New Jersey skyline
Home iGaming Drives New Jersey Gambling Revenue in April  
,

iGaming Drives New Jersey Gambling Revenue in April  

Read time: 2 minutes
0

Gambling revenue in New Jersey increased by 5% year-on-year during April, primarily driven by growth in the iGaming sector. Sports betting and land-based casinos underperformed, decreasing their total share in the state’s gambling revenue. 

Total monthly revenue is $536.6 million, ahead of $510.9 million in April 2024. However, it’s 1.7% less than March 2025, when revenue reached $546.1 million.  

iGaming generated almost half of all New Jersey gambling revenue, followed by land-based casinos and sports betting. This shows a clear trend towards online casino games, which fuel revenue growth even as other sectors fall below expectations. 

iGaming Reigns Supreme 

New Jersey’s online casinos saw a total revenue of $235.2 million, marking a 25.2% increase compared to the same month last year. It came close to reaching last month’s $243.9 million figure. That is impressive, especially considering that the March 2025 result broke the record for iGaming revenue in New Jersey. 

$232.8 million came from “other authorized games” such as slots, resulting in an increase of 25.4%. The rest came from online poker, which also grew by 3.2%. 

While the sector continues to grow, online casinos have not seen any shakeups in their ranks. Fanduel and Golden Nugget Atlantic City remain on top with a revenue of $52.9 million, improving year-on-year results by 35.3%. 

DraftKings and Resorts Casino Hotel retain second place, posting $46.9 million in revenue, growing by 19.5%. They’re followed by BetMGM and Borgata at $29.6 million and Borgata’s own brand at $20.8 million. Caesars and Tropicana Atlantic City close out the top five with a revenue of $15.9 million. 

Sports Betting and Land-Based Casinos Continue to Decline 

Despite New Jersey’s gambling revenue being up, the growth hasn’t been equal. Sports betting and land-based casinos continue to lose ground, seeing worse results compared to April 2024. 

Sports betting saw a total decrease of 14.8% to $90.5 million. Retail sports betting saw a rise of 34.1%, netting $2.6 million. However, that wasn’t enough to offset online sports betting revenue shrinking by 15.7% to $87.9 million. 

Similarly, land-based casinos saw a drop of 2.7%, posting revenue of $211 million. It’s not a big loss, but the rise of iGaming has steadily chipped away at their earnings. This has knocked land-based casinos from the top spot down to second place. 

Slot machine revenue was up 2.1% at $162.2 million year-on-year, while table games posted revenue of $48.8 million, a 16% decrease.  

Tags

Leave a Reply

Your email address will not be published. Required fields are marked *