Figures released by the New Jersey Division of Gaming Enforcement show that the state’s gambling market has continued to flourish after revenue hit a new milestone in July 2025, reaching $606.2 million.
That represents a 10.7% increase over the same period last year and has brought revenue for 2025 so far up to $3.92 billion, an 8% year-on-year increase.
Traditionally it is the bricks and mortar Casino segment that leads the way in New Jersey and that continued to be the case, as it delivered $281.1 million in revenue, a 4.3% increase on July 2024.
But it is now facing competition for that No 1 spot from New Jersey’s online casinos, which returned record figures for the state.
Record Growth From Online Casinos
Revenue for iGaming reached $247.3 million in July, a hefty 26.6% year-on-year increase and a new high for the segment.
Among the online casino giants, FanDuel topped the July rankings, generating $52 million in revenue, an increase of 37.8%.
That is the fifth month in a row where the firm has posted revenue over $50 million.
DraftKings posted $48.6 million, a rise of 16.8%, while BetMGM also showed a healthy 24.3% year-over-year upturn in revenue, earning $31.4 million.
Caesars Palace Online’s $18.7 million revenue was an increase of more than 50% over 2024.
Year-to-date revenue for iGaming also rocketed up by 23.3% to $1.63 billion and very nearly matched the £1.66 billion returned by New Jersey’s nine land-based casinos.
From those, Borgata’s total casino win came to $79.9 million, Hard Rock returned $55.1 million, Ocean Casino $43.1 million, Tropicana $22.9 million, Harrah’s $20.4 million, Caesars $18.8 million, Resorts Casino $16.8 million, Bally’s $14.1 million and Golden Nugget $12.9 million.
Overall, slots made $212.9 million, an increase of 2.7%, and table games exhibited growth of 9.7%, generating $71.3 million.
A Slowdown In Sports Betting
While casino business is thriving both on land and online, sports betting showed a drop of 6.6% in year-on-year revenue, contributing $74.8 million.
Revenue for the first seven months of July was also down by 4% compared to the same period last year, returning $626.8 million.
It was the retail outlets that bore the brunt of the hit, with Borgata reporting a loss of $725,000, Hard Rock was down $460,000 and Bally’s lost $228,000.
There were more encouraging figures for some individual online sports betting sites with BetFanatics powering up 200.2% from last year, posting $7.99 million compared with 2024’s $2.66 million.
Bet365 returned a 45.4% increase with $4.41 million and Hard Rock Bet increased by 52.4% year-on-year to revenue of $1.76 million.
Looking at overall sports wagering gross revenue for the associated casinos and racetracks, New Meadowlands (FanDuel) reported $26.9 million in revenue, Resorts Casino (DraftKings and ESPN Bet) posted $23.3m,Bally’s (BetFanatics, BallyBet and Sportrade) returned $8.2 million, Borgata (Bet MGM and Borgata) $6.8 million and Hard Rock (Bet 365 and Hard Rock Bet) at $6.2m.
Jim Munro is a betting industry and gambling expert who has been a national newspaper journalist for over 30 years, predominantly at The Sunday Times and The Sun, where he wrote a weekly soccer betting column. Jim also worked on the launch of Virgin Bet with Gamesys and was subsequently head of editorial at LiveScore, the sports media and betting group.
