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New Jersey gaming revenue climbs 20.5% to $614.7m in May 2025 

iGaming and sports betting lead year-on-year growth as monthly total hits new high.

nj may25

Key points:

- Total gaming revenue reached $614.7m in May 2025, up 20.5% from May 2024

- iGaming revenue increased 28.5% to $246.8m; sports wagering rose 30.2% to $102.5m

- Table games saw 21.9% growth, generating $70.5m; slot machine win rose 7.5% to $194.8m

New Jersey’s Division of Gaming Enforcement has reported total gaming revenue of $614.7m for May 2025, marking a 20.5% year-on-year increase and the state’s strongest monthly performance so far this year.

The monthly total was driven by gains across all major segments. Casino win rose 10.9% to $265.3m, including $194.8m from slot machines (+7.5%) and $70.5m from table games (+21.9%).  

Borgata Atlantic City remained the top-grossing venue, reporting $51.1m in revenue, up 14.3%. Hard Rock and Ocean Casino followed with $36.5m (+10.8%) and $30.2m (+8.4%) respectively.

iGaming revenue continued its strong upward trend, rising 28.5% to $246.8m. FanDuel led all operators with $54.4m (+36.1%), followed by DraftKings with $48.1m (+13.8%), BetMGM with $32.5m (+42.7%) and Borgata with $20.8m (+15.1%).

Good to know: On 12 June 2025, Future Anthem was granted a New Jersey licence, allowing operators access to its Amplifier AI personalisation product

Sports wagering revenue reached $102.5m, a 30.2% increase. FanDuel again topped the list with $44.3m (+20.8%), while DraftKings earned $28.3m (+28.1%). 

BetFanatics, though smaller in volume, recorded a 206.8% increase to $6.2m. The total sports betting handle for May exceeded $1bn, with $967.1m placed online.

The May results represent a sharp recovery from April 2025, when total gaming revenue rose just 5% to $536.6m.

 In that month, internet gaming surged 25.2%, but both casino and sports wagering segments posted declines. May’s across-the-board gains reflect renewed momentum as the state’s iGaming and betting sectors continue to expand.

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