SectorWire
SearchRegister
MenuClose

New Jersey gambling revenue reaches $6.3bn in 2024 as in-person casino takings fall

Regulation

New Jersey’s gambling industry recorded $6.3bn in revenue in 2024, according to figures cited in the report. iGaming generated almost $2.4bn, up more than 24% year on year, while Atlantic City casinos’ on-site revenue fell 1.1% to $2.8bn. Sports betting wagers exceeded $12.7bn and operators and partners retained nearly $1.1bn after payouts.

Operators must weigh online growth against a decline in Atlantic City casinos’ in-person revenue.

Request a correction

Flag an issue

Keep reading

Regulation

Tax Relief Nebraska cites $87m five-year online betting tax estimate

Research commissioned by Tax Relief Nebraska estimates that legal online sports betting could generate just under $87m in tax revenue over five years. The study projects that about 70% of the revenue, roughly $61m, would go towards property tax credits. Tax Relief Nebraska has begun collecting signatures to seek a place for the proposal on Nebraska’s 2026 ballot.

Continue reading