The New Jersey Division of Gaming Enforcement has posted December’s revenue results, and in regards to iGaming, there are two numbers that really pop out.

One is $273.2 million, which is the combined monthly revenue produced by the more than two dozen New Jersey online casino operators. It also happens to be a new monthly record, topping October’s $260.3 million.

The second is $2.91 billion. That would be the total revenue produced by the Garden State iGaming operators during 2025. It marks a 22% increase from the $2.39 billion reported one year earlier.

New Jersey’s total 2025 gaming revenue, which includes Atlantic City’s nine land-based casinos and sports betting, came out to $6.98, up 10.8% from the $6.3 billion reported in 2024. The iGaming sector was the biggest contributor to the grand total, accounting for nearly 42% of the total gaming revenue.  By comparison, the $2.89 billion earned from Atlantic City slots and table games made up 41.4%

NJ iGaming just misses $3B year

Last year was the closest NJ online casinos have come to cracking the $3-billion plateau since the industry went live more than a decade ago. Over the last five years alone, the sector’s upward trajectory has gone from earning $1.37 billion in 2021 to $2.91 four years later.

The most recent results also happen to be the first time ever that annual online gambling revenue surpassed land-based earnings.

James T. Plousis, Chairman of the New Jersey Casino Control Commission, issued a statement that provided insight on how both sectors are succeeding. “Atlantic City’s annual casino win grew 2.7% compared to 2024, achieving its best result since 2012 – demonstrating that in-person and online gaming can succeed together,” Plousis said.

FanDuel, DraftKings earn $50M-plus for December

When looking at the top individual operators from December, FanDuel and DraftKings casinos remain the market leaders.

Besides leading all operators with $61.9 million in monthly revenue, FanDuel enjoyed a 23.6% year-over-year increase from last December.

DraftKings Casino finished second with $51.2 million.

BetFanatics also stood out in the pack as a result of enjoying a 263.1% increase with $12.8 million, up from December 2024’s $3.5 million.

The table below provides a breakdown of the top-performing NJ online casinos for 2025.