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New Jersey Hits $606M in July Gaming, Sweepstakes Ban Enforced

Editor by Editor
August 18, 2025
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New-Jersey-Sets-606M-July-Gaming-Record-Enacts-Sweeps-BanThe Division of Gaming Enforcement reported that web casinos collected $247.3 million in July, surpassing the state’s earlier report of $246.8 million set in May. This marked a 26.6% enhance compared to July 2024 and a 7.2% acquire from June. Altogether, New Jersey’s on-line sector generated $1.63 billion in the primary seven months of 2025, an enchancment of 23.3% from the prior 12 months. Since September 2024, month-to-month digital on line casino income has remained above $200 million.

Tax contributions from on-line operators added as much as $48.9 million in July alone, elevating the year-to-date determine to $256.4 million. FanDuel as soon as once more led the market with $52.1 million in July, extending its streak of incomes greater than $50 million month-to-month to 5 straight months. DraftKings was shut behind with $48.6 million, narrowing the hole between the 2 rivals in comparison with June. BetMGM adopted with $31.4 million, whereas Caesars Palace Online reached a brand new milestone at $18.7 million, representing development of 53.3% year-on-year. Hard Rock earned $13.4 million, and Fanatics Casino posted its finest end result so far with $12.4 million.

Strong Summer for Atlantic City

Physical casinos additionally delivered constructive outcomes. Land-based playing income totaled $284.1 million in July, reflecting a 4.3% enhance from the identical month in 2024. Borgata retained the highest spot with $79.9 million, adopted by Hard Rock at $55.1 million and Ocean Casino Resort with $43.1 million.

James Plousis, chairman of the New Jersey Casino Control Commission, mentioned, “Atlantic City’s solid summer season continued in July.” He famous that by way of July, in-person playing had generated $1.66 billion, one of the best efficiency since 2013.

Jane Bokunewicz, director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, additionally emphasised the energy of July’s figures, stating that casinos “started the third quarter on a high note, setting a new near-term, single-month total gross gaming revenue record with more than $577 million generated from all revenue streams, beating out last August’s $528.5 million single-month high.”

While casinos thrived, sports activities betting slowed barely, bringing in $74.8 million for July, a 6.6% decline from the earlier 12 months. Nevertheless, bettors wagered over $664 million, with the entire deal with surpassing $6.7 billion year-to-date.

Sweeps Ban and Expanded Restrictions

Alongside report income, lawmakers in Trenton superior one of many strictest items of playing laws in years. On August 15, Governor Phil Murphy signed Assembly Bill 5447, banning sweepstakes casinos and prohibiting proxy bets of $1,000 or extra.

The new statute describes sweepstakes playing as “a promotional, advertising, or marketing event, contest, or game, whether played online or in-person, in which something of value, such as a prize or prize equivalent, is awarded, either directly or indirectly through means such as a dual-currency system of payment that allows a participant to exchange the currency for a prize or prize equivalent.”

Penalties are steep, with fines of $100,000 for first-time offenders and $250,000 for repeat violations. Regulators can even search injunctions in opposition to violators. Additionally, the regulation broadens the definition of playing to cowl buying and selling or promoting something of worth related to unsure outcomes and imposes harder guidelines in opposition to rigging and insider wagering.

Not everybody has welcomed the regulation. The Social and Promotional Games Association argued that the measure “seeks to outlaw promotional sweepstakes platforms that are already legal, do not require purchase to play, and are enjoyed responsibly by millions of adults across the country.” Critics additional warned that eliminating these platforms may push members towards unregulated options.

Supporters of the invoice countered that the laws are vital to guard New Jersey’s authorized sports activities betting and on-line on line casino industries from practices that would undermine shopper belief and market equity.

Source: 

“New Jersey Sets $606M July Gaming Record, Enacts Sweeps Ban“, information.worldcasinodirectory.com, August 17, 2025.



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