New Jersey Gaming Revenue Nears $7 Billion in 2025, Up 10.8% Year-on-Year

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New Jersey’s gaming industry closed out 2025 with another year of strong growth, generating $6.98 billion in total gaming revenue, according to the latest report from the New Jersey Division of Gaming Enforcement (DGE). The figure represents a 10.8% increase over the $6.3 billion reported in 2024.

December Caps the Year With Strong Gains

In December alone, casinos, racetracks, and their online partners produced $605.6 million in total gaming revenue—up 15.9% from the $522.6 million recorded in December 2024.

The surge in revenue translated into higher tax contributions, with operators paying $89.9 million in taxes for December and $844.1 million for the full year.

Performance by Vertical: iGaming and Sports Betting Lead the Way

Casino Win

  • December 2025: $216.1M
  • December 2024: $231.8M (‑6.7%)
  • Full-year 2025: $2.89B (+2.7%)

Despite a softer December, brick‑and‑mortar casinos posted modest annual growth.

Internet Gaming

  • December 2025: $273.2M
  • December 2024: $228M (+19.8%)
  • Full-year 2025: $2.91B (+22%)

iGaming once again delivered double‑digit expansion, surpassing land‑based casino win for the first time on a full‑year basis.

Sports Betting

  • December 2025: $116.3M
  • December 2024: $62.8M (+85%)
  • Full-year 2025: $1.18B (+7.5%)

Sports wagering posted the strongest December growth of any vertical, nearly doubling year‑over‑year.

Smoking Ban Debate Reignites in Trenton

While the industry celebrated another year of revenue gains, New Jersey lawmakers revived the long‑running debate over banning smoking inside Atlantic City casinos. Workers have repeatedly pushed for smoke‑free workplaces, citing health concerns, while casinos warn that a ban could reduce visitation.

Outgoing Gov. Phil Murphy did not act on the proposed smoking ban before leaving office, though he did sign legislation requiring expanded gambling education initiatives.

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