New Jersey Gaming Tax Revenue Hits Record $925.7 Million in FY2026, Up 42.3%
New Jersey’s gaming tax haul hit a record $925.7 million in FY2026, up 42.3% year-over-year, fueled by a mid-2025 rate hike and booming online casino growth.
New Jersey’s gaming tax haul hit a record $925.7 million in FY2026, up 42.3% year-over-year, fueled by a mid-2025 rate hike and booming online casino growth.
New Jersey lawmakers missed an Aug. 3 deadline to put a Meadowlands and Monmouth Park casino question on the November ballot, delaying the vote to 2027 at the earliest.
Atlantic City’s nine casinos have asked the CFTC to stop Kalshi, Polymarket and other prediction markets from offering sports contracts that skirt state gambling law.
New Jersey lawmakers are rallying behind bills that would make the state the first in the nation to ban fast-paced online microbetting, citing a new report on problem gambling risks.
New Jersey’s 28 online casino skins generated $271 million in June, edging out Atlantic City’s nine land-based casinos as the digital gaming gap keeps widening.
Atlantic City land-based casinos dipped 0.7% in June while New Jersey online casino revenue surged 17.5% year-over-year to $271 million, per state gaming regulators.
DraftKings has combined its poker player pools in Michigan, Pennsylvania, and New Jersey into a single shared network, boosting liquidity for online poker players.
New Jersey horseplayers now have a second online wagering option after NYRA Bets went live, ending two decades of exclusivity for FanDuel-owned TVG Network.
A proposed 9% surtax on prediction markets stalled before New Jersey’s summer recess, but lawmakers say they plan to keep refining the bill through the fall.
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The Detroit family behind Little Caesars has launched Ilitch Gaming, acquiring the remaining 50% stake in Atlantic City’s Ocean Casino Resort and purchasing Mississippi’s Scarlet Pearl Casino Resort in a sweeping expansion of its gaming portfolio.
New Jersey’s total gaming revenue hit $627.1 million in May 2026, driven by an all-time monthly record of $276.3 million in iGaming revenue even as sports betting fell nearly 17 percent.