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New Jersey Online Casinos Break $260M Barrier as Market Growth AcceleratesNew Jersey posts its biggest online casino month ever, topping $260M and pushing statewide gaming revenue to new highs in 2025.New Jersey online casinos set a new monthly revenue record in October 2025, according to the latest figures from the state Division of Gaming Enforcement. The online gambling sector generated $260.3 million for the month, surpassing the previous high of $248.8 million set in August.Online slots and table games brought in $257.7 million, a 22% increase from a year earlier. Peer-to-peer online poker revenue also climbed 11.1% to $2.6 million.FanDuel Leads NJ Online Casinos in Record-Breaking OctoberFanDuel Casino posted the highest revenue of any online casino operator in the state, outperforming competitors by a wide margin. The platform generated $60.9 million in October, up 26.1% year over year. The results provided a significant boost to Golden Nugget Casino, FanDuel’s license partner, which reported $79.9 million in combined revenue across its five online casino platforms. The growth aligns with a 2024 iDEA Growth study that found online casinos can increase land-based casino revenue.DraftKings Casino was the second-best-performing operator, generating $48.5 million, a 6.3% annual increase. Resorts Digital, DraftKings’ licensing partner, posted $56.6 million, its second-highest total on record after December 2024.BetMGM, partnered with Borgata, reported $33.2 million — its strongest month ever. Borgata’s internal online platform added $21.9 million, the second-highest monthly total in its history.Caesars Palace Online posted $16.9 million, while Hard Rock generated $14.3 million. Fanatics also stood out with the highest year-over-year growth rate of any operator, up 250.4% to $13 million.NJ Online Casinos Break New Ground With $260MOctober’s record marks a major milestone for New Jersey’s online gambling market, pushing it firmly into new revenue territory. The sector came close to topping the quarter-billion-dollar threshold several times this year. Monthly online casino revenue had ranged between $243.2 million and $248.4 million for most of 2025, missing the $250 million mark by less than $7 million.Year-to-date online casino revenue through October reached $2.39 billion, up 22.6% from the same period in 2024. New Jersey remains one of the fastest-growing online gambling markets in the US, alongside Michigan and Pennsylvania.Online Casinos Lead Broad Gaming Growth Across New JerseyTotal gaming revenue from real-money online casinos, land-based casinos, and racetracks hit $611.1 million in October. Atlantic City’s nine casinos generated $234.7 million, a 12.5% year-over-year increase. Slot machine revenue rose 9.1% to $174.4 million, while table game revenue climbed 23.5% to $60.3 million.Sports betting also continued its upward trend. Sports wagering revenue reached $116.1 million, up 49.8% from a year earlier. Online betting accounted for $110.7 million, a 45.9% increase, while retail betting jumped 242.5% to $5.4 million. The total October handle hit $1.24 billion, including $1.19 billion wagered online and $43.8 million bet in person.Year-to-date total gaming revenue through October 2025 reached $5.74 billion, up 10% from the same period last year. Internet gaming contributed $2.39 billion, land-based casinos generated $2.44 billion, and sports wagering accounted for $914.6 million. The state collected $88.2 million in gross revenue taxes for October and $699.9 million year to date.

PrizePicks Partners with PolymarketPrizePicks, one of North America’s leading daily fantasy sports platforms, is taking a major step into prediction trading through a new multi-year partnership with Polymarket, the world’s largest prediction market. The collaboration will allow users to make event-based predictions on a broad range of subjects — including sports, entertainment, and current events — directly within the PrizePicks app.The companies announced that this integration will combine PrizePicks’ expansive fantasy sports community with Polymarket’s decentralized trading infrastructure, creating a new, interactive experience for millions of fans. The move also marks a milestone for Polymarket, which is preparing to re-enter the U.S. market under regulatory supervision after years of international operation.Expanding Horizons for Fantasy Sports Fans“As the No. 1 daily fantasy sports operator in the U.S., PrizePicks is thrilled to partner with Polymarket, a trailblazer in the prediction space, to open up new experiences for our millions of existing members and introduce our platform to millions of new customers,” said Mike Ybarra, CEO of PrizePicks, in a company press release. “By entering the U.S. predictions market, PrizePicks will create greater competition, drive innovation and deliver even more value directly to members.”Through this partnership, PrizePicks users will soon have access to regulated event contracts that function similarly to prediction markets, allowing them to speculate on real-world outcomes using Polymarket’s blockchain-based infrastructure. This represents a significant expansion beyond PrizePicks’ traditional player-based fantasy contests and positions the platform as a hybrid between daily fantasy sports and decentralized finance.Polymarket’s founder and CEO, Shayne Coplan, noted that the alliance will bridge prediction trading and mainstream sports entertainment. “PrizePicks has built one of the nation’s most exciting sports communities, and we are excited to help bring prediction markets into that world,” he said. “As we prepare to return to the U.S., this partnership shows how prediction markets can enhance fandom while setting a new standard for interactive, regulated sports engagement.”Polymarket’s Role in Decentralized Prediction TradingPolymarket has become a dominant force in decentralized prediction markets by trading volume and number of active contracts. Built on the Polygon blockchain, it offers users transparency and verifiable on-chain activity without the need for a central intermediary. Its platform gained significant attention during the 2024 U.S. presidential election, when market odds accurately signaled former President Donald Trump’s comeback months before major polls.Compliance, Regulation, and Market TrustThe collaboration is launching at a time when regulatory clarity in the prediction market sector remains limited. PrizePicks’ registration as a Futures Commission Merchant (FCM) with the National Futures Association (NFA) provides a major compliance advantage, enabling it to offer Commodity Futures Trading Commission (CFTC)-permitted derivatives contracts through federally regulated exchanges such as Polymarket.Polymarket’s partnership with PrizePicks is also its first large-scale integration with a consumer-facing platform since addressing compliance matters with the CFTC. Meanwhile, the company’s growth trajectory has been reinforced by a strategic investment of up to $2 billion from Intercontinental Exchange (ICE) and its acquisition of QCEX, a CFTC-licensed exchange and clearinghouse. These moves underscore Polymarket’s commitment to operating within regulatory frameworks while scaling globally.PrizePicks’ regulatory credentials continue to strengthen its reputation for responsible gaming. In 2025, it became the first fantasy sports operator to achieve iCAP accreditation from the National Council on Problem Gambling (NCPG) — a distinction that reflects its dedication to integrity, transparency, and consumer protection.Transparency Questions and Industry ImplicationsWhile Polymarket’s rise has been meteoric, it has not been without controversy. Researchers from Columbia University reported in mid-2024 that roughly 60% of Polymarket’s trading volume may have been artificially inflated through wash trading, where users buy and sell assets to simulate activity. The study identified repeated circular trading patterns that inflated liquidity and volume statistics across several markets. Polymarket did not respond to requests for comment regarding the findings.Such practices are not unique to Polymarket, as similar behavior has been detected on decentralized exchanges, particularly those operating on blockchain networks like Solana. The findings highlight ongoing challenges in balancing transparency, compliance, and authenticity in decentralized finance.Despite these concerns, industry analysts view the PrizePicks–Polymarket integration as a pivotal development. The collaboration could bring prediction markets closer to mainstream audiences by embedding them within one of the most popular fantasy sports platforms in the United States.Bridging Fantasy Gaming and BlockchainThe alliance signals a deeper convergence between traditional fantasy gaming and blockchain-powered prediction markets. As users increasingly seek interactive and transparent ways to engage with real-world events, the partnership offers a model for regulated, event-driven engagement that could shape the future of both industries.For now, both companies are positioning this move as a regulated, innovative step forward that combines the excitement of sports entertainment with the transparency of decentralized finance — marking a new era where prediction markets and fantasy sports coexist within a compliant, consumer-focused ecosystem.