FanDuel Sets (Another) New Jersey iGaming Record In March

FanDuel again extended its state record for monthly online casino revenue after the New Jersey Division of Gaming Enforcement reported on Thursday total statewide iGaming operator winnings of $272.1 million for March.

That total, which represented an 11.6% increase from last year, came within $1.2 million of the all-time high of $273.2 million reported last December. New Jersey iGaming operators also extended their streak with $250 million or more to six consecutive months.

Despite the softer double-digit percentage increase, internet casino gaming continued to easily outpace the other verticals in New Jersey. Atlantic City casino revenue increased only 2.5% to $236.7 million, while Garden State sportsbooks had a 22.8% bump to $87.6 million.

The $596.4 million in combined revenue was up 9.2% from a year ago as the state collected $95.6 million in total gaming taxes.

FanDuel shines again for Golden Nugget

FanDuel is the only New Jersey iGaming operator to surpass $60 million in monthly revenue, first doing so last October. In surpassing that threshold for the first time in 2026, the $62.7 million claimed bettered its previous high of $61.9 million in December and was an increase of 20% from March 2025.

That helped its Atlantic City tether, Golden Nugget, become the first license-holder to surpass $80 million in monthly winnings. That number, up 12% year-over-year, also got a boost from BetRivers. The Rush Street Interactive platform pulled in $11.7 million, reaching eight figures for the first time since the DGE began publishing monthly figures in 2024.

Overall, seven skins set new monthly all-time highs in March. Hard Rock as an internet casino skin and license-holder did the double for record highs; its internal platform had a record $18.4 million windfall and totaled $21.9 million when second skin bet365 also had its best month with a $3.4 million haul.

Hard Rock also disclosed its promotional spend for the first time since August 2023 in its monthly filings with the state, showing $5.3 million in promotional credits wagered for March.

On a smaller scale, Ocean Casino duplicated Hard Rock's feat as its two skins each set monthly highs and combined for $6.1 million in winnings. Playstar collected $3.3 million, up 25.4% from the previous year as it cleared $3 million for only the third time.

Mohegan Sun, one of five skins tethered to Resorts Digital, notched $1.8 million in winnings. While technically not an all-time high for Penn Entertainment skins, theScore Bet had its best month since entering the marketplace in November with $3.1 million.

Everyone chasing FanDuel

The Borgata was a distant second among license-holders with $59.9 million, its second-best month behind the $64.3 million claimed last December. BetMGM totaled $34.9 million as its 10.4% year-over-year increase helped offset a 6% downturn in winnings by the Borgata's internal platform to $21.1 million.

In between FanDuel and BetMGM was DraftKings, whose $48.3 million haul was down 2.8% from a year ago. The $37.5 million gap in first-quarter revenue between FanDuel and DraftKings is nearly four times higher compared to first-quarter results from 2025.

Hard Rock's record effort left it $150,000 shy of topping Caesars Palace ($18.6 million) for fifth, though it was a 55.8% increase from last year. Fanatics more than doubled its winnings from last March at $12.7 million, and BetRivers rounded out the group of eight operators to accumulate $10 million or more in monthly winnings.