New Jersey online gambling reaches an all-time high of $260 million in October; Atlantic City casinos increase by 12.5%


New Jersey’s online gambling revenue reached an all-time high of over $260 million in October, as per the latest statistics. Simultaneously, the physical casinos in Atlantic City recorded their best October performance in over a decade, reported state authorities on Monday.

Data from the New Jersey Division of Gaming Enforcement (DGE) indicated that online casino earnings surpassed the previous monthly record of $248 million established in August. This marks the sixth instance in the last 10 months where online gaming revenue has outstripped in-person casino earnings.

The nine casinos in Atlantic City collectively generated $234.7 million in on-site gambling revenue, reflecting a 12.5% increase compared to the previous year, and achieving the highest October figures since 2011. While seven out of nine casinos experienced year-on-year growth, only Hard Rock and Ocean performed better than their pre-pandemic figures from October 2019.

“Atlantic City casino operators have continued the momentum from the summer season, achieving the best October gross gaming revenue for physical casinos since 2011,” commented Jane Bokunewicz from Stockton University’s Lloyd D. Levenson Institute. She remarked on the rarity of October’s in-person casino revenue exceeding that of September.

The combined gaming revenue from casinos, online gaming, and sportsbooks totaled $611 million, which is up 22.3% YOY. Nevertheless, state officials and casino operators indicate that online and sports betting income is often shared with technology partners and sportsbooks, making on-site gambling the primary performance metric for casinos.

Sports betting also saw a significant increase, bringing in $116.1 million, nearly 50% higher than in October 2024, with a betting handle of $1.27 billion.

For the year to date, casinos, racetracks, and their affiliates have amassed $5.74 billion, a 10% increase from the same timeframe last year.

“October’s in-person casino winnings were the highest in four years, making it the second-best October in 14 years,” said James Plousis, chair of the New Jersey Casino Control Commission. He stated that a blend of excellent on-site experiences along with thriving online platforms creates a “winning scenario for the gaming sector and boosts the economy of the city, the region, and the state.”

Borgata dominated the in-person market with $68.4 million, an increase of 28.2%, followed by Hard Rock with $42.4 million and Ocean with $39.4 million. Golden Nugget and Resorts also saw double-digit increases, while Tropicana and Bally’s experienced declines.

FanDuel, in partnership with Golden Nugget, triumphed in the online segment with $60.8 million, up 26.1%, followed by DraftKings at $48.5 million and BetMGM at $33.2 million. Hard Rock Bet reported the fastest growth in online gaming at 38.2%.

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