NJ Gaming Revenue Hits $546.1M in March 2025 | iGaming Up 24%

New Jersey’s gaming sector reported total revenue of $546.1 million in March 2025, representing a 3.7% increase compared to March 2024, according to data released by the New Jersey Division of Gaming Enforcement (DGE). The growth was primarily driven by the state’s online casino sector, which set new revenue records and continued its expansion in the regulated market.

Online Casino Revenue Surpasses Land-Based Gaming

Internet gaming revenue reached $243.9 million in March 2025, a 23.7% increase from the prior year period. This marked the third consecutive month that online casino revenue exceeded the combined gaming revenue from Atlantic City’s nine land-based casino properties.

Land-based casinos generated $230.9 million in total gaming revenue during March, reflecting a 3.7% decline year-over-year. The performance gap between digital and brick-and-mortar operations continues to widen as player preferences shift toward online platforms.

BetMGM reached a significant milestone during the month, reporting $31.6 million in iGaming revenue—the first time the operator has exceeded $30 million in monthly online casino revenue in New Jersey. This represented a 42.8% increase compared to March 2024, solidifying BetMGM’s position as one of the state’s leading online casino operators.

Regulatory Framework Supports Market Growth

New Jersey’s regulatory environment has enabled the state to maintain its position as a mature iGaming market since online casino gaming launched in 2013. The DGE’s oversight framework includes player protection measures, responsible gaming requirements, and regular financial reporting from licensed operators.

The state collected approximately $36.5 million in taxes from iGaming revenue in March 2025. Online casino gaming is taxed at 15% of gross gaming revenue, with proceeds allocated to programs supporting senior citizens and individuals with disabilities, as well as to the Casino Reinvestment Development Authority.

Market Trends and Operator Performance

The March 2025 data reflects continued consumer adoption of mobile gaming platforms and increased game variety offered by licensed operators. New Jersey’s online casino market features hundreds of slot titles, table games, and live dealer options accessible through desktop and mobile applications.

The DGE’s monthly reporting provides transparency into individual operator performance, enabling market participants and stakeholders to track competitive dynamics within the state’s licensed online casino ecosystem. Nine land-based casino properties hold licenses to offer online casino gaming in New Jersey, with most partnering with multiple technology providers and platform operators.

Industry Outlook

New Jersey’s iGaming sector continues to demonstrate consistent growth more than a decade after market launch. The state’s regulatory model has been studied by other jurisdictions considering online casino legalization, with several states implementing similar frameworks for licensing and oversight.

As technology advances and player engagement patterns evolve, New Jersey’s established market position provides opportunities for continued innovation in game development, payment processing, and customer acquisition strategies among licensed operators.

Source: New Jersey Division of Gaming Enforcement