Home » DraftKings and FanDuel Lead the Way as NJ Online Casinos Post Second-Best Month Ever

DraftKings and FanDuel Lead the Way as NJ Online Casinos Post Second-Best Month Ever

The New Jersey online casino revenue figures are in. While they didn’t exceed March’s $197.2 million, they still notched $187.9 million, representing the second-highest monthly total in New Jersey online casino history. 

The $187.9 million, in addition to being the second-highest, also represented a year-over-year increase of 18.2%. 

Now, through four months, New Jersey has generated more than three-quarters of a billion dollars, with $750.7 million. These figures are already ahead by 21.2% compared to last year’s mark, which generated $1.92 billion. 

The $1.92 billion in 2023 is the single-year record, breaking 2022’s mark of $1.66 billion.

New Jersey is on pace for well over $2.2 billion at this rate. 

Additionally, the state collected nearly $113 million in taxes, and in April, it got $28.3 million. 

In New Jersey, the various gaming venues are taxed differently: 

  • Retail casinos (8%)
  • Online sports betting (13%)
  • Retail sports betting (8%)
  • Online casino play (15%)

Here are the Top Licensees

Looking at the numbers, Golden Nugget Atlantic City was the top licensee at more than $53 million. 

Licensee  Revenue
Golden Nugget Atlantic City $53,104,373
Resorts Digital $47,512,229
Borgata $44,148,869
Tropicana Atlantic City $15,732,066
Hard Rock Atlantic City $10,241,852
Bally’s Atlantic City $8,234,420
Ocean $6,707,774
Harrah’s Atlantic City $1,584,574
Caesars Interactive $612,910

Caesars Interactive came in last and was the only licensee to fail to meet $1 million. 

Online Gambling Revenue Performance

Leading the way for individual skins was DraftKings, with $39,238,978. Just behind them was FanDuel with $39,063,216. 

Here’s a look at how all online casinos in the state performed: 

Online Casino Revenue
DraftKings $39,238,978
FanDuel $39,063,216
BetMGM $23,184,189
Borgata $17,594,111
Caesars Palace $11,350,554
Hard Rock Bet $8,881,657
BetRivers $6,874,855
Golden Nugget $6,711,779
Bally $5,782,576
ESPN Bet $3,324,547
PlayStar $2,357,442
Tropicana $2,318,071
Resorts $2,214,128
Ocean $2,171,438
PartyPoker $1,868,784
Virgin $1,696,962
Jackpocket $1,584,574
PokerStars $1,545,396
Bet365 $1,366,337
Mohegan Sun $1,189,180
Harrah’s $1,133,605
Tipico $1,123,232
Parx $1,055,662
Pala/Stardust $950,919
WSOP $929,836
PointsBet $754,882
888 $612,910
Wheel of Fortune $550,866
Betway $429,175
Jackpot City $25,348
Unibet -$6,142

Of course, Unibet is withdrawing from the United States, so it’s no surprise to see them losing more than $6,000. Jackpot City, a newer online casino, was the next lowest figure, bringing in just over $25,000. 

DraftKings and FanDuel contributed nearly 42% of the state’s revenue. This was nearly more than the next seven online casinos combined. 

Five other online casinos, including BetMGM, Borgata, and Caesars Palace, had revenue in the eight digits. 

Updated by
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Richard Janvrin

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