New Jersey Online Casino Revenue Reaches New All Time High in October

New Jersey finished October with a fresh iGaming milestone, after the state crossed the two hundred sixty million dollar line for the first time. Regulators reported another month of lifted online casino totals, stronger sports betting results, and higher land-based casino revenue, creating one of the largest monthly tallies ever recorded in the Garden State.

Good to Know

• iGaming operators generated two hundred sixty point three million dollars in October
• Total statewide gambling revenue reached six hundred eleven point one million dollars
• Sports betting revenue almost hit one hundred sixteen million dollars

Online casino activity continued to pull most of the weight for New Jersey, and the gains helped the overall gambling market rise 22.3 percent from October last year. State regulators also noted that October outpaced September by 8.4 percent.

Online Casino Revenue Hits New Peak

Online casino operators pushed past every previous mark, reaching two hundred sixty point three million dollars and clearing the two hundred fifty million dollar barrier for the first time. The prior record sat at two hundred forty eight point eight million dollars in August, meaning the new total climbed about 4.8 percent.

The mix of online slots and table games accounted for two hundred fifty seven point seven million dollars, up 22 percent year on year. Peer-to-peer internet poker also climbed to two point six million dollars, an increase of 11.1 percent.

FanDuel and Golden Nugget kept the top spot with sixty point nine million dollars in revenue. DraftKings and Resorts World followed with forty eight point five million dollars, and BetMGM together with Borgata ranked third at thirty three point two million dollars.

Sports Betting Rises Nearly Fifty Percent

Sports betting created the fastest annual growth among all gambling segments. Revenue climbed to one hundred sixteen point one million dollars, up 49.8 percent from October last year. Mobile wagering produced one hundred ten point seven million dollars, while retail sportsbooks posted five point four million dollars after a sharp year-over-year jump.

Bettors wagered one point twenty four billion dollars during the month. Online betting made up most of the action at one point nineteen billion dollars, with retail locations handling forty three point eight million dollars. The statewide hold rate landed at 9.39 percent.

FanDuel and Meadowlands led the online category again at thirty nine point nine million dollars. DraftKings and Resorts World held second with thirty point five million dollars. BetFanatics and Bally took third with eleven point four million dollars.

Land-Based Casinos Deliver Double-Digit Growth

Physical casino revenue reached two hundred thirty four point seven million dollars, up 12.5 percent from a year ago. Slot machines brought in one hundred seventy four point four million dollars, which reflected a 9.1 percent increase. Table games reached sixty point three million dollars, climbing 23.5 percent year on year.

Year-To-Date Totals Push Close To Six Billion Dollars

New Jersey reached five point seventy four billion dollars in gambling revenue for the first ten months of the year, 10 percent higher than the same period in 2024. Online casino totals reached two point thirty nine billion dollars, up 22.6 percent. Sports betting revenue was slightly higher at nine hundred fourteen point six million dollars. Land-based casinos contributed two point forty four billion dollars, rising 3.4 percent year on year.

FAQ

How much iGaming revenue did New Jersey report in October?

Operators generated two hundred sixty point three million dollars, the highest monthly total ever recorded in the state.

Did sports betting rise as well in New Jersey?

Sports betting revenue reached one hundred sixteen point one million dollars, up almost fifty percent from last October.

What was the full gambling market total for the month?

All gambling activity combined produced six hundred eleven point one million dollars statewide.

Which operators led the online casino market in New Jersey?

FanDuel with partner Golden Nugget held the top spot, followed by DraftKings and Resorts World, then BetMGM and Borgata.

How much did bettors wager on sports in Octobe in New Jerseyr?

Total handle reached one point twenty four billion dollars.

Are land-based casinos still growing in New Jersey?

Yes, they generated two hundred thirty four point seven million dollars, reflecting double-digit growth compared to last year.

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