NJ Sports Betting Revenue
Monthly handle, gross revenue, and state tax data from the NJ Division of Gaming Enforcement (DGE). The DGE publishes operator-level data on the second Wednesday of each month.
Recent Monthly Reports
| Month | Total Handle | Gross Revenue | State Tax |
|---|---|---|---|
| June 2026 | $0.92B | $57M | $12M |
| May 2026 | $0.91B | $85M | $18M |
| April 2026 | $0.93B | $102M | $21M |
| March 2026 | $1.01B | $88M | $13M |
| February 2026 | $0.85B | $66M | $9M |
| January 2026 | $1.03B | $115M | $16M |
| December 2025 | $1.18B | $165M | $18M |
| November 2025 | $1.28B | $146M | $16M |
Key Definitions
- Handle: Total dollars wagered. Sometimes called total volume or gross wagering. Counts every dollar bet, not net.
- Gross Revenue: Handle minus winnings paid to bettors. The operator's gross receipts before tax.
- State Tax: NJ collects 19.75% on online sports betting gross revenue (since July 1, 2025) and 9.75% on retail. Casino-partnered operators also pay a 1.25% CRDA surcharge.
- Hold percentage: Gross revenue รท handle. Typically 8-12% for NJ books across a year.
NJ vs Other US Markets
NJ is consistently among the top three US sports betting markets behind New York and Illinois. The mature market reflects NJ's first-mover status (June 2018), high mobile penetration, and proximity to NYC, Philly, and DC commuter populations.
- New York: Largest US market by handle but a 51% online tax rate caps operator margins.
- Illinois: Recently overtook NJ in some monthly periods. Graduated tax rate up to 40%.
- Pennsylvania: Larger handle than NJ but a 36% tax rate.
- Massachusetts: Newer market; 20% tax rate. Catching up rapidly.
The 2025 Tax Increase
The NJ FY2026 budget signed June 30, 2025 raised the online sports betting tax from 13% to 19.75% (a 52% jump in tax rate). Casino-partnered operators pay an effective 21% with the CRDA surcharge.
A year into the new rate, operators have absorbed most of the increase through reduced promotional spend rather than passing it to bettors via worse pricing. Year-to-date sports wagering gross revenue reached $455.7 million through May 2026, essentially flat (down 1.0%) versus the same period last year.
Where to Find Official Data
Monthly reports are published by the New Jersey Division of Gaming Enforcement at nj.gov/oag/ge. The DGE breaks down handle and revenue by operator and by retail vs online.
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