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New Jersey Hits the Jackpot with Record iGaming Revenue in May, but Land-Based Casinos Reclaim the Throne

Parsippany, NJLocal News

New Jersey's gambling market achieved a record $614. 7 million in revenue for May 2025, representing a 20. 5% increase from the previous year. The iGaming sector reached an unprecedented $246. 8 million, surpassing the prior record set in March.

Traditional casinos rebounded with $265. 3 million in revenue, indicating a 10. 9% year-on-year growth. FanDuel led the digital segment, earning $54. 5 million, while retail sports betting skyrocketed by 326.

6%, totaling $4. 5 million. The total gambling handle for May reached $1. 01 billion, with online platforms making up a significant portion. The state's tax revenue from gambling hit $66.

8 million, highlighting the sector's contribution to New Jersey's economy. The resurgence in brick-and-mortar casinos suggests a growing nostalgia for the in-person gaming experience. This dynamic landscape underscores the importance of innovation and accessibility in the evolving gambling market.

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