The New Jersey Division of Gaming Enforcement (DGE) recently released the revenue figures for gambling in April 2025. They saw an overall revenue increase of 5% year-over-year to $536.6m. The rise was mostly driven by a 25.2% growth from the previous year for online gaming. The April figures continue a trend seen in March, which built on the momentum from February.
Online gaming revenue
The April 2025 revenue total for online gaming in New Jersey was $235.2 million. This was up 25.2% from the previous year and fell just short of the 243.9 million posted in March, which was a record. Year-to-date online gaming revenue now stands at $908.4 million. This reflects a 21% growth over the same period last year.
Of the revenue total for online gaming, a total of $232.8 million came from games like slots. The other $2.4 million came from online poker. When playing at a New Jersey online casino, slots are one of the most popular options. This growth in iGaming offset declines across sports betting and land-based casino markets.
Sports betting
Sports betting in New Jersey started in June 2018 with two retail sportsbooks. Today, there are 12 retail sportsbooks and 19 online sportsbooks. Sports betting revenue for April was $90.5 million, a decrease of 14.8% from the prior year period. Year-to-date sports wagering revenue saw a dip of 17.6%.
Online sports wagering generated $87.9m of the total revenue. This was a decrease of 15.7% year-over-year. Retail sports wagering accounted for $2.6m of revenue.
Handle refers to the total amount bettors wager, and revenue is what is left after paying out winning tickets. The monthly sports betting handle in April was $994.4 million, which was 1.5% behind last year’s total. Online betting wagers reached $954.1 million, and retail spend was at $40.4 million.
Land-based casinos
April saw a 2.7% drop in casino revenue for the nine Atlantic City casinos to $211 million. This is a 2.7% drop from the $216.8m reported in April 2024. The year-to-date casino win figure of a little over $855 is a decrease of 2% from the prior year period during 2024. Slot machine revenue reached a high of $162.2 million, but table games revenue dropped.
In the past, it was the brick-and-mortar casinos that were the main source of gambling revenue in New Jersey. This isn’t the case any longer due to the growth of online gambling. Many factors attract players to online casinos, such as their convenience and safe payment features. Land-based casinos increasingly need to provide new amenities and luxury offerings to attract gamblers at a time when online gambling is so popular.
Tax revenue
In terms of tax revenue, the gross monthly total for April 2025 was $59.8 million. This contributes to a year-to-date tax total of $234.9 million. This included $12.7 million from land-based casinos, $35.3 million from online gambling, and $212.3 million from retail sports wagering.
Governor Phil Murphy’s 2026 fiscal year budget includes a plan to raise the New Jersey sports betting and online casinos tax rate to 25%. Projections show that this could bring in a $402.4 million increase in annual revenue, but there is plenty of opposition to this.
Online gambling revenue keeps growing
The American Gaming Association (AGA) has a gaming revenue tracker. It features gambling revenue by state and nationwide performance. This tracker shows that online gaming revenue, consisting of iGaming and online sports betting, expanded by 15.3% in the first quarter of 2025.
Combining the quarterly revenue of iGaming and online sports betting, the total was $6.19 billion. New Jersey is obviously in line with a nationwide trend with the year-on-year growth in iGaming revenue.