The New Jersey Division of Gaming Enforcement has just released its January of 2025 revenue figures. In terms of land-based casino hotels in Atlantic City, the 9 casinos have reported a slight increase of 2.6% compared to the same month last year, and for online casino gaming, there was a substantial increase of 20.9%. But sports wagering saw a dip in revenue compared to last year, from more than $170 million in January of 2024 to only $122.2 million last January 2025.

The New Jersey Division of Gaming Enforcement, or NJDGE, has just released the gaming revenue results for January of 2025, showing a mix of gains and declines across different sectors of the industry. While brick-and-mortar casinos and internet gaming saw notable growth, sports wagering suffered a significant decline, ultimately leading to a slight dip in total gaming revenue compared to the previous year.

Casino win sees modest growth

Atlantic City's nine casino hotels collectively reported a casino win of $210.1 million for the month of January of 2025, marking a slight 2.6% increase from the $204.7 million reported in January 2024. This steady growth signals resilience in the land-based gaming sector, which continues to attract visitors despite increasing competition from online gaming platforms. The nine casinos had estimated earnings as follows: Bally's at over $9.6 million, Borgata at more than $60 million, Caesars Atlantic City at over $13.5 million, Golden Nugget at more than $10.2 million, Hard Rock Atlantic City at over $38 million, Harrah's at more than $17 million, Ocean Casino Resort at more than $35.1 million, Resorts Casino Hotel at over $10.7 million, and Tropicana at more than $15 million.

Internet gaming continues to surge

Online gaming continued its upward trajectory, with internet gaming win reaching $221.6 million, reflecting a 20.9% increase from the $183.3 million reported in January of 2024. This substantial growth demonstrates the ongoing shift toward digital gambling, with more players opting for the convenience of online platforms. The strong performance of internet gaming highlights its role as a key driver of revenue for casinos and their online partners.

Sports wagering takes a hit

Meanwhile, in contrast to the positive trends in traditional and online gaming, sports wagering gross revenue saw a sharp 28.4% decline, falling from $170.8 million in January of 2024 to only $122.2 million in January of 2025. The drop in revenue with sports betting and racetracks may well be attributed to various factors, including fewer marquee sporting events, changes in betting trends, or increased competition from neighboring states with expanding sports betting markets.

Total gaming revenue sees slight dip

Despite the growth in land-based and internet gaming, the decline in sports betting revenue contributed to an overall 0.9% decrease in the state's total gaming revenue, which amounted to $553.9 million for January of 2025. This was a slight dip from the $558.7 million recorded in January of 2024. The total gross revenue taxes collected for the month stood at $62.1 million, reinforcing the gaming industry's vital contribution to state tax revenue.

Industry outlook for the months ahead

The January 2025 gaming revenue figures reflect both challenges and opportunities for New Jersey's gambling sector. While it's certainly true that land-based casinos and online gaming platforms continue to perform well, the significant decline in sports wagering revenue raises questions about the long-term sustainability of this segment. Industry experts will be watching closely and seeing whether the dip in sports betting is a temporary fluctuation or a sign of changing consumer behavior.

For more details on the latest revenue reports, visit the New Jersey Division of Gaming Enforcement's official website at: DGE Monthly Revenue Reports.