New Jersey’s online casino gambling reached over $241 million in March, which showed a year-over-year increase of nearly 24%, while online poker rose 8.9% from the previous March.
iGaming Booming
Online slots and table games soared to $241.3 million in March, revealing a 23.9% spike over March 2023, while online poker jumped 8.9% over the same time, generating $2.6 million for New Jersey’s iGaming platforms.
Market Leaders
The leader in the market was FanDuel, teamed with Golden Nugget Atlantic City, which reported revenues of $52.3 million, a gain of 25.7% from last March. Trailing closely behind was the DraftKings and Resorts Casino Hotel tandem that posted revenues of $49.6 million, a year-over-year rise of 20.3%.
BetMGM and Borgata checked in with $31.6 million in iGaming revenue, while Borgata’s stand-alone platform generated $22.4 million in revenue. Caesars, through its agreement with Tropicana Atlantic City, totaled $15.7 million for the month.
Hard Rock Bet is making noise in New Jersey’s online gaming sector, posting $11.8 million in March, which was a sharp 31.4% increase over its $9 million in March 2024. Hard Rock Bet has focused on expanding its iGaming catalog, which began with 750 titles in January 2023 and grew to 2,500 titles in January 2025 and then jumped to 2,700 titles in March.
Sports Betting Revenue Plummets
The news was markedly different in New Jersey’s sports betting category, as the mobile and retail sportsbooks saw their combined revenues in March fall 20.5% year-over-year to $71.3 million. Much like other markets, mobile sports betting received the lion’s share of wagers, with $68.0 million of the 71.3 million generated from online betting.
Digital sports betting revenue dropped 20.6% from March 2024, while the $3.3 million at the brick-and-mortar books saw their revenues fall 17.2% year-over-year. As for the handle in each category, mobile sports betting produced $1.06 billion of the combined $1.11 billion in sports bets in March, a decline of 23.5%, partially due to a modest 6.44% monthly hold or win rate.
Top Sportsbooks in New Jersey
Although the New Jersey Division of Gaming Enforcement does not publish individual sportsbook handles, revenues showed FanDuel, through its partnership with the Meadowlands, was New Jersey’s most popular sports betting platform in March, delivering $23.4 million in sports betting revenue, a 13.4% drop from the previous March.
DraftKings and its Resorts Casino Hotel partner trailed the frontrunner with $19.9 million in revenues, a year-over-year increase of 13.4%.
BetMGM and Borgata made the podium and took home the bronze with $8.0 million in revenues, a dramatic 35.8% year-over-year increase.
Other sportsbooks worth noting were Fanatics, which recorded revenues of $4.4 million in March, while Caesars and the Tropicana posted $3.2 million, Bet365 took home $2.8 million, and Bally Bet, ESPN BET, and BetRivers failed to crack $1 million in March.
Future Tax Increase Proposal
The state received $9 million in taxes on sports betting revenues in March, but New Jersey Governor Phil Murphy has voiced his support for a tax increase on both iGaming and sports betting revenues from 13% to 25% and 15% to 25%, respectively.
