New Jersey’s online gambling industry has seen another record-breaking year, with revenue climbing sharply compared to the same period in 2024. The Division of Gaming Enforcement reported that online casino revenue in August 2025 reached $248.4 million, an increase of more than 25% from August the year before.
One factor behind this consistent growth is the way operators have competed to attract new players. Many have introduced stronger mobile platforms, expanded game libraries, and promotional offers that appeal to both seasoned gamblers and newcomers. For players interested in keeping track of what these offers look like across different operators, the most recent list of casino bonuses provides a useful snapshot of how competitive the market has become.
Record Months and Key Players
Since gambling was legalized in New Jersey back in 1977, both casino revenue and the tax it has brought in have continued to steadily rise. July 2025 also set a new benchmark with iGaming revenue hitting $247.3 million, breaking the previous monthly high. That represented a rise of around 26.6% compared to July 2024.
FanDuel led the market with more than $57 million in revenue, followed closely by DraftKings and BetMGM. Smaller platforms also posted impressive growth rates, showing that new entrants can still carve out space in New Jersey’s maturing market.
Other Segments: Casinos and Sports Betting
While online casinos continue to dominate the growth story, brick-and-mortar venues in Atlantic City have also seen modest improvement. Their combined revenue in July 2025 totalled about $284.1 million, an increase of just over 4% year over year.
Sports betting, however, has shown less consistency. In July 2025, sports wagering revenue dropped by around 6 to 7% compared to the same month in 2024, highlighting how the sector can be more vulnerable to seasonal and event-driven fluctuations.
How New Jersey Compares to Other States
New Jersey remains a leader in the U.S. iGaming market, but it’s closely followed by Pennsylvania and Michigan. In 2024, all three states surpassed $2.65 billion in online casino revenue, collectively forming the “revenue triad” of the industry. This dominance is underscored by major operators like FanDuel, DraftKings, and BetMGM establishing significant operations in these states.
While New Jersey continues to set records, it’s important to note that other states are also experiencing growth. For instance, Pennsylvania’s iGaming revenue reached a record high in the 2024/25 fiscal year, contributing to the state’s overall commercial gaming revenue of $6.87 billion, a 10.3% increase from the previous year.
These developments suggest a competitive and expanding iGaming landscape across the United States, with New Jersey maintaining its position at the forefront.
Implications for Regulation and Players
The rise in iGaming’s popularity has also meant a significant boost for state finances. In August 2025 alone, online casino operators contributed more than $49 million in Internet Gaming Tax to New Jersey. These funds support public programs while also reinforcing the importance of a stable regulatory framework.
With players showing greater trust in digital platforms and operators investing in technology, the state is well-positioned to continue benefiting from this expanding industry.
What Lies Ahead
If the current momentum continues, New Jersey will likely keep setting new monthly records in iGaming. The state has built one of the most competitive and diverse online gambling markets in the country, and with continued innovation in bonuses, technology, and user experience, growth looks set to remain strong. At the same time, attention may turn to strengthening the sports betting sector so it can contribute more consistently to the state’s overall gaming revenues.