Land-based operations face decline

New Jersey internet gambling surpasses brick-and-mortar casinos again in record-breaking March

2025-04-18
Reading time 1:30 min

New Jersey’s internet gambling sector has posted yet another record-breaking month, with online casino revenue outpacing earnings from traditional brick-and-mortar operations for the second consecutive time.

According to data released Wednesday by the state Division of Gaming Enforcement, internet gambling generated $243.9 million in revenue for casinos and their online partners in March, a substantial increase from $197.2 million recorded in the same month last year.

March 2025 may mark a watershed moment for the Atlantic City gaming industry. For the second consecutive month, revenue from the internet gaming sector ($244 million) has surpassed revenue from brick-and-mortar operations ($231 million),” said Jane Bokunewicz, director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at Stockton University.

While online gaming revenue soared nearly 24% year-over-year, traditional in-person casino revenue saw a decline of almost 4% over the same period, highlighting a shifting dynamic in consumer preferences.

Casino Control Commission Chairman James T. Plousis noted that March marked the seventh straight month where online gambling revenue topped $200 million.

Total gambling revenue, which includes casinos, racetracks, and their partners, reached $546.1 million in March, a 3.7% rise from $526.6 million reported in March 2024. Plousis said this represented the highest first-quarter gaming total in more than a decade.

For the year so far, total gaming revenue stood at $1.58 billion through the end of March, recording a 2.5% increase from the $1.55 billion reported during the first quarter of last year.

“Rounding out the first quarter of 2025, internet gaming led the industry at $673 million in revenue for the year-to-date compared with the $644 million realized by traditional brick-and-mortar operations in the same period,” Bokunewicz said.

She added that while the first quarter typically yields weaker results for in-person casinos due to colder weather and reduced tourism, it remains uncertain whether the trend favoring online gambling will persist into the busier spring and summer months.

However, not all segments of the industry saw gains. Sports betting revenue for casinos, racetracks, and their online affiliates declined sharply in March, falling to $71.3 million from $89.7 million the previous year, a drop of over 20%.

Monthly Internet Gross Revenue Reports

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