In May, land-based casinos made the most money in New Jersey, but iGaming had a record month and stole the show again.
Gambling in New Jersey In May, New Jersey's online gambling income hit a record $246.8 million. The Garden State also saw growth in all other market categories compared to the same month last year.

The New Jersey Division of Gaming Enforcement said that total gambling revenue in May was $614.7 million. This was 20.5% more than last year and 14.6% more than April of this year.

For the first time in a few months, land-based casinos made the most money out of the three types of casinos in the market. But iGaming, which has been leading the way in New Jersey lately, nonetheless stole the show with a record month.

New Jersey iGaming had a record month.
The operators' iGaming revenue was 28.5% greater than the previous year and 1.2% higher than the record set in March of this year. It was also 4.9% more than the figure for April.

Online slots and table games brought in $244.2 million, which is 28.6% more than previous year. The other $2.7 million came from online poker, which represents a 22.8% increase.

FanDuel and its partner Golden Nugget Atlantic City made the most money in iGaming, bringing in $54.5 million. DraftKings and Resorts Casino Hotel came in second with $48.1 million a month.

BetMGM and Borgata came in third with $32.5 million. Borgata's solo platform made $20.8 million, and Caesars Palace and Tropicana Atlantic City made $18 million.

The hold on sports betting in New Jersey is at 10.14%.
In May, sports betting made more than $102.5 million. It was 30.2% higher than last year and 13.3% higher than April's number this year.

Online betting made $98 million of all sports betting revenue, which is 26.2% more than in 2024. Retail, on the other hand, did the best, with a total of $4.5 million, which was 326.6% more than last year.

Total handle for the month was $1.01 billion, which is 12.4% greater than May 2024 and 7% more than April. People in New Jersey spent $967.1 million betting online and $43.5 million at retail sportsbooks.

The state's monthly hold rate was 10.14%.

FanDuel and Meadowlands continued to top the online market, bringing in $44.3 million. New Jersey doesn't publish monthly information about the handles of each operator.

Again, DraftKings and Resorts Casino Hotel came in second with $28.3 million, followed by BetFanatics and Bally's with $6.2 million. With $6.0 million, Bet365 and Hard Rock came in second, ahead of ESPN Bet and Resorts with $4.9 million.

Meadowlands was the obvious market leader in retail, making $4.8 million in sales.

Land-based casinos are coming again.
For a few months, land-based casinos were behind iGaming, but now they are back on top, bringing in more money than any other industry. The $265.3 million that came in was 10.9% more than previous year.

Revenue from slot machines rose 7.5% from the previous year to $194.8 million, and revenue from table games rose 21.9% to $70.5 million.

In May, New Jersey collected $66.8 million in taxes from all industries. iGaming brought in $37.1 million, land-based casinos brought in $16.5 million, internet sports betting brought in $12.7 million, and retail sports betting brought in $454,318.

The overall amount of money made from gambling in the state so far this year is $2.74 billion, which is 6.6% more than last year. iGaming brought in $1.16 billion, land-based casinos brought in $1.12 billion, and sports betting brought in $460.2 million.