New Jersey’s online casino market reached a new milestone in May 2026, setting a fresh monthly revenue record. Internet gaming generated $276.3 million during the month, surpassing the previous high set late in 2025 and continuing a broader upward trend for the vertical.
The figure represents an 11.9% increase compared to May 2025, when iGaming revenue totaled $246.8 million. The year-over-year growth aligns with sustained expansion across the state’s regulated online gambling market, which has consistently delivered some of the highest monthly totals on record in recent quarters.
For May, iGaming revenue slightly exceeded the performance of New Jersey’s nine casino hotels, which collectively reported $265.6 million in revenue. That retail figure represents marginal growth of just 0.1% year-over-year, indicating relatively flat performance for land-based operations.
The contrast highlights the continuing shift in revenue composition toward digital channels. Online gaming not only posted stronger annual growth, but also contributed the largest share of the state’s total gaming revenue for the month. This pattern has become more consistent as player behavior increasingly favors mobile and remote access.
Across all gaming verticals, including casinos, sports wagering, and iGaming, total revenue reached $627.1 million in May 2026. This reflects a 2.0% year-over-year increase compared to $614.7 million in May 2025.
Despite the record-setting performance of online casinos, overall growth remained relatively modest. The total was supported by iGaming gains but offset in part by weaker results in other segments, showing a mixed performance across New Jersey’s gaming ecosystem.
Sports wagering revenue declined significantly during the month, totaling $85.2 million. This represents a 16.9% drop compared to May 2025, when sportsbooks generated $102.5 million.
The decrease in sports betting revenue tempered the overall performance of the market. While iGaming growth helped maintain positive momentum, the divergence between segments underscores the volatility often present in sportsbook results, which can fluctuate based on seasonal factors and betting outcomes.
Through the first five months of 2026, New Jersey’s iGaming sector has generated approximately $1.32 billion in revenue. This marks a 14.4% increase compared to the same period in 2025, reinforcing the segment’s role as a primary growth driver.
Total gaming revenue for the year to date reached $2.93 billion, up 7.2% year-over-year. These figures suggest that, despite monthly fluctuations in certain verticals, the broader market remains on a steady growth trajectory.
Operator-level data indicates that leading platforms continue to drive a significant portion of iGaming revenue. Major brands, including FanDuel, DraftKings, and BetMGM, account for a large share of monthly totals, reflecting an increasingly competitive but concentrated market.
At the same time, smaller and emerging operators have posted notable growth rates, contributing to overall expansion. This mix of established leaders and developing brands illustrates a maturing ecosystem where both scale and innovation influence performance outcomes.
May 2026 reinforces the central role of iGaming within New Jersey’s regulated gaming industry. The segment’s ability to set new revenue records while maintaining double-digit growth suggests continued resilience, even as other verticals experience variability.
However, the broader market picture remains balanced rather than uniform. Modest total revenue growth and declines in sports wagering indicate that overall performance still depends on contributions from multiple segments. As such, future results will likely hinge on whether iGaming can sustain its trajectory while other areas stabilize.
