New Jersey iGaming revenue hits a record $260 million in October 2025

• New Jersey online casinos generate a record $260.3 million in revenue in October.
• Total gaming revenue, including physical casinos, reaches $611.1 million, up 22.3% year-on-year.
• FanDuel Casino leads with $60.9 million in revenue, followed by DraftKings and BetMGM.

New Jersey’s iGaming market reached a new high in October 2025, with online casinos reporting record monthly revenue of $260.3 million. This performance contributed to a total gaming revenue of $611.1 million for the state, reflecting robust growth across online and land-based casino segments.

Record-breaking iGaming revenue

The New Jersey Division of Gaming Enforcement confirmed that October marked the highest online casino revenue ever recorded in the state, surpassing the previous peak of $248.4 million set in August. iGaming revenue increased by 21.8% compared to the previous year, signalling strong expansion within the digital gambling market.

FanDuel Casino topped the charts with a record $60.9 million in monthly revenue, followed by DraftKings Casino with $48.5 million and BetMGM Casino with $33.2 million, the latter posting its highest monthly win to date. These leading platforms have solidified their dominance in the state’s competitive online gambling landscape.

Physical casinos contribute strongly

While iGaming showed remarkable growth, Atlantic City’s nine physical casinos also reported solid revenue, collectively earning $234.7 million in October. This figure represents a 12.5% increase year-on-year and the best monthly performance since 2011 for Atlantic City’s brick-and-mortar venues.

Total gaming revenue across New Jersey’s casinos, online operators, and sportsbooks reached $611.1 million, an increase of 22.3% year-over-year. Sports betting showed a substantial 49.8% rise in gross revenue, complementing growth in both the online casino and physical casino segments.

Sunny future

This record-setting month reflects increasing player preference for online platforms and the continuing synergy between digital operations and land-based casinos. Industry observers expect the state’s gambling market to maintain strong growth as innovation and regulation evolve hand in hand.

Source: Yahoo Finance