In May 2025, the gambling industry in New Jersey experienced robust growth, with total monthly revenue reaching $614.7 million, a year-over-year increase of 20.5%, setting a new historical high. This growth was driven by strong performances across iGaming, sports betting, and physical casino operations, making it the state's most outstanding month of the year.
According to data released by the New Jersey Division of Gaming Enforcement, physical casinos generated a total revenue of $265.3 million, up 10.9% year-over-year. Slot machine revenues were $194.8 million (+7.5%), while table games brought in $70.5 million (+21.9%), indicating that traditional offline gambling continues to grow steadily.
Among the casinos, Borgata Atlantic City stood out with revenues of $51.1 million, a 14.3% increase from the previous year. It was followed by Hard Rock ($36.5 million, +10.8%) and Ocean Casino ($30.2 million, +8.4%).
The iGaming sector continued to act as a growth engine, with revenues reaching $246.8 million, a surge of 28.5% year-over-year. Among operators, FanDuel led with $54.4 million (+36.1%), followed by DraftKings with $48.1 million (+13.8%). BetMGM brought in $32.5 million (+42.7%), and Borgata $20.8 million (+15.1%).
Sports betting also saw significant growth, with total revenue in May reaching $102.5 million, up 30.2% year-over-year. FanDuel again led the way with $44.3 million (+20.8%), followed by DraftKings at $28.3 million (+28.1%). Notably, BetFanatics, although smaller in betting volume, saw a dramatic increase of 206.8%, reaching $6.2 million.
The total betting volume for the month exceeded $1 billion, with online betting accounting for $967.1 million, dominating the market.
Compared to April, when the state's total gambling revenue grew by only 5% to $536.6 million, May's strong rebound demonstrates the market's resilience and potential. Particularly, the comprehensive growth in May was especially notable following a slight decline in casino and sports betting revenues in April.
It is worth mentioning that on June 12, Future Anthem, a provider of AI personalized solutions, obtained a license in New Jersey, offering its Amplifier AI product to local operators, adding a technological upgrade to the user experience.
This series of data indicates that the gambling market in New Jersey, driven by digitalization and diversification, is steadily moving towards higher growth stages.
