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New Jersey increases gaming revenue 14.2% for November

The $636.2m of total gaming revenue reported for November was primarily generated by iGaming operations, which accounted for $253m and increased 18.2% from the prior year period.

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New Jersey increases gaming revenue 14.2% for November
Key Points
Casino win and sports wagering activity both witnessed increases in revenue for October, rising 5.7% and 23%, respectively, to $236.8m and $146.3m
Slot machines accounted for just over $169.8m of casino revenue for the period, equating to an increase of 1.3%

The New Jersey Division of Gaming Enforcement (DGE) has reported the state's total gaming revenue throughout November 2025, which managed to increase by 14.2% for a total of $636.2m. For year-to-date gaming revenue, the figure grew 10.4% to $6.38bn for November.

Across the monthly period, iGaming operations in New Jersey accounted for the majority of total gaming revenue, having generated $253m for growth of 18.2%. FanDuel led all operators with $60.2m of iGaming revenue for November 2025, equating to growth of 25.9%, while DraftKings was second with $49.6m, increasing 17.7%.

BetMGM and Borgata generated $30.6m and $20.6m of iGaming revenue, respectively, representing 11.2% growth for the MGM Resorts online vertical, but a fall of 7% for Borgata. Caesars Palace reported a November 2025 iGaming revenue of $19.3m and increased 46.5%, while Hard Rock Bet produced $13.4m and rose 36.8%.

The gaming type did witness a small 4.6% decrease in revenue stemming from peer-to-peer games for November to $2.2m, but other authorized games produced $250.8m of iGaming revenue for an 18.5% increase year-over-year.

For total casino win, operators reported $236.8m of revenue for November 2025, equating to an increase of 5.7%. Slot machines accounted for just over $169.8m of the November 2025 total and grew 1.3%, with table games finding similar success after generating $67m of revenue for 19.1% growth year-over-year.

Borgata accounted for the highest casino revenue of any property in New Jersey for November 2025, generating $72.1m and increasing 25.2%. Hard Rock Atlantic City and Ocean Casino reported November 2025 casino revenues of $45.3m and $39m, respectively, representing increases of 2.2% and 14.7%.

Harrah's Atlantic City managed to increase casino revenue by 0.1% to $18.4m for November, while Caesars and Bally's witnessed respective decreases of 24.3% and 1.5% for totals of $12.5m and $10.7m.

Resorts, Tropicana Atlantic City and Golden Nugget also reported decreases from the prior year period, falling 14%, 4.6% and 6.7%, respectively, to $12m, $15.9m and $11m.

Sports wagering in New Jersey also managed to increase revenue for November 2025, rising 23% for a total of just over $146.3m. Online activity accounted for the vast majority of November 2025 revenue with $142.5m, equating to growth of 24%, while retail betting operations fell 6% to nearly $3.9m.

FanDuel once again led all online sports betting operators with a November 2025 revenue of $61.5m, representing an increase of 24.4%. DraftKings and BetFanatics reported November 2025 sports wagering revenues of $38.3m and $11.1m, respectively, equating to growth of 7.6% and 201.6%.

BetMGM managed to increase sports wagering revenue in New Jersey by 11.4% to $10.5m, while bet365 reported a November 2025 revenue of $9m and increased 51.6%.

Casinos accounted for $2.5m of the total retail sports wagering revenue reported for November 2025, rising 20.4%, while racetracks produced an additional $1.4m but fell 32.7% from the prior year period.

Good to know

Caesars debuted its Signature Baccarat title for online casino players in New Jersey on December 11, with additional launches set to follow in markets where the operator currently offers iGaming

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