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New Jersey reports June iGaming revenue of $230.7m

Regulation

New Jersey's iGaming sector generated $230.7m in June, up 24% year on year, according to figures reported for the state. Sports betting revenue rose 53% to $91.9m, while total gambling revenue increased 18% to $581.6m. From 1 July 2025, the state's tax on iGaming, online sports betting and fantasy sports rose to 19.75%.

Operators face a higher tax rate on iGaming, online sports betting and fantasy sports from 1 July 2025.

End-of-day close DraftKings (DKNG), USD, to 29 August 2025
Story date3 June 202529 August 2025

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