NJ Online Gaming Breaks Record With $248.4M 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.

rssfeeds-admin

Share
Published by
rssfeeds-admin

Recent Posts

Marathon Patch 1.0.6 Update Pushes Players to Play Nice and Brings Big Changes to Shells, Weapons, and More

Bungie has been sprinkling details of its massive patch 1.0.6 update for Marathon in the…

20 minutes ago

Marathon Patch 1.0.6 Update Pushes Players to Play Nice and Brings Big Changes to Shells, Weapons, and More

Bungie has been sprinkling details of its massive patch 1.0.6 update for Marathon in the…

20 minutes ago

Man of Tomorrow Maxima Casting Confirmed

DC Studios has found its Maxima. Adria Arjona, who was on a shortlist of four…

20 minutes ago

Man of Tomorrow Maxima Casting Confirmed

DC Studios has found its Maxima. Adria Arjona, who was on a shortlist of four…

21 minutes ago

Jamie Dornan Cast in Viggo Mortensen’s Previous Role in The Lord of the Rings: The Hunt for Gollum

After re-confirming earlier this month that Viggo Mortensen would not be returning to his old…

21 minutes ago

AI Researcher Breaks Samsung TV Security, Gains Root Through Writable Drivers

This report describes how an AI-assisted researcher exploited writable driver interfaces to escalate from a…

51 minutes ago

This website uses cookies.