{"id":133217,"date":"2025-09-19T11:13:07","date_gmt":"2025-09-19T11:13:07","guid":{"rendered":"https:\/\/peakycasino.net\/?post_type=news&p=133217"},"modified":"2025-09-19T11:13:07","modified_gmt":"2025-09-19T11:13:07","slug":"new-jersey-reports-record-igaming-revenues","status":"publish","type":"news","link":"https:\/\/peakycasino.net\/news\/new-jersey-reports-record-igaming-revenues\/","title":{"rendered":"New Jersey Reports Record iGaming Revenues"},"content":{"rendered":"

New Jersey has announced record revenues for the iGaming industry in the latest sign that the sector is experiencing a high level of growth in the United States.<\/p>\n

Since the Supreme Court gave the green light for online gambling to become legal, states across America have been updating their laws, with New Jersey among the first.<\/p>\n

The state has therefore been at the forefront of America’s boom in iGaming with revenues shooting up as a direct result of the early uptake.<\/p>\n

According to the latest figures to have been revealed by the New Jersey Division of Gaming Enforcement, total gambling revenue during the month of August was at $642.2 million.<\/p>\n

This is up 5.9% on July this year and a massive 15.7% per cent on last August’s data.<\/p>\n

While land-based casinos take up a significant proportion of this figure, revenue in the iGaming sub-sector saw a year-on-year 25.2% spike in August.<\/p>\n

And a new record revenue was set for the month after it surpassed the July standard too.<\/p>\n

Online Slots And Poker<\/h2>\n

The majority of online gambling in the state of New Jersey remains slot games, with internet-based poker play a long way behind.<\/p>\n

Data from the New Jersey Division of Gaming Enforcement showed slots accounted for $245.7 million of all of the recorded August revenue in the state’s iGaming sector.<\/p>\n

Poker played online made up the remaining $2.6 million and while this remains a fairly small slice of the pie, this was up 10.2% when compared to last year.<\/p>\n

FanDuel and its partner Golden Nugget remain at the top of the tree, with rival DraftKings and Resorts World in second spot ahead of BetMGM and the Borgata.<\/p>\n

Caesars Palace and Tropicana Atlantic City also have places in the top five of the rankings.<\/p>\n

\"Detroit

Detroit in Michigan has become a hotbed for the iGaming industry (image: Pixabay)<\/p><\/div>\n

Sharp Spike In Michigan’s iGaming Revenues<\/h2>\n

It is not just in the state of New Jersey where iGaming revenues are increasing at a rapid rate.<\/p>\n

The Michigan Gaming Control Board (MGCB) has also reported its combined iGaming and sports betting revenues for the month of August 2025.<\/p>\n

MGCB said revenues stood at $312.5 million, which made up a 39.5% year-on-year increase.<\/p>\n

As iGaming made up $247.2 million – an increase of 39.8% – this is the majority of the revenues, while sports betting contributed just $34.2 million.<\/p>\n

The MGCB also confirmed that cease-and-desist orders were given out in mid-August against 15 unlicensed operators in the state.<\/p>\n

Sites such as 7 Bit Casino, Grande Vegas Casino and Sun Palace Casino were found by the MGCB to be in violation of the state’s Lawful Internet Gaming Act.<\/p>\n

Concern Over Illegal Operators<\/h2>\n

Michigan’s clampdown on illegal iGaming operators mirrors a wider trend seen across the US.<\/p>\n

A recent analysis<\/a> that was carried out by the American Gaming Association (AGA) found that every year, Americans wager a total $673.6 billion with illegal and unregulated operators.<\/p>\n

AGA president and chief executive Bill Miller said:<\/p>\n

“Illegal gambling operators are thriving at the expense of American consumers, siphoning billions in tax revenue from state governments, and undercutting the efforts of the legal market. It’s time for a national crackdown on the pervasive illegal market that is draining state coffers and putting people at risk.”<\/p><\/blockquote>\n

The AGA’s data found that illegal online slots and table games hit revenues of $18.6 billion, which is up by nearly 38% since 2022.<\/p>\n

It was also revealed that the proportion of players who only use legal online gambling sites dropped from 52% in 2022 down to 24% today.<\/p>\n

Source URLs<\/b>:<\/p>\n

https:\/\/www.nj.gov\/oag\/ge\/docs\/Financials\/PressRelease2025\/August2025.pdf<\/a><\/p>\n

https:\/\/www.michigan.gov\/mgcb\/news\/2025\/09\/17\/august-2025-igaming-revenue<\/a><\/p>\n","protected":false},"author":9,"featured_media":133218,"parent":0,"template":"","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"Record iGaming revenues have been revealed in New Jersey, but what does it mean for this growing 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