New Jersey internet gambling hits record $260 million in October; Atlantic City casinos up 12.5%
Summary
New Jersey’s online casino gaming set a monthly record in October, generating just over $260 million — surpassing the prior high of $248 million in August. Atlantic City’s nine land-based casinos reported $234.7 million in in-person revenue, up 12.5% year-on-year and the best October result since 2011. Total gaming revenue across casinos, online operators and sportsbooks reached $611 million, a 22.3% increase compared with last year.
Sports betting also jumped sharply: $116.1 million in revenue with a $1.27 billion betting handle, almost 50% higher than October 2024. Year-to-date industry wins stand at $5.74 billion, a 10% rise from the prior year.
Key Points
- Online gambling in New Jersey hit a record $260m in October, beating August’s $248m peak.
- Atlantic City’s brick-and-mortar casinos earned $234.7m in October, up 12.5% year-on-year and the best October since 2011.
- Total gaming revenue (casinos, online, sportsbooks) was $611m, a 22.3% increase year-on-year.
- Sports betting revenue rose to $116.1m with a $1.27bn handle — roughly 50% higher than October 2024.
- Borgata led in-person casino wins ($68.4m, +28.2%); FanDuel (with Golden Nugget) led online at $60.8m.
- Online and sports revenue sharing with tech partners means on-site casino win remains the key benchmark for operators.
Why should I read this?
Short and punchy: online play is booming and Atlantic City’s floor traffic is back in a big way. If you care about market trends, rival operator performance or where marketing budgets should go next—this is the quick snapshot you need.
Context and relevance
This result underscores two ongoing industry trends: migration of player spend to robust online platforms, and a resilient recovery of brick-and-mortar venues when on-site experiences are strong. Sports betting growth is amplifying overall revenue, but operators still point to on-premises wins as the clearest measure of casino health because of revenue-sharing arrangements with online partners.
For investors, operators and suppliers, the figures signal healthy demand and effective omnichannel strategies — relevant ahead of peak holiday periods and planning cycles for 2026.
Author style
Punchy: This isn’t just another monthly number — it’s proof the sector’s dual strategy (big online platforms plus revived on-site experiences) is working. Worth a deeper read if you deal with gaming operations, marketing or regulatory planning.