New Jersey Online Casino Revenue Reaches a Record-Breaking $214 Million in November

The Garden State is one of the strongest for our best sports betting sites month in and out, and recent reports show that its real-money online casino market is flourishing as well. 

According to a New Jersey Division of Gaming Enforcement , New Jersey online casinos broke the single-month revenue record in November 2024. NJ online casino operators generated revenues of $214 million, a 24.7% increase year over year, narrowly eclipsing the previous record set the previous month. 

The record-breaking revenues brought the year-to-date total for 2024 up to $2.16 billion, an increase of 23.8% compared to the same point in 2023, when NJ online casinos only brought in $1.74 billion. The November revenue haul accounts for almost 10% of the year-to-date total.

Overall, November was more positive in New Jersey than October, thanks to stronger performance in gaming sectors other than online casinos. New Jersey sports betting revenues fell 16% year-on-year in October, while land-based casino revenue fell 8.5%. However, both those figures grew month-on-month and year-on-year in November. 

DraftKings and FanDuel lead the way for online revenues

While DraftKings and FanDuel started as Daily Fantasy Sports (DFS) operations, both operators have become market leaders across all types of gambling, including online casino gambling. Through its licensing agreement with Golden Nugget Atlantic City, FanDuel generated the most significant casino revenues of any online operator, bringing in almost $48 million in November. 

DraftKings wasn’t far behind as one of five digital skins for Resorts Casino Hotel, the online casino collected $42 million in revenues. FanDuel and DraftKings combined to collect around 42% of New Jersey’s online casino revenues in November.

No other NJ online casino generated revenues above $30 million, with online Borgata and BetMGM hitting the $20 million mark, generating $22.2 million and $27.5 million, respectively. 

It was the same story for online sports betting. State-wide New Jersey sports betting revenues increased by 24.1% year-on-year to $119 million, with FanDuel and DraftKings accounting for around 71% of sports betting revenues.

However, the competition between the two brands is nowhere near as close for online sports betting. DraftKings, the first online sportsbook to launch outside of Nevada when it launched in NJ in 2018, generated sports betting revenues of $35.6 million. Meanwhile, FanDuel revenues hit almost $50 million. No other sportsbook generated more than $10 million, with BetMGM bringing in almost $9.4 million. It was a good month for New Jersey sports betting apps.

With such fierce competition it's not shocking to see they all offer impressive NJ online casino no-deposit bonuses and New Jersey sportsbook promos.

Retail casino revenues also grow

New Jersey is famous for its land-based casinos, with Atlantic City embracing gambling to reinvigorate its economy decades ago. Despite the industry operating for so long, it’s still going strong, with the nine casino properties collecting $223.9 million in revenue in November 2024. Those revenues grew 4.2% compared to last November.

However, a strong November wasn’t enough to offset a year-long slide, with year-to-date revenues of $2.59 billion still 1.1% lower than the same point last year. 

Borgata Hotel Casino & Spa generated the most NJ casino revenue, bringing in almost $57.6 million in November 2024. That’s over 25% of the total revenue. Hard Rock Atlantic City generated $44.3 million, Ocean Casino Resort Atlantic City $34 million, and Harrah’s Atlantic City almost $18.4 million.