New Jersey’s playing market delivered one other milestone in July, recording greater than $606 million in complete income, whereas lawmakers concurrently tightened rules with a brand new regulation banning sweepstakes casinos and proxy betting.
Report-Breaking On-line On line casino Outcomes
Figures from the Division of Gaming Enforcement confirmed that web casinos produced $247.3 million in July, setting a brand new excessive simply two months after Might’s $246.8 million mark. This represented a 26.6% year-over-year leap and a 7.2% improve in comparison with June.
The state’s on-line on line casino sector has now generated $1.63 billion throughout the primary seven months of 2025, up 23.3% from the identical interval in 2024. These features proceed a pattern the place month-to-month on-line income has constantly surpassed $200 million since September 2024. On-line operators additionally contributed $48.9 million in taxes throughout July, bringing the year-to-date complete to $256.4 million, a big enhance for the state treasury.
FanDuel remained the dominant digital on line casino, extending its streak of surpassing $50 million in month-to-month income to 5 consecutive months. In July, it reported $52.1 million, a 37.8% rise from the earlier 12 months, giving it a considerable $34.8 million lead over DraftKings in year-to-date income. DraftKings adopted carefully with $48.6 million, narrowing the hole from June. BetMGM additionally remained sturdy with $31.4 million, whereas Caesars Palace On-line set a private better of $18.7 million, up 53.3% from July 2024. Laborious Rock posted $13.4 million, whereas Fanatics On line casino surged with $12.4 million, its highest efficiency thus far.
Atlantic Metropolis Casinos Present Summer time Power
Land-based on line casino earnings additionally improved, climbing 4.3% year-over-year to $284.1 million. A lot of this progress got here from Laborious Rock and Ocean On line casino Resort, the most recent properties on the Boardwalk. Borgata led the market with $79.9 million, adopted by Laborious Rock with $55.1 million and Ocean with $43.1 million.
James Plousis, chairman of the New Jersey On line casino Management Fee, highlighted the outcomes: “Atlantic Metropolis’s stable summer time season continued in July.” He added that in-person playing income of $1.66 billion for the 12 months by July was the very best since 2013.
In accordance with the Press of Atlantic Metropolis, Jane Bokunewicz, director of Stockton College’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, identified that casinos “began the third quarter on a excessive word, setting a brand new near-term, single-month complete gross gaming income document with greater than $577 million generated from all income streams, beating out final August’s $528.5 million single-month excessive.”
Sports activities betting, against this, slipped barely, producing $74.8 million in July, down 6.6% from final 12 months. Nonetheless, the whole deal with for the month exceeded $664 million, pushing the year-to-date betting quantity past $6.7 billion.
Sweeps Ban and Harder Playing Legal guidelines
Whereas operators celebrated income highs, lawmakers in Trenton enacted one of the restrictive playing legal guidelines in recent times. On Friday, August 15, Governor Phil Murphy signed Meeting Invoice 5447, which bans sweepstakes casinos and outlaws proxy betting, amongst different measures.
The statute defines sweepstakes playing as “a promotional, promoting, or advertising occasion, contest, or recreation, whether or not performed on-line or in-person, by which one thing of worth, resembling a prize or prize equal, is awarded, both straight or not directly by means resembling a dual-currency system of fee that permits a participant to change the forex for a prize or prize equal.”
Violators now face heavy penalties, with regulators empowered to hunt injunctions and impose fines of $100,000 for a primary offense and $250,000 for repeat violations. The invoice additionally broadens the definition of playing to cowl buying and selling or promoting one thing of worth tied to an unsure end result, and strengthens legal guidelines in opposition to rigging and insider betting. Proxy wagers of $1,000 or extra are particularly prohibited.
Not everybody helps the brand new regulation. The Social and Promotional Video games Affiliation argued earlier this 12 months that it “seeks to outlaw promotional sweepstakes platforms which are already authorized, don’t require buy to play, and are loved responsibly by thousands and thousands of adults throughout the nation.” Critics additionally warned that banning such contests may push gamers into unregulated markets.
Regardless of objections, state officers say the regulation is designed to defend New Jersey’s regulated sportsbooks and on-line casinos from unfair competitors whereas cracking down on practices seen as dangerous to market integrity.
