18 Aug 20251 min. read

Revenues from gambling in New Jersey have surged sharply, driven by the rise of online casinos

Revenues from gambling in New Jersey have surged sharply, driven by the rise of online casinos
Sam Smith
written and last updated by Sam Smith at 18 Aug 2025 Journalist, Editorial Department
New Jersey's gambling sector has reported one of its strongest performances in July, with total revenue reaching $606.2 million (48.8 billion rubles). According to data released by the Division of Gaming Enforcement, this figure marks a 10.7% increase compared to July 2024.
Leading the charge were online casinos, which generated $247.3 million (19.6 billion rubles), a remarkable 25% rise from the same period last year. This revenue sets a new monthly record for the state in this segment.
Experts note that fierce competition among major online casinos is driving industry growth, leading to innovative ideas and attracting more players. As a result, New Jersey is currently regarded as the largest iGaming market in the United States.
FanDuel Casino topped the rankings with earnings of $52 million (4.2 billion rubles), a 38% increase from the previous year. DraftKings followed closely in second place with a profit of $48.6 million, while BetMGM reported earnings of $31.4 million (2.5 billion rubles).
Caesars Palace Online also set a new record in July 2025, with revenue of $18.7 million (1.5 billion rubles), reflecting a 50% increase year-on-year.
Notably, the Asian sector also had a successful month, with Grand Korea Leisure announcing record-high revenues in the company's history.

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