Everyone talks about growth. New Jersey publishes the receipts. When a regulated online casino market puts its numbers on the table every month, you can see what works and...
Q2 growth helps New Jersey casinos offset H1 decline
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 quarter estimated at $837.2 million, up 0.9% year-on-year, and gross operating profit went up 3.3% to $184.3 million.
However, looking at the bigger picture, net revenue for the first half of the year totaled $1.57 billion, which is down 2% compared with the same period last year, and gross operating profit came in at $320.7 million, with a 3.9% decline.
Hotel occupancy had the same picture. Averaged 72.6% for the Q2 2025, it fell 0.7% year-on-year, while for the six-month period it stood at 67.8%, a decrease of 1.3%.
Lawmakers in New Jersey and Vermont have introduced measures to limit and ban specific types of event contracts in an effort to tighten control over prediction markets.On...
