Listen to this article

The basics:

• Atlantic City gaming revenue reached $606.2M in July 2025
• Internet gaming hit record $247.3M — up 26.6% year-over-year
• Casino win rose 4.3% to $284.1M, led by Borgata
• Year-to-date NJ gaming revenue nears $4B

“Atlantic City’s solid summer season continued in July,” said New Jersey Casino Control Commission Chairman James Plousis.

And July certainly was a banner month, according to the gaming report released by the Division of Gaming Enforcement Aug. 15.

Key topline figures year-over-year trend:

• Casino win for the nine properties $284.1 million up 4.3%
• Internet gaming win $247.3 million up 26.6%
• Total gaming revenue for casinos, racetracks, and their partners $606.2 million up 10.7%
• Sports wagering gross revenue $74.8 million down 6.6%
• Sports wagering handle total handle $664 million
• Top performing properties for total casino win
  • Borgata – $79.9 million up 5.2%
  • Hard Rock – $55.1 million up 0.8%
  • Ocean Casino – $43.1 million up 18.2%

While online gaming win set a monthly record, Plousis noted in-person casino win surpassed internet gaming for the third-consecutive month in his analysis of the gaming report. “New Jersey’s total gaming revenue surpassed $600 million in one month for the second time this year,” Plousis said.

New record

Jane Bokunewicz is faculty director of the Lloyd D. Levenson Institute of Gaming, Hospitality, and Tourism (LIGHT), Stockton University School of Business. She said the casino operators started the third quarter on a high note – setting a new near-term, single-month, total gross gaming revenue record.

“Internet gaming revenue continues to be a major contributor, setting its own new single-month revenue record, $247.3 million – outpacing the prior record of $246.8 million set this past May,” said Bokunewicz. “Not to be left out, July 2025 brick-and-mortar gaming revenues of $284 million exceeded July 2024 by 4.3% – turning in the best single-month revenue for the year to date.

“These positive results in brick-and-mortar revenue suggest that, even with record growth in internet gaming, visitors still enjoy the full resort experience of in-person gaming. This is especially true in the summer months when it is hard to compete with all that Atlantic City’s beach and Boardwalk have to offer.”

$1.1B in upgrades

On that note, Plousis noted the investments made by the casino operators.

“Over the past four years, Atlantic City’s casino hotels have invested more than $1.1 billion improving their properties to provide a world-class experience for visitors,” he said. “Those investments have helped Atlantic City reinvent itself as a destination, with a robust diversity of gaming, leisure, dining, and entertainment options that cater to every taste.”

The report also showed strong year to date trends.

“As for the year-to-date, Atlantic City’s land-based operations have realized $1.66 billion in total gross gaming revenue – outpacing the same period in 2024 by 2.2% and comparing favorably to recent years,” Bokunewicz explained.

These positive results in brick-and-mortar revenue suggest that, even with record growth in internet gaming, visitors still enjoy the full resort experience of in-person gaming.
– Jane Bokunewicz, faculty director, LIGHT, Stockton University

Solid footing

Plousis noted, “Atlantic City’s year-to-date casino win strengthened, marking the highest result at this point of the year since 2013. New Jersey’s year-to-date total gaming revenue approached $4 billion in July, an impressive figure achieved faster compared to every other year.”

“If this trend continues, we can expect to see both brick-and-mortar and total gross gaming revenues improve on 2024 by year-end,” said Bokunewicz. “Whether this will translate to gross operating profits (a measure of industry profitability) is another question.”

Bill Pascrell III, partner at PPAG, said July’s results reinforce the strength and adaptability of New Jersey’s gaming industry.

“A more than 26% jump in iGaming shows just how deeply digital innovation resonates with today’s consumers, and brick-and-mortar casinos continue to show strong year-over-year gains,” Pascrell told NJBIZ. “I’m optimistic that New Jersey online gaming will continue to grow and provide value to our state, but we must pay attention to the recent online gaming tax increase and make sure it doesn’t create burdens that could slow this progress.

“Gaming revenue climbed more than 10% in July and nearly 9% year to date, which is a clear sign that the industry is on solid footing. If we continue to lean into innovation, protect the consumer, and maintain fair policies, New Jersey will remain the nation’s gold standard for gaming.”