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New Jersey Gaming Revenue Hits $520.8M as Online Growth Leads Market

New Jersey Gaming Revenue Reaches $520.8 Million in February – Online Growth Offsets Casino and Sports Betting Declines

Key Takeaways

• Total gaming revenue in New Jersey reached $520.8 million in February 2026, up 7.4% year over year.
• Internet gaming generated $251.8 million, rising 21.2% and surpassing $250 million for the fifth consecutive month.
• Land-based casino revenue declined 0.3% to $202.9 million amid winter weather disruptions.
• Sports betting revenue fell 10.3% to $66 million, with total wagers down 14.4% year over year.
• Gaming tax revenue increased to $84.4 million, more than 58% higher than February 2025.

Total Gaming Revenue Remains Above $500 Million for Twelfth Straight Month

New Jersey’s gaming industry reported $520.8 million in total revenue for February 2026, according to figures released by the New Jersey Division of Gaming Enforcement. The result represents a 7.4% increase compared with $484.8 million in February 2025.

February marked the twelfth consecutive month in which total gaming revenue in the state exceeded the $500 million threshold. The data indicates continued overall market expansion, even as performance varied across individual segments.

The latest figures show that growth was primarily driven by online gaming, which continued to expand at a faster pace than traditional land-based operations.

Internet Gaming Generates $251.8 Million and Outpaces Land-Based Casinos

Internet gaming produced $251.8 million in revenue during February, a 21.2% increase from $207.8 million in the same month last year. The segment has now exceeded $250 million for five consecutive months.

According to New Jersey Casino Control Commission Chairman James Plousis, year-to-date internet gaming revenue surpassed $500 million faster than in any previous year on record. February also marked the fourth consecutive month in which online gaming revenue exceeded revenue from traditional land-based casinos.

The gap between digital and in-person gambling widened during the month. Internet revenue surpassed brick-and-mortar casino earnings by nearly $50 million, reinforcing the structural shift toward online channels in the state’s regulated market.

Jane Bokunewicz, faculty director of Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism, noted that weather conditions likely contributed to the stronger digital performance. She stated that the same winter conditions that reduced physical casino visits may have encouraged players to shift to online platforms.

Despite the strong February performance, online revenue did not surpass the record single-month figure reported in December 2025.

Winter Conditions Weigh on Atlantic City Casino Performance

Land-based casinos in Atlantic City reported $202.9 million in revenue for February, down 0.3% from $203.5 million a year earlier. Regulators attributed part of the decline to a late-February blizzard and broader winter weather disruptions, including snow and ice across the region.

Chairman Plousis stated that severe weather impeded the region and contributed to a marginal decline in casino win for the month. Bokunewicz added that the harsher winter compared to recent years likely reduced foot traffic and in-person gambling activity.

At the property level, Borgata Hotel Casino and Spa led in-person revenue with $53.7 million, reflecting a 7.7% year-over-year increase. Hard Rock Atlantic City reported $35.9 million, down 14.2%, while Ocean Casino Resort generated $35.4 million, up 9.4%.

Slot machines accounted for $152 million of total casino revenue, while table games contributed $50 million.

Sports Betting Revenue and Handle Decline Year Over Year

In contrast to internet gaming growth, sports wagering moved lower in February. Revenue from sports betting totaled $66 million, a 10.3% decrease from $73.6 million in February 2025.

Total wagers reached $846.4 million, down 14.4% compared with $988.9 million a year earlier. The data indicates both lower betting volume and reduced operator revenue.

Bokunewicz noted that expectations of strong Super Bowl betting activity did not translate into higher returns for operators this year. She stated that both handle and revenue declined compared with the previous year. She also said it remains unclear whether emerging alternatives, such as prediction markets or other factors, played a role in the outcome.

Gaming Tax Revenue Increases by More Than 58%

Tax collections from gaming activity rose significantly in February. Total gaming taxes amounted to $84,406,413, compared with $53,325,315 in February 2025. This represents an increase of more than 58% year over year.

The rise in tax revenue reflects the overall expansion of gaming activity, particularly in the online segment, which continued to deliver double-digit growth.

Our Assessment

February 2026 data shows that New Jersey’s gaming market remained above $500 million in monthly revenue for the twelfth consecutive month, supported primarily by continued expansion in internet gaming. Online revenue not only grew at a double-digit rate but also exceeded land-based casino revenue for the fourth straight month.

At the same time, winter weather conditions coincided with a slight decline in brick-and-mortar casino performance, while sports betting revenue and wagering volume both fell year over year. Despite mixed segment results, overall gaming tax collections increased significantly, reflecting the sustained strength of the state’s regulated online market.