Gambling revenue in New Jersey saw an increase of 5% year-on-year during April 2025. According to the latest data released by the New Jersey Division of Gaming Enforcement, this growth was primarily driven by the strong performance of the iGaming sector, which successfully offset revenue declines observed in both the sports betting and traditional land-based casino markets.

Total gambling revenue for the month amounted to $536.6 million. This figure was ahead of $510.9 million recorded in April 2024, representing a 5% year-on-year increase. However, it was 1.7% behind the state’s all-time monthly record of $545.9 million, which was posted in March this year. The data shows that iGaming once again ranked ahead of land-based casinos in terms of total revenue generated for the month, highlighting the continued shift in the state’s gambling landscape.

iGaming Near Record Highs

Revenue from iGaming continued its strong growth trajectory, totalling $235.2 million in April 2025. This marks a significant 25.2% increase compared to the $187.86 million reported in April of the previous year. The April 2025 iGaming revenue figure came in only marginally short of the state’s all-time record of $243.9 million, which was set in March this year.

Breaking down the iGaming revenue, $232.8 million was generated from “other authorised games,” which primarily includes online slots and table games, showing an increase of 25.4% year-on-year. The other $2.4 million was generated by online poker, which saw a more modest 3.2% rise.

Among the top-performing iGaming operators and their land-based casino partners for April 2025, according to the data reported by iGaming Times: FanDuel and Golden Nugget Atlantic City maintained the market lead with $52.9 million in revenue, up 35.3% year-on-year. DraftKings and Resorts Casino Hotel were second with $46.9 million, a rise of 19.5%. BetMGM and Borgata generated $29.6 million in iGaming revenue, followed by Borgata’s own online brand with $20.8 million. Caesars and Tropicana Atlantic City completed the top five with $15.9 million.

Declines in Sports Betting and Land-Based Casinos

In contrast to the continuing growth in online casino revenue, the sports betting market in New Jersey experienced another decline in April. Revenue from sports betting was 14.8% lower year-on-year, totalling $90.5 million. Breaking down the sports betting revenue, online revenue dropped 15.7% to $87.9 million, but the retail sector saw better news with revenue up 34.1% to $2.6 million.

Regarding spending on sports betting, monthly handle amounted to $994.4 million. This figure was 1.5% behind last year and 10.4% behind the handle recorded in March. Online betting wagers reached $954.1 million, with retail spend at $40.4 million. The state hold rate for the month was 9.1%.

Looking at the top sports betting operators and their partners by revenue for April 2025, as reported by iGaming Times: FanDuel and Meadowlands were again the frontrunners with $31.8 million in revenue, followed by DraftKings and Resorts Casino Hotel in second with $22.8 million. BetFanatics and Bally’s reported $12.9 million in revenue, BetMGM and Borgata took $7.1 million, while Bet365 and Hard Rock completed the top five with $5.6 million. In terms of retail sports betting, Meadowlands led the market by some distance, reporting $1.7 million.

The monthly report also detailed a 2.7% drop in land-based casino revenue, which fell to $211 million. Land-based casinos were traditionally the main source of gambling revenue in New Jersey, but the significant growth of iGaming in recent years has seen them slip to second place. Within the land-based sector, slot machine revenue was 2.1% higher year-on-year at $162.2 million, but table games revenue dropped by 16% to $48.8 million.

Tax Contributions by Vertical

The report also detailed the tax revenue collected from each sector. The total monthly tax collected from gambling activities across all verticals topped $59.8 million. This included $35.3 million from the iGaming sector, $12.7 million from land-based casinos, $11.5 million from online sports betting, and $212,287 from retail sports wagering.

In conclusion, the New Jersey gambling market in April 2025 was primarily driven by the robust performance of the iGaming sector, which nearly reached record highs and successfully offset declines in sports betting and land-based casino revenue. This resulted in a 5% overall year-on-year increase in total gambling revenue for the state and significant tax contributions from iGaming, underscoring the continued shift in the state’s gambling landscape towards online verticals.