New Jersey Online Casino Revenue Outpaces Atlantic City for 10th Straight Month

New Jersey’s online casinos outearned Atlantic City’s brick-and-mortar properties for the 10th consecutive month in June, widening a gap that has become one of the defining storylines in the state’s gaming market. The state’s 28 active online casino skins combined for $271 million in gaming revenue, up 17.5% from June 2025, edging out the $257.3 million produced by Atlantic City’s nine land-based casinos, where revenue slipped 0.7% year over year.

The margin, roughly 5.4% in favor of digital gaming, may look modest on paper, but it reflects a trend that has now held steady for nearly a full year. Online revenue was also just $5 million shy of the record set in May, underscoring how quickly internet casino play has become the dominant force in New Jersey’s regulated gambling market.

Tax Revenue Tells the Same Story

The disparity extends beyond gross gaming revenue and into tax collections. Online gaming generated $60.4 million in state taxes during June, roughly double the combined haul from land-based casinos ($18.9 million) and sports betting ($12.4 million). New Jersey collected $91.7 million in total gaming taxes for the month, with internet casinos now functioning as the primary engine of that revenue stream.

Year to date, the divide has only grown more pronounced. Through the first half of 2026, Atlantic City casino revenue is up just 2.3%, while internet gaming revenue has surged 15% over the same span.

FanDuel and DraftKings Lead a Crowded Field

FanDuel Casino, which operates through its skin partnership with Golden Nugget, remained New Jersey’s largest online operator by a wide margin, posting $62.5 million in June revenue, up 17.2% year over year. DraftKings Casino, partnered with Resorts, finished second at $47.1 million, an 8% increase, while BetMGM climbed 17.3% to $35.4 million.

Several other brands posted double-digit growth. Borgata’s online skin brought in $21.1 million, up 5.6%, and Hard Rock Bet jumped 38.8% to $18.7 million. Caesars Palace was a rare decliner among the major skins, dipping 0.7% to $17.6 million. The standout performer, though, was BetFanatics, which rocketed 276.9% higher to $13.7 million, while BetRivers climbed 41.6% to $10.9 million.

A Mixed Picture on the Boardwalk

Performance among Atlantic City’s physical casinos was far less uniform. Five properties posted year-over-year declines, including market leader Borgata, where casino-floor revenue fell 5.9% to $72.2 million — a drop of more than $4.5 million from June 2025. Hard Rock held on to second place with $46.2 million, up a modest 0.9%, and Ocean was third at $43.5 million, down 0.2%.

Bally’s revenue fell 7.7%, Golden Nugget dropped 10.3%, and Resorts declined 9.1%. Caesars Entertainment’s three Atlantic City properties bucked the trend, with Harrah’s up 15.7%, Tropicana up 8.5%, and Caesars itself up 8.1%. Slot machine revenue rose 1.7% to $186 million statewide, while table games slipped 6.4% to $71.3 million.

Despite the softness among individual properties, New Jersey Casino Control Commission Chair James Plousis noted the bigger picture remains strong, pointing out that the $257.3 million in Atlantic City casino revenue marked the city’s second-highest June total in 14 years. “Through the first half of 2026, casino win eclipsed $1.4 billion faster than any year since 2012, and with the help of statewide online gaming and sports wagering, total gaming revenue reached $3.5 billion sooner than any other year,” Plousis said.

Sports Betting Takes a Hit, New Competition Looms

While online casino play continues to climb, New Jersey’s sportsbooks had a rough June. Sportsbook revenue came in at roughly $57.2-57.3 million, a 37.7% year-over-year decrease and a swing of $34.6 million, even as total wagering volume rose 16% for the month. The hold rate fell to just 6.2%, well below the 8.9% year-to-date average, a result tied largely to the New York Knicks’ NBA championship run, which similarly squeezed sportsbook margins across the river in New York. For the first half of 2026, betting handle is down nearly 10%, and sportsbook revenue has totaled $917.2 million, off 7.1% from the same period last year.

The revenue split also arrives at a pivotal moment for Atlantic City. The city’s casinos have poured nearly $200 million into renovations and property upgrades over the past year to prepare for the 2026 summer tourist season, investments that have yet to translate into stronger gaming numbers during peak months. Those upgrades take on added urgency with three New York City casinos — two planned for Queens and one for the Bronx — expected to open with slot machines and live-dealer table games, setting up new competition for the North Jersey and downstate New York customers Atlantic City has long relied on. Bettors weighing where to play can compare current welcome offers through the Online Casino Promotions hub while the market continues to shift toward digital play.