenue Surge

Thursday 17 de July 2025 / 12:00

2 minutos de lectura

(New Jersey).- Gaming industry posted impressive growth in June 2025, with overall gambling revenue up 18.5% year-on-year and in-person casinos outperforming online platforms. Sports betting soared—especially on mobile—while leading operators like FanDuel, DraftKings, and BetFanatics recorded major gains. With Q3 around the corner and NFL season approaching, the market is primed for continued momentum. Dive into the full breakdown and future outlook.

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.

Categoría:Reports & Data

Tags: Sin tags

País: United States

Región: North America

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