By TheNuts - Aug 20, 2025
Gambling earnings in New Jersey hit $606.2 million in July, reflecting a 10.7% increase from the previous year.
Despite a drop in the state's sports betting sector, New Jersey saw a 10.7% rise in gambling revenue year-on-year during July.
For the month, total revenue reached $606.2 million, an increase from $547.8 million in July of last year. It also marked a 4.2% growth compared to June of this year, according to data from the
New Jersey Division of Gaming Enforcement.
Revenue rose across both online gambling and physical casinos, although sports betting saw a decline compared to the previous year. Retail
sportsbooks even experienced a net loss during the month.
iGaming revenue in New Jersey surged by 26.6%.
When examining the primary growth sector for the state, iGaming revenue increased by 26.6% to reach $247.3 million. Revenue from casino games, which includes slots, rose by 26.9% to $244.6 million, while internet poker revenue saw a modest increase of 3.2% to $2.7 million.
FanDuel and Golden Nugget continued to dominate the market with $52.1 million, marking a 37.8% increase. Coming in second were DraftKings and Resorts World, whose revenue grew by 16.8% to $48.6 million.
In third place, BetMGM and Borgata generated $31.4 million, which is a 24.3% rise. Borgata’s own platform also contributed $20 million in iGaming revenue, a growth of 6.4%. Caesars Palace and Tropicana Atlantic City rounded out the top five with $18.7 million, representing an increase of 53.3%.
Meanwhile, sports betting revenue experienced a decline of 6.6% in July.
Revenue from sports betting fell 6.6% to $74.8 million. Retail betting lost $680,018 compared to $2.1 million in income the previous year, and online revenue fell 3.2% to $75.4 million.
The total amount spent on sports betting in July increased by 1.8% to $664 million. Retail wagering was $33.1 million, while online wagering totaled $630.9 million.
This led to an 11.27% monthly hold.
With $26.9 million in revenue, down 15.7%, FanDuel and Meadowlands continued to top the online market in terms of operators. Individual operator handle data is not published by the DGE.
Second place went to DraftKings and Resorts World, which dropped 18.8% to $21.1 million. With $8 million, up 200.2%, BetFanatics and Bally's came in third place, ahead of Borgata and BetMGM, with $6.4 million, up 21.5%. Hard Rock and Bet365, in fifth position, also reported growth, with revenue up 45.4% to $4.4 million.
Racetrack income for retail sportsbooks fell 63.5% to $434,608. With $320,610, Meadowlands was in first place, but 54% less than the previous year. However, the entire retail loss was caused by a $1.1 million loss from casino-based sportsbooks.
Revenue from land-based casinos up to $284.1 million.
In the meantime, New Jersey's land-based casino gaming revenue increased 4.3% to $284.1 million. income from table games rose 9.7% to $71.3 million, while income from slot machines gained 2.7% to $212.9 million.
In terms of taxes, the state earned $81.7 million in July. iGaming contributed $48.9 million, sports betting contributed $14.9 million, retail betting contributed $86,248 and land-based casinos contributed $17.9 million.
Over $3.92 billion has been made from gambling in New Jersey so far this year, an 8.8% increase over the end of July of the previous year. Sports betting revenue fell 4% to $626.8 million, casino revenue increased 2.2% to $1.66 billion, and iGaming income increased 23.3% to $1.63 billion.