New Jersey Gambling Revenue Soars in July, Online Casinos Leading the Way

New Jersey’s gambling industry showed off one of its best performances yet in July, as total gaming revenue jumped to $606.2 million. This number represents a 10.7% rise compared to the same month in 2024, based on figures the Division of Gaming Enforcement released on August 15.

New Jersey Online Casinos Smash Records With $247M in July, Led by FanDuel and DraftKings

The profits were due to online casino operations breaking records, bringing in $247.3 million. This amount was over 25% higher than July 2024 and set a new monthly record for internet gaming in the state. In 2025, so far online casinos have made $1.63 billion, which is more than 23% up from last year. Experts point out that the ongoing growth of platforms like FanDuel, DraftKings, and BetMGM has helped make New Jersey the top US market for legal online gambling.

FanDuel kept its top spot on the digital scoreboard, bringing in $52 million in July revenue, up 38% from last year. DraftKings came in second with $48.6 million, while BetMGM earned $31.4 million. Caesars Palace Online also set a new record of $18.7 million, over 50% more than the previous year. People in the know said that the rivalry between big players has sped up new ideas and gotten players more involved, leading to growth year after year.

Atlantic City Casinos Grow in July While Sports Betting Declines

Brick-and-mortar casinos in Atlantic City had a good month, too. Together, the nine establishments raked in $284.1 million, which is 4.3% more than last year. Borgata still ruled the lot, bringing in almost $80 million, while Ocean Casino Resort grew the fastest at over 18%. Hard Rock Atlantic City also saw some gains. However, most of the city’s older gambling spots made less money than they did in the summer before COVID-19 hit, showing how much the industry now depends on its newest places.

Sports betting, however, fell behind other areas. Betting companies saw $74.8 million in earnings from bets made at casinos, racetracks, and online sites, a 6.6% drop from last July. The total amount bet for the month reached $664 million, pushing the year-to-date sports betting earnings to $626.8 million, about 4% less than in 2024.

Despite sports betting taking a hit, the overall performance in the first seven months of 2025 has broken records. The combined revenue from all gambling types hit $3.92 billion, marking New Jersey’s highest year-to-date total ever. For July alone, the state raked in $81.7 million in gambling-related taxes, pushing the year-to-date contribution to $446.1 million.