Year-on-year growth of 18.4% underscores market resilience and digital momentum
Total Gaming Revenue Hits $581.6M: A Robust 18.4% Annual Gain
New Jersey’s gambling market continues to thrive, with the New Jersey Division of Gaming Enforcement (DGE) reporting $581.6 million in total gaming revenue for June 2025, representing an 18.4% increase year-on-year. The state’s three core verticals—casino gaming, iGaming, and sports betting—all posted impressive gains, signaling a healthy industry ecosystem as Q2 draws to a close.
While this figure falls short of May’s record-setting $614.7 million, the sustained momentum suggests long-term strength, particularly in digital channels.
iGaming: A Clear Growth Engine
New Jersey’s iGaming vertical continues to outperform expectations, growing 23.5% year-on-year to $230.7 million. The bulk of this came from “other authorized games” like slots and table games, which grew 23.7% to $228 million. Peer-to-peer poker revenue was more modest at $2.7 million, but still saw a 9.4% rise.
FanDuel led the digital casino segment with $53.3 million, up 48.2% year-on-year, while DraftKings followed at $43.6 million (+6.3%) and BetMGM posted a notable 35.3% rise to $30.2 million. Caesars Palace Online and Hard Rock Bet also saw strong double-digit gains.
This sharp upward trajectory reflects increased consumer comfort with online gaming, regulatory stability, and continued product innovation, including exclusive games and live dealer enhancements.
Casino Performance: Mixed Results, But Table Games Shine
Brick-and-mortar casinos posted $259 million in win, marking a 6.1% year-on-year increase. However, the details reveal mixed dynamics. While slot machine win slipped 0.7% to $182.8 million, table games surged 26.9% to $76.2 million.
Borgata retained its market-leading position with $76.7 million in win (+19.4%), while Ocean Casino delivered a standout performance, growing 30.1% to $43.5 million. Hard Rock Atlantic City was the only major operator to post a decline (-5.5%), indicating a need for re-evaluation of its strategy amid competitive pressure.
Sports Betting: Digital Dominance Accelerates
Sports wagering revenue saw a 52.9% spike to $91.9 million, driven almost entirely by online platforms, which contributed $91.2 million of the total. Retail sportsbook activity, in contrast, plummeted 48.5% to just $600,000.
FanDuel once again topped the leaderboard with $35.8 million in revenue (+22.9%), while DraftKings surged 69.2% to $24.3 million. BetFanatics emerged as the breakout performer, jumping a staggering 571.3% to $12 million, a sign that competitive shake-ups may be on the horizon.
The state’s total sports betting handle reached $790.4 million in June, with $755 million wagered online, highlighting the dominance of mobile platforms. Year-to-date, New Jersey has processed over $6 billion in handle, producing $558.2 million in revenue with a solid 9.2% hold rate.
Industry Outlook: Positive Trajectory into Q3 and Beyond
While June fell slightly short of May’s high watermark, the growth trend across digital verticals remains encouraging. The market is primed for further gains heading into Q3, especially with the NFL season and new product launches expected to elevate activity.
Regulatory consistency, increased investment in digital infrastructure, and the emergence of new players like BetFanatics suggest that New Jersey’s market is not just growing—it’s evolving. As operators continue to focus on user experience and technological differentiation, New Jersey remains a bellwether for the broader U.S. iGaming and sportsbook industry.
