New Jersey’s casino licensees posted steady gains for the quarter ending June 30, 2025, with both net revenue and gross operating profit on the rise.
Net revenue for the...
New Jersey total gaming revenue hits $611M in October
New Jersey’s overall gaming income in October was $611.1 million, recording a 22.3% rise over the previous year’s $499.8 million in the same month.
iGaming is still the leader in the market, making $260.3 million in October only, which is an increase of 21.8% from $213.6 million that was earned a year ago.
Sports betting was the major contributor in terms of YoY growth, coming from $77.5 million last year to $116.1 million in October 2025, which is almost a 50% increase.
Casino hotels were also a good source of revenue, taking in $234.7 million, up from $208.7 million a year earlier, an increase of 12.5%.
Up to this point in the fiscal year the state has generated revenue of $5.74 billion, which is a 10% rise compared to last year’s figure of $5.22 billion in the same month. The state has also successfully collected $88.2 million in gaming taxes during October, which made the year’s total so far go up to $699.9 million.
New Jersey Superior Court issued a temporary restraining order in favor of the National Council on Problem Gambling (NCPG), blocking the Council on Compulsive Gambling of New...
