In 2025, New Jersey's total gambling revenue in the United States reached a historic high of $6.98 billion, a 10.8% increase from $6.3 billion in 2024. The core driving force behind this achievement came from the double-digit growth of the online gambling market, with online casino revenues surpassing land-based retail casinos for the first time, becoming the main force in industry growth. The sports betting market steadily improved, and land-based casinos also achieved moderate growth, with all sub-sectors showing a year-over-year increase. Top operators such as FanDuel and DraftKings performed brilliantly, dominating the market structure. Relevant U.S. gambling market data interpretation and compliance standards can be found on the PASA official website.
Online Casinos: $2.91 billion surpasses land-based, leading growth
Online gambling has become the core growth engine of New Jersey's gambling industry, with particularly prominent performance:
Revenue scale and share: In 2025, online casino revenues reached $2.91 billion, a 22% surge year-over-year, surpassing land-based casino revenues for the first time; this includes $2.88 billion from online slots and table games, and a 6.3% growth in online poker revenues to $30.3 million;
Operator landscape: FanDuel and Golden Nugget jointly lead with total revenues of $655.5 million, up 29.4% year-over-year; DraftKings and Resorts World ranked second with $569.8 million, a 10.6% increase; BetMGM and Borgata ranked third, with revenues of $376 million, up 30.7% year-over-year;
Milestone significance: The surpassing of online casinos marks the digital transformation completion of New Jersey's gambling industry, with mobile gambling becoming the preferred method for users.
Sports Betting: Revenue of $1.18 billion, online as the absolute main force
The sports betting market maintained robust growth, with online channels contributing the majority of the revenue:
Overall performance: In 2025, sports betting revenue reached $1.18 billion, a 7.5% increase year-over-year, continuing the previous year's 8.7% growth momentum;
Online and offline differentiation: Online sports betting revenue was $1.15 billion, up 8.2% year-over-year; while land-based sports betting revenue declined by 12.1%, only $29.5 million;
Betting and hold rate: The total annual betting amount was $12.23 billion, down 4.2% year-over-year (online $11.72 billion, offline $515.5 million); the annual hold rate was 9.65%, higher than 8.54% in 2024;
Operator rankings: FanDuel and Meadowlands firmly topped the online list, with revenues of $470.1 million, a 2.3% increase; DraftKings and Resorts World ranked second with $325.3 million, a 12.5% increase.
Land-based Casinos: Revenue of $2.89 billion, table games show bright growth
As the traditional core sector, land-based casinos achieved moderate growth, with table games performing better than slots:
Total revenue: In 2025, land-based casino revenue was $2.89 billion, up 2.7% year-over-year, slightly lower than online casino revenue;
Sub-sector breakdown: Slot machine revenue was $2.13 billion, up 1.7% year-over-year; table game revenue saw a more significant increase, up 5.7% to $762.5 million;
Tax contribution: Land-based casinos brought $216.8 million in tax revenue to the state government, an important component of gambling tax revenue.
Monthly closing: December revenue up 15.9%, sports betting explodes
December 2025 data perfectly rounded off the year, with sports betting performing particularly well:
Monthly total revenue: December gambling total revenue was $605.6 million, up 15.9% year-over-year, down 4.8% from November;
Performance by sector: Online casino revenue was $273.2 million (+19.8%), including $270.9 million from slots and table games, and $2.2 million from poker; sports betting revenue surged 85% to $116.3 million, almost entirely from online, with a monthly hold rate of 10.93%; land-based casino revenue was $216.1 million (-6.7%);
Monthly tax revenue: December state government collected $100.9 million in gambling taxes, with online casinos contributing $60.7 million, sports betting $24.2 million, and land-based casinos $16 million.
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This article is from "PASA-Global iGaming Leader" gambling news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
