New Jersey’s gambling industry experienced a slight revenue decline in January 2025, reaching $553.9 million, a decrease of 0.9% compared to the previous year. While online gambling revenue increased by 20.9%, sports betting revenue dropped by 28.4%. Additionally, lawmakers are considering changes to penalties for underage gambling.
Gambling Revenues in New Jersey in January 2025
According to the latest figures from the New Jersey Division of Gaming Enforcement, the state’s total gambling revenue amounted to $553.9 million, reflecting a 0.9% decline compared to January 2024.
Casino Revenue Sees a Modest Increase
The nine land-based casinos in Atlantic City generated $210.1 million, marking a 2.6% increase from the previous year. This included:
– $145.4 million from slot machines
– $64.6 million from table games
– $118.5 million from online sports betting
– $3.6 million from retail sportsbooks
Tax Revenue from Gambling
Total tax revenue from the gambling sector in January 2025 amounted to $62.1 million.
Proposed Legal Changes for Underage Gambling
New Jersey lawmakers are considering changes to penalties for illegal gambling by individuals under 21. Instead of criminal consequences, civil fines would be imposed:
– First offense: $500
– Second offense: $1,000
– Further offenses: $2,000
Revenue from these fines would be allocated to programs for gambling addiction prevention and treatment.
Our Assessment
New Jersey’s gambling industry presents mixed trends. While online gambling continues to grow, the decline in sports betting is notable. The proposed legal change for underage gambling could be an important step toward responsible gaming. It remains to be seen how these trends will develop in the coming months.
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