The New Jersey Division of Gaming Enforcement has posted December’s revenue results, and in regards to iGaming, there are two numbers that really pop out.
One is $273.2 million, which is the combined monthly revenue produced by the more than two dozen New Jersey online casino operators. It also happens to be a new monthly record, topping October’s $260.3 million.
The second is $2.91 billion. That would be the total revenue produced by
the Garden State iGaming operators during 2025. It marks a 22% increase from the $2.39 billion reported one year earlier.
New Jersey’s total 2025 gaming revenue, which includes Atlantic City’s nine land-based casinos and sports betting, came out to $6.98, up 10.8% from the $6.3 billion reported in 2024. The iGaming sector was the biggest contributor to the grand total, accounting for nearly 42% of the total gaming revenue. By comparison, the $2.89 billion earned from Atlantic City slots and table games made up 41.4%
Last year was the closest NJ online casinos have come to cracking the $3-billion plateau since the industry went live more than a decade ago. Over the last five years alone, the sector’s upward trajectory has gone from earning $1.37 billion in 2021 to $2.91 four years later.
The most recent results also happen to be the first time ever that annual online gambling revenue surpassed land-based earnings.
James T. Plousis, Chairman of the New Jersey Casino Control Commission, issued a statement that provided insight on how both sectors are succeeding.
“Atlantic City’s annual casino win grew 2.7% compared to 2024, achieving its best result since 2012 – demonstrating that in-person and online gaming can succeed together,” Plousis said.
When looking at the top individual operators from December, FanDuel and DraftKings casinos remain the market leaders.
Besides leading all operators with $61.9 million in monthly revenue, FanDuel enjoyed a 23.6% year-over-year increase from last December.
DraftKings Casino finished second with $51.2 million.
BetFanatics also stood out in the pack as a result of enjoying a 263.1% increase with $12.8 million, up from December 2024’s $3.5 million.
The table below provides a breakdown of the top-performing NJ online casinos for 2025.
| Brand | 2025 Online Casino Revenue (in millions) | 2025 Percentage Increase |
|---|---|---|
| FanDuel | 655.5 | 29.4% |
| DraftKings | 569.8 | 10.6% |
| BetMGM | 376 | 30.7% |
| Borgata | 252.8 | 12.8% |
| Caesars Palace | 203.6 | 32.8% |
| Hard Rock Bet | 158.5 | 37.2% |
| Golden Nugget | 111.8 | 22.9% |
| BetRivers | 97.8 | 21.2% |
| BetFanatics | 92.3 | 313.7% |
| Bally Bet | 59.7 | -9.1% |
