New Jersey shatters online gambling record

The milestone comes as overall gaming revenue, including Atlantic City land-based casinos and sportsbooks, reached $606.2 million, a 10.7% year-on-year increase.

But while New Jersey celebrates another month of $230M+ in online gambling revenue, a bigger question looms. 

With the American Gaming Association estimating that U.S. players wager $673.6 billion each year with illegal and unregulated operators, should the federal government be considering a national framework for online gambling?

Category	Revenue	Growth / Context
New Jersey online casinos (July 2025)	$247.3M	+26.6% YoY (record monthly high)
New Jersey iGaming YTD (Jan–Jul 2025)	$1.63B	+23.3% vs. same period 2024
Estimated U.S. illegal & unregulated gambling	$673.6B annually	AGA estimate, dwarfing regulated market size

Online casinos smash records again

The state’s iGaming market grew 26.6% compared to July 2024 and increased 7.2% from June 2025. Year-to-date, online casinos have already amassed $1.63 billion in revenue, a 23.3% improvement on last year’s total of $1.33 billion at the same point.

Since September 2024, online casino revenue has consistently cleared the $200 million mark, making it the new normal for the market.

Month	Online casino revenue
May 2025	$246.8M
June 2025	$230.7M
July 2025	$247.3M

Atlantic City bounce-back supports total growth

While online gambling grabbed headlines, brick-and-mortar casinos also had a strong summer. 

Atlantic City properties brought in $284.1 million, a 4.3% increase from July 2024.

It marked the third consecutive month that brick-and-mortar revenue surpassed online earnings. 

Casino Control Commission chair James Plousis praised the performance, saying the “solid summer season” reflects years of reinvestment in Atlantic City’s casino hotels.

Online casino operators battle for market share

The online casino operator landscape continues to shift as competition heats up:

• FanDuel Casino: $52M, up 37.8% year-on-year — fifth straight month above $50M.

• DraftKings Casino: $48.6M, narrowing its gap with FanDuel.

• BetMGM: $31.4M, its second-highest month ever.

• Caesars Palace Online: $18.7M, setting a new company record.

These results suggest a more competitive market ahead, especially as new operators push into higher tiers.

The federal question: should booming iGaming be unified?

New Jersey’s record performance comes at a time when the AGA estimates that hundreds of billions are still being wagered with illegal sites each year. This highlights the need for a conversation on key policy surrounding a federal regulatory framework to combat black market operators.  

In July alone, New Jersey collected $48.9 million in online gambling taxes, bringing the year-to-date total to $256.4 million. With football betting season fast approaching, those figures are expected to increase in the coming months.

Whether those numbers strengthen the case for federal involvement remains to be seen, but for now, New Jersey continues to set the pace for legal online gambling in America.