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The New Jersey Division of Gaming Enforcement (DGE) has released its gambling revenue report for October, and gambling operators in the state posted a total revenue of $611 million, which translates to a 22.3% increase year-over-year (YoY). According to the data, sports betting revenue increased by 49.8% to $116.1 million while land-based casinos saw their revenue increase by 12.5% to $234.7 billion.
Overall, iGaming was the main source of gambling revenue. The sector brought a new all-time high revenue of $260.3 million in October, which translates to a 21.8% increase YoY. It was also the first time iGaming revenue in New Jersey cleared the $250 million mark, after previously hitting $248.8 million in August.
The New Jersey DGE knows that part of the online gambling activity still happens outside its regulated system. Take poker, for example. Offshore poker sites are still used by players who want more game options or the chance to play poker globally, which these international platforms allow. Because these sites are not regulated by the state, their activity is not counted in New Jersey's official revenue numbers, so the real amount of iGaming is most likely higher than the reports show.
A further look at the data showed that out of the total iGaming revenue for October, online slots and table games were responsible for $257.7 million, while online poker generated $2.6 million in revenue.
Although the report showed that iGaming was one of the biggest contributors to monthly revenue, the sports betting sector recorded the highest growth on a year-over-year basis. Sports betting revenue increased by 49.8% YoY to a new valuation of $116.1 million. Out of the total figure, $110.7 million came from online betting, while retail sportsbooks completed the remaining $5.4 million.
In terms of spending, residents spent $1.24 billion on sports wagers, which led to a 10.7% increase YoY. With this spending, New Jersey's sports betting hold for the month was pegged at 9.39%.
The last gaming vertical, land-based casinos, generated $234.7 million in October with physical slot machines generating $174.4 million in revenue, while table games posted $60.3 million in revenue.
In terms of taxes, gaming operators paid $88.2 million into state coffers, while iGaming operators were said to have paid $51.5 million in taxes.
Overall, 2025 has been a good year for the gaming sector. From January to October 2025, the total gambling revenue was $5.74 billion, which is 10% more than the $5.22 billion reported at this same time last year.
On the regulatory side, several gambling-related bills are being deliberated. One of them is Bill A5971, which was introduced in July by Assemblyman Dan Hutchison. Its aim is to prevent micro bets in sports betting. Micro bets are in-game sports wagers; they are quick and easy to place. The goal is to curb impulsive or excessive gambling behavior tied to live events.
With the year coming to a close, gaming experts believe that the state's gaming revenue will continue to grow. With the NBA and NFL entering their peak months this December, operators believe that there will be more activity in the gambling market, which would ultimately yield positive results for the gaming sector.