Casinos and sports betting have generated record revenue for the gaming industry in New Jersey
Revenue from land-based casinos reached $259 million (₽20.2 billion), reflecting a 6.1% increase. Slot machines were the primary revenue drivers, generating $182.8 million (₽14.3 billion). Revenue from table games saw an impressive rise of 26.9%, totaling $76.2 million (₽5.9 billion).
Borgata once again led the casino sector, earning $76.7 million (₽6 billion), a 19.4% increase from June of last year. Ocean Casino reported a 30.1% revenue boost to $43.5 million (₽3.4 billion), while Caesars saw a 7.4% increase to $20.5 million (₽1.6 billion).
The online sector continues to strengthen its foothold. Revenue from iGaming reached $230.7 million (₽18 billion), up 23.5% year-on-year, with slots contributing significantly at $228 million (₽17.8 billion).
Among online operators, FanDuel took the top spot with $53.3 million (₽4.1 billion), a 48.2% increase from June 2024. DraftKings reported revenue of $43.6 million (₽3.4 billion), up 6.3%, while BetMGM increased its earnings by 35.3% to $30.2 million (₽2.3 billion).
Sports betting revenue surged by 52.9%, reaching $91.9 million (₽7.2 billion), with $91.2 million (₽7.1 billion) coming from online platforms. Conversely, retail betting locations saw a nearly 50% decline, bringing in just $600,000 (₽46.7 million). FanDuel again led this segment with $35.8 million (₽2.8 billion), while DraftKings' sportsbook generated $24.3 million (₽1.9 billion), and BetFanatics experienced a staggering 571.3% increase to $12 million (₽935.5 million).
The total betting volume in June amounted to $790.4 million (₽61.6 billion), with $755 million (₽58.9 billion) attributed to online platforms. Since the beginning of the year, the cumulative turnover has exceeded $6 billion (₽467.8 billion), with revenue reaching $558.2 million (₽43.5 billion).
The report indicates that the iGaming segment continues to expand, with online casino operators significantly strengthening their positions over the past year. Analysts anticipate increased interest in betting with the onset of the NFL season and the launch of new products.
It’s worth noting that New Jersey's casinos and sportsbooks recorded record revenues in November 2024.
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