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Casino

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

Monday 18 de August 2025 / 12:00

2 minutos de lectura

(New Jersey).- Strong year-over-year growth continues, with online gaming driving market momentum while traditional casinos post gains and sports betting dips.

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.

Categoría:Casino

Tags: Sin tags

País: United States

Región: EMEA

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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