New Jersey iGaming Expanded, Sports Betting Slowed Down in January

The New Jersey Division of Gaming Enforcement (DGE) has published data about the performance of Atlantic City’s nine casinos. According to the authority, January marked a stable start to the year despite a slight drop in total gaming revenue. The change was attributed to a decrease in sports betting that was partially offset by a rise in casino play and online gaming.

iGaming Expanded, Sports Wagering Slowed Down

Per the DGE’s report, the total gaming revenue for the casinos, racetracks, and their partners stood at $553.9 million for January 2025. As mentioned, this figure marked a slight decline of 0.9% when compared to $558.7 million reported for January 2024.

The DGE added that this resulted in total gross revenue taxes of $62.1 million for the month.

Casino win for the nine Atlantic City casinos reached $210.1 million for the month, up 2.6% year-on-year. Of this, $145.4 million came from slots, while the remaining $64.6 million can be attributed to table games. For comparison, the city’s casino hotels reported $204.7 million in casino win for January 2024.

iGaming revenues, on the other hand, increased significantly, consistent with the usual trends. The casinos and their partners reported $221.6 million in internet gaming win for January 2025, marking a growth of 20.9% year-on-year. For context, operators had reported $183.3 million in internet gaming win for January 2024.

Despite the staggering iGaming growth, sports betting decreased substantially as the casinos, racetracks and their partners reported significantly lower revenue. According to the DGE’s report, sports wagering gross revenue was $122.2 million for January 2025, reflecting a drop of 28.4% year-on-year. In January 2024, for reference, casinos, racetracks and their partners had reported $170.8 million in revenue.

For further context, retail wagering revenue in January 2025 remained at least somewhat stable at $3.65 million (-6.4%), while online wagering revenue plummeted to $118.5 million (-29%).

Borgata Continued to Dominate Atlantic City

In terms of best-performing casinos, the Borgata took the top spot, reporting $60.4 million for January. Two-thirds of this revenue ($40.1 million) came from slots. The rest came from table games ($17.8 million) and poker ($2.4 million).

Hard Rock Hotel & Casino AC took the prestigious second spot with $38 million in revenue. Of this, $25.6 million came from slots, and $13.4 million from table games. Hard Rock Casino was trailed closely behind by Ocean Casino with $35.2 million in revenue. The latter property reported $21.7 million in gaming win from slots, and $13.4 million from table games.

Next up were Harrah’s, Tropicana and Caesars with $17 million, $15 million, and $13.6 million in total gaming win, respectively. Resorts Casino Hotel, Golden Nugget, and Bally’s took up the last three spots with $10.7 million, $10.2 million, and $9.7 million in total gaming win, respectively.