New Jersey Online Casino Revenue Rises 23.5% In June, FanDuel Widening Its Lead

The New Jersey Division of Gaming Enforcement reported on Wednesday $230.7 million in adjusted gross online casino revenue for June, as digital operators again showed solid growth.

That figure was up 23.5% from last year and was part of a robust haul when adding up figures from Atlantic City casinos, iGaming, and sportsbooks across the Garden State. The $581.6 million in total gaming win for June represented a year-over-year increase of 18.4% from the $491 million reported for June 2024.

The $1.39 billion in year-to-date iCasino revenue for the first half of 2025 is up 22.7% from the first six months of 2024. Online casino operators remitted $34.5 million in tax receipts to the state for June, and the $396.2 million inflow into state coffers for Fiscal Year 2025 was up $77.6 million from FY 2024.

The start of FY 2026 on July 1 saw the tax rate for both online casino and digital sports betting increase to 19.75%.

What a difference a year makes

At this time last year, FanDuel Casino was a clear-cut No. 2 in terms of operator revenue behind DraftKings. Fast forward 12 months, and the online titans have switched spots, with FanDuel surpassing $50 million in winnings for the fourth straight month at $53.3 million.

That is a year-over-year increase of 48.2% from June 2024, and its $306.7 million accrued the first half of 2025 represents 30% growth. FanDuel has created a spread of $31.4 million between itself and DraftKings thus far after finishing $8.4 million behind its eternal rival in 2024.

DraftKings reported modest year-over-year growth in June with $43.6 million, up 6.3%. It also has posted double-digit, year-to-date growth from 2024, but it is a more modest 12.3% to $275.3 million.

BetMGM crossed the $30 million revenue threshold for the second time, with its $30.2 million ranking behind only its $31.6 million haul from March. Winnings were up 35.3% from last year, and the 36.5% surge in 2025 to $181 million is the highest year-to-date percentage increase among the state’s top six operators.

The Borgata narrowly extended its monthly streak with at least $20 million in revenue to seven, edging over that plateau by $45,100. Overall, Borgata’s five online skins generated a combined $53.9 million in revenue in June — up 25.7% compared to 2024.

Caesars Palace Online had the highest percentage increase among the six platforms to reach eight figures in revenue, with the $16.9 million claimed up 49.2% from 12 months prior. That was its second-best monthly haul behind April’s near-$18 million, and Caesars has had four consecutive months with at least $15 million in winnings.

Hard Rock rounded out the group of six with $13.5 million, a 40.3% bounce. That was an all-time monthly high for the second straight month, and all of Hard Rock’s top five revenue totals have come in 2025. That has contributed to a 36.2% climb in year-to-date revenue to $72.4 million.

Checking in elsewhere …

June marked the first time this year BetRivers outperformed Golden Nugget, with the former claiming $7.7 million and the latter $7.3 million. Revenue for the Rush Street Interactive platform was up 10.5%, while Golden Nugget winnings slipped 6.5%.

Fanatics had a near-doubling of revenue to $3.6 million, but that was also less than half its record April total of $7.4 million and down 41.9% from May. Bally’s was the last of nine operators to surpass $5 million in revenue, posting a 3.6% decline from last year at $5.6 million. Bally’s is also the only operator in the top 10 to show a downturn in year-to-date winnings, with its $30.8 million total 12.7% lower than the first half of 2024.

The Borgata drops the felt hammer

On the brick-and-mortar front, the 6.1% increase in Atlantic City revenue to $259 million was largely attributable to Borgata, which had a 19.4% bounce in winnings to $76.7 million. The Borgata cleaned house on table games with a haul of close to $29 million, fueled by $27.9 million won on the felt from non-poker games.

The house had an eye-watering 25% hold on $111.7 million drop from craps, blackjack, and roulette, and the Borgata recorded its highest monthly non-poker table games revenue since claiming $30.1 million in July 2019.

The Borgata’s big June narrowed the overall gap this year in revenue between Atlantic City casinos and their online counterparts to $6.3 million in favor of the digital platforms. Brick-and-mortar revenue is up only 1.7% through the first six months of 2025.