NJ Online Gaming Breaks Record With $248.4M Revenue in August

NJ Online Gaming Breaks Record With 8.4M Revenue in August
NJ Online Gaming Breaks Record With 8.4M Revenue in August
New Jersey’s online gaming hit new heights in August, with $248.4 million in adjusted gross revenue. The state’s gaming board released these stats on Tuesday.

The numbers topped July’s take of $247.3 million. Year-over-year growth jumped to 25.2%. This surge pushed total state gaming money to $642.2 million, an all-time high.

FanDuel Casino led the pack. Their $57.1 million set a new bar as the first site to break $55 million in a single month. Their cash flow shot up 38.2% from last August.

Golden Nugget’s web games brought in $76 million, just above their May peak of $75.6 million. They cut back on giveaways, spending $3 million instead of July’s $9.4 million.

DraftKings earned $47.1 million, up 9% from 2024. Yet they still haven’t matched their best month, December 2024’s $51.3 million. Their strongest showing in 2025 was March’s $49.6 million.

The state’s bigger cut from online bets, now 19.75%, added $49.1 million to public funds. That’s $19.3 million more than last year. With four months left in 2025, tax money has hit $305.5 million, closing in on 2024’s total of $358.3 million.

Atlantic City’s physical casinos pulled in $311.9 million. Borgata topped the list at $80.2 million, its best since mid-2019. Hard Rock came next with $58.3 million, while Ocean Casino made $51.2 million.

Sports betting brought another $81.9 million, jumping 30.6% from last year. These combined streams pushed New Jersey’s gaming cash to record heights.

Seven web casinos crossed the $10 million mark in August. Borgata’s online games kept their streak going, ten straight months above $50 million. Fanatics Casino showed strong gains after fixing up their site in May.

The post NJ Online Gaming Breaks Record With $248.4M Revenue in August appeared first on WMTR AM.


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