New Jersey smashes iGaming revenue record in August

Summary

New Jersey’s online casino market hit a record monthly high in August, with iGaming revenue reaching $248.4 million, according to the New Jersey Division of Gaming Enforcement. Overall gambling revenue for the month was $642.2 million, up 15.7% year-on-year and 5.9% higher than July 2025.

iGaming grew 25.2% year-on-year, largely driven by online slots ($245.7m) while internet poker provided $2.6m. Sports betting revenue rose 30.6% to $81.9m, and land-based casinos generated $311.9m. The state collected $86.1m in gambling taxes for August. Year-to-date through August, total gambling revenue sits at $4.57bn, up 9.7% versus 2024.

Author note

Punchy: This is a headline performance for US iGaming — record monthly revenue, strong operator growth and healthy tax receipts. If you follow US regulated markets or operator strategy, the details here matter.

Key Points

iGaming revenue hit a record $248.4 million in August, up 25.2% year-on-year.
Online slots accounted for $245.7 million of iGaming revenue; internet poker contributed $2.6 million.
Total gambling revenue for August was $642.2 million, a 15.7% increase versus August 2024.
Top online operator: FanDuel (with Golden Nugget) on $57.1 million, followed by DraftKings/Resorts World ($47.1m) and BetMGM/Borgata ($32.6m).
Sports betting revenue rose 30.6% to $81.9 million; online sports betting made up $79.3m of that figure.
Land-based casinos produced $311.9 million, with slots earning $234.3m and table games $77.6m.
State tax receipts from gambling in August totalled $86.1 million (including $49.1m from iGaming).
Year-to-date (Jan–Aug 2025) gambling revenue reached $4.57 billion: land-based $1.98bn, iGaming $1.88bn, sports betting $708.7m.

Context and relevance

This result underlines New Jersey’s continued dominance as a mature US iGaming market and shows sustained consumer spend across online slots and sports betting. Operator market-share moves (notably large percentage gains at several brands) highlight strategic wins for major suppliers and platform partners. The tax take and year-to-date growth also matter for policymakers and regional competitors watching regulatory outcomes and revenue models.

Why should I read this?

Short version: this shows where the US online gambling market is actually making money. If you work in operator strategy, payments, regulation or regional expansion, these numbers tell you who’s rising, where players are spending and how much tax the state is collecting — all the stuff that affects decisions fast. Worth a skim if you’re curious, mandatory read if you make business or policy calls.

Source

Source: https://igamingbusiness.com/finance/new-jersey-igaming-revenue-record-august/