To say that the online casino industry was in a healthy state would be the understatement of the century, and the latest numbers released in relation to revenue accrued in New Jersey are definitely a testament to that fact.
The New Jersey casino scene has always been something of a flag-bearer for the national market, and things are certainly looking rosy right now. The total revenue for gambling in the state reached $563.7 million for September, with that chiefly down to the online sector.
Though that total is below August’s numbers, the state is set to break its 2024 revenue record and is on track to set a new annual record. Fans of online casinos in the state may want to secure some additional enjoyment from the pastime with the help of this amazing BetMGM casino bonus code, which will help make their experience an even more profitable one.
Online Casinos Continue to Power Growth
New Jersey’s online casinos kept up very strong momentum in September, pulling in $243.1 million — up 16.8% year‑over‑year and narrowly below August’s record $248.4 million.
Reports state New Jersey’s online casinos pulled in $243.1 million in September (up 16.8% year-on-year), driven by $240.7 million from slots and table games (up 16.9% YoY) and $2.5 million from online poker (↑10.7% YoY).
Sustained double‑digit growth in online casinos is propping up the state’s overall gambling receipts, offsetting sports‑betting volatility and helping stabilize the market.
The Top Three Operators by Revenue:
- FanDuel & Golden Nugget
- DraftKings / Resorts World
- BetMGM / Borgata
Atlantic City’s Brick-and-Mortar Casinos Hold Steady
In contrast, New Jersey’s brick-and-mortar casinos, nine situated in Atlantic City, have stagnated somewhat. Slot machine revenue stayed fairly similar to previous months, but revenue coming from table games did rise a little, helping to balance the books.
September marked the fifth occasion this year that online casino revenue topped $240 million, with New Jersey sites edging closer to the elusive $250 million mark. The $243.1 million haul was a 16.8% gain versus last year, breaking a six‑month streak of year‑over‑year increases of at least 23%. Only February showed a smaller rise this year, at 14%.
Fanatics’ Rapid Growth Shakes Up the Market
Fanatics, who are still pretty new to the online casino scene, are making some serious moves in New Jersey and beyond. The brand’s grown fast enough to get people talking — it looks like they’ve nailed a mix of promotions, product tweaks, or marketing that actually brings players in.
Instead of staying flat like most operators, Fanatics has bounced around and then exploded: $6.2M in May, dipped to $3.6M in June, then shot up to a record $12.4M in July. That kind of swing shows they can drive big spikes in activity. If they keep this up, they’ll be tough to ignore and look set to steal more of the market share from the traditional big-hitters in the online casino market.
Steady Growth and Strong Fundamentals for the Future
New Jersey’s online casino market has demonstrated steady, reliable growth and resilience, reflecting its maturity and staying power. Consistent double‑digit gains, strong operator competition, and rising player engagement make the sector a dependable revenue engine for the state, with the added bonus of tax receipts from online play providing tangible benefits for New Jersey residents.
