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Gaming Revenue Up in New Jersey in November 2025, New Record in PA

November 2025 gaming revenue is up in Pennsylvania and New JerseyPennsylvania and New Jersey both reported strong growth in gaming revenue in November 2025. The Keystone State set a new monthly record at $623.1 million. In the Garden State, the gaming revenue in November reached $636.2 million. Sports wagering and internet gaming were the two main drivers behind these numbers.

Pennsylvania’s Record-Breaking Month

The Pennsylvania Gaming Control Board released its monthly figures showing November gaming revenue of $623.1 million. This is a substantial 10.8% increase compared to the same month last year ($562 million). It’s also an all-time high for the Keystone State, surpassing the previous monthly record of $601.8 million, which was reported in May 2025. Here’s a comparison of the revenue generated by different gambling activities:

Type of Gambling Activity Revenue in November 2025 Revenue in November 2024 Change in %
Retail Slots Revenue $201,247,087 $201,507,225 -0.13%
iGaming Slots Revenue $185,358,401 $148,657,067 24.69%
Sports Wagering Revenue $98,343,744 $77,097,493 27.56%
Retail Tables Revenue $74,739,712 $77,564,017 -3.64%
iGaming Tables Revenue $55,060,378 $49,558,109 11.10%
Video Gaming Terminals Revenue $3,531,042 $3,241,393 8.94%
Fantasy Contests Revenue $2,537,037 $2,468,055 2.80%
iGaming Poker Revenue $2,274,652 $2,275,423 -0.03%

The most significant year-over-year increases are seen in sports betting (27.56%), online slots (24.69%), and table games (11.10%). These sectors have demonstrated significant growth since their legalization in 2017. In November 2025 alone, Pennsylvania generated $260.9 million in taxes from retail and online gambling.

New Jersey’s Solid Performance

According to official data from the New Jersey Division of Gaming Enforcement, the Garden State generated $636.2 million in gaming revenue in November 2025. This is a 14.2% jump from last year’s $556.9 million. Here are the figures for the different categories with YoY comparison:

Type of Gambling Activity Revenue in November 2025 Revenue in November 2024 Change in %
Retail Gaming $236.8 million $223.9 million 5.7%
iGaming $253.0 million $214.0 million 18.2%
Sports Wagering $146.3 million $119.0 million 23.0%

In New Jersey, we also see a significant YoY increase in iGaming and sports wagering (both retail and online), 18.2% and 23.0% respectively. The Garden State generated $93.4 million in total gross revenue taxes in November. Sports wagering taxes alone contributed around $20.9 million for the month. This revenue primarily supports the Casino Revenue Fund, which funds senior programs, transportation, and other initiatives.

Top Performing Operators

In Pennsylvania, Valley Forge Casino Resort topped all venues with $126.7 million in revenue, followed closely by Hollywood Casino at Penn National Race Course, which reported $107.5 million, reflecting strong performance in both retail and iGaming. Other notables included Parx Casino and Rivers Casino Philadelphia.

In New Jersey, FanDuel dominated online sports wagering and iGaming with $60.2 million, followed by DraftKings with $49.6 million and BetMGM with $30.6 million. Retail leaders, including Bally’s, Borgata, Caesars, and Golden Nugget, bolstered casino revenue.

Conclusion

To wrap up – online gambling dominated, with online segments outpacing retail in both states. We expect this trend to continue in December 2025 and throughout 2026, as online gambling booms across these states and nationwide. The expanding legalization of such activities will continue in the new year, with Wisconsin, for example, expected to vote on sports betting.

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