New Jersey internet gambling hits record $260 million in October; Atlantic City casinos up 12.5%

New Jersey’s internet gambling revenue surged to a record of over $260 million in October, according to the latest data. Concurrently, Atlantic City’s brick-and-mortar casinos posted their strongest October results in more than a decade, state regulators said on Monday.

Figures from the New Jersey Division of Gaming Enforcement (DGE) showed online casino gaming surpassed the previous monthly high of $248 million set in August. It was also the sixth time in the past 10 months that internet gaming revenue outpaced in-person casino winnings.

Atlantic City’s nine casinos reported a collective $234.7 million in in-person gambling revenue, up 12.5% from a year earlier and the best October total since 2011. Seven of the nine casinos posted year-on-year growth, though only Hard Rock and Ocean exceeded their October 2019 pre-pandemic levels.

“Atlantic City casino operators have extended the success of the summer season with the best October monthly total brick-and-mortar gross gaming revenue since 2011,” said Jane Bokunewicz of Stockton University’s Lloyd D. Levenson Institute. She noted it was unusual for October’s physical casino revenue to exceed September’s.

Total gaming revenue across casinos, online operators, and sportsbooks reached $611 million, up 22.3% year-on-year. However, state officials and operators note that online and sports betting revenue is shared with technology partners and sportsbooks, making on-premises gambling the key performance benchmark for casinos.

Sports betting also posted a sharp rise, generating $116.1 million, nearly 50% higher than in October 2024, with a betting handle of $1.27 billion.

Year-to-date, casinos, racetracks, and their partners have won $5.74 billion, a 10% increase from the same period last year.

“Atlantic City’s in-person casino win was the highest October result in four years, marking the second-best October in 14 years,” said James Plousis, chairman of the New Jersey Casino Control Commission. He added that strong on-site experiences combined with robust online platforms were “a winning combination for the gaming industry as well as the economy of the city, the region, and the state.”

Borgata led the in-person market with $68.4 million, up 28.2%, followed by Hard Rock with $42.4 million and Ocean with $39.4 million. Golden Nugget and Resorts posted double-digit gains, while Tropicana and Bally’s saw declines.

FanDuel, partnered with Golden Nugget, was the top online performer with $60.8 million, up 26.1%, followed by DraftKings with $48.5 million and BetMGM with $33.2 million. Hard Rock Bet recorded the fastest online growth at 38.2%.