New Jersey iGaming Revenue Hits Record $246.8 Million in May

Including land-based casinos, the Garden State posted a 20.5% year-over-year revenue increase.

Ziv Chen

Last Updated: June 18, 2025 10:23 AM EDT • 2 minute read

New Jersey iGaming Revenue Hits Record $246.8 Million in May — Pictured: NJ/NY Gotham FC midfielder Rose Lavelle chases a pass. Photo by John Jones via Imagn Images.

Online casino revenue in New Jersey hit a new record, as casino operators generated $246.8 million in May 2025. That 28.5% year-on-year increase in revenue was powered mainly by revenue of $244.2 million from online slots and table games, with an additional $2.7 million from peer-to-peer poker. It was a big month for the best real-money online casinos.

FanDuel led the market with $54.5 million in iGaming revenue, a 36.1% rise year-on-year. Close behind in second was DraftKings, which had a monthly total of $48.1 million, a 13.8% increase.

According to data published by the New Jersey Division of Gaming Enforcement, New Jersey's overall gaming revenue, including online gaming, land-based casinos, and sports wagering, reached $614.7 million, representing a 20.5% year-over-year increase.

Land-based casinos generated $265.3 million in revenue in May 2025, exceeding iGaming and sports wagering for the first time in several months and a 10.9% year-over-year increase. Slot machines drove the growth with $194.8 million in revenue, while another $70.5 million came from table games.

New Jersey sports betting totaled $102.5 million in May, representing a 30.2% year-over-year increase. Online betting generated $98 million, while retail sportsbooks made $4.5 million, reflecting a 326.6% rise from the previous year.

The state collected $66.8 million in total gross revenue taxes in May, with iGaming contributing £37.1 million, land-based casinos $16.5 million, online sports betting $12.7 million, and retail sports betting $454,000.

Year-to-date, total gambling revenue in the state has increased by 6.6%, reaching $2.7 billion, with several months like March seeing equal success for New Jersey gambling; $1.2 billion was generated by New Jersey online casinos, with another $1.1 billion coming from land-based casinos and $460.2 million generated by sports betting.

Debate over smoking ban

As gaming revenues continue to grow, lawmakers are focusing on indoor smoking in Atlantic City casinos. SB 1493 proposes banning smoking in AC casinos, and amid the gubernatorial battle, Democratic candidate Mikie Sherrill has stated his support for a ban.

“It is unacceptable to force working families to make a choice between earning their paycheck and protecting their health, particularly given that we know lung cancer is the top cause of cancer deaths in New Jersey,” he said.

Republican candidate Jack Ciattarelli has taken the opposite position, with a spokesman saying, “Jack believes this decision should be left up to the employers and the employee unions.”

SB 1493 has a strong chance of passing the Assembly, but it remains to be seen whether the legislation will be supported and become law.

Written by:
Ziv Chen

Ziv has over two decades of experience in the igaming and sports betting industry, having served in senior marketing and business development positions with both B2C and B2B companies, including Playtech and Microgaming. In 2019, Ziv decided to pursue his passion for writing and became a fulltime industry journalist, covering casino, sports, and gambling business news. He’s specialties include casino games and technology, US state gambling regulation, company performance, as well as gambling affiliates and marketing. As a Pitt graduate, Ziv is a diehard fan of all Pittsburgh sports teams, with the Steelers at the top of the list. In his free time, he enjoys reading crime fiction, biographies (mainly of sports personalities, but not only) and American history. Ziv’s Favorite quote: “We're going to pursue perfection, knowing full well we won't catch it, but we're going to relentlessly chase it," Mike Tomlin, Pittsburgh Steelers Head Coach.