New Jersey Gaming Revenue Tops $520M in February 2026
New Jersey’s gaming industry continued its upward trajectory in February 2026, with total revenue surpassing $520 million and extending a year-long-streak of strong monthly revenue. According to figures released by regulators, the state generated $520.8 million in gaming revenue, representing a 7.4% increase year over year.
The milestone also marks the 12th consecutive month that total revenue has exceeded the $500 million threshold, underscoring the resilience of one of the most mature regulated gaming markets in the United States.
While overall growth remained solid, the underlying performance revealed a shifting landscape, with online casinos once again emerging as the dominant force behind the gains.
New Jersey Online Casinos Continue to Outpace Land-Based Gaming
Digital gaming led the market in February, with online casinos generating $251.8 million in revenue, a 21.2% increase compared to the same period last year. This strong performance marked the fifth consecutive month in which iGaming revenue surpassed $250 million.
Notably, online casinos have now outperformed land-based venues for four straight months, signaling a sustained change in player behavior. The growth of mobile and desktop gaming platforms has allowed operators to reach a wider audience, while also insulating overall market performance from external disruptions.
The surge in digital activity helped offset weaker results from physical casinos, reinforcing the role of iGaming as the primary growth engine in New Jersey’s gaming ecosystem. Industry observers point to convenience, accessibility, and an expanding library of online titles as key factors driving continued adoption among players.
Online casinos are the major drive behind New Jersey’s revenue growth in February 2026.
Land-Based Casinos and Sports Betting Face Headwinds
In contrast, Atlantic City’s nine casino properties reported $202.9 million in revenue, representing a slight 0.3% decrease year over year. Severe winter weather, including late-February snowstorms, was cited as a major factor reducing visitor traffic to the coastal resort destination.
Performance varied across operators. Borgata Hotel Casino & Spa maintained its market leadership with $53.7 million in revenue, up 7.7%, while Ocean Casino Resort posted $35.4 million, a 9.4% decrease. Meanwhile, Hard Rock Hotel & Casino Atlantic City reported a 14.2% decline, bringing in $35.9 million for the month.
Sports betting also experienced a downturn. Revenue fell to $66 million, a 10.3% decrease year over year, while total betting handle dropped 14.4% to $846.4 million.
New Jersey Casino Control Commission chairman, James Plousis, noted that the reasons behind the decline remain uncertain, though he suggested that emerging alternatives such as prediction markets, along with other market dynamics, could be influencing betting behavior.
Digital Growth Signals Long-Term Market Shift
The February results reinforce a broader trend: New Jersey’s gaming market is undergoing a structural shift toward digital platforms. With online casinos consistently delivering strong double-digit growth, they are increasingly compensating for volatility in other segments.
This shift has also helped stabilize state tax revenues, ensuring consistent performance even during periods of unfavorable weather or seasonal slowdowns in tourism.
The strength of the iGaming segment is further highlighted by high-profile wins and player engagement. A recent standout moment saw a player on Caesars Digital platforms land a $1.2 million jackpot on the MegaJackpots Cash Eruption slot, one of the largest payouts recorded on the operator’s online network.
