NJ Gaming Revenue March 2026: iGaming Dominates, Atlantic City Under Pressure

The March gaming revenue numbers are out for New Jersey, and they show steady constant growth across every vertical. iGaming posted its second best month on record with more than $270 million in revenue and was up more than 11% YOY, though in a state where iGaming frequently pops more than 20%, many people may be seeing a flattening of a growth curve that had looked nearly vertical for the past decade.

Strong Growth Across New Jersey’s Gaming Market

Brick and mortar casinos once again lagged their digital counterparts, but their $236 million in revenue was up 2.5% YOY as well, and one of their best overall numbers in almost ten years for March which can be volatile depending on weather down the jersey shore. When the huge spike in gas prices this past month are factored in, along with economic uncertainty, any growth needs to be seen as a positive going into the all important late spring and summer months.

Even the bookies played lucky last month, online sports betting brought in another $87 million, up nearly 23%.

FanDuel Dominates as Competitors Struggle to Keep Pace

In what has been a masterclass in pulling away from the competition, FanDuel kept it’s foot on the gas in the iGaming market, raking in over $62 million in March up 20%, while there only real competitor in the Garden state DraftKings slipped 2% to $48 million.

MGM which is partnered with Entain in BetMGM saw revenue of nearly $35 million up 10%, but their Borgata digital arm declined 6% to $21 million. BetFanatics which has seen the largest growth over the past twelve months didn’t disappoint in March growing revenue fro $5.3 million last year to $11.7 million this year, up 138%.

FanDuel and DraftKings also dominate the online sportsbook revenue, and we saw much the same story with FanDuel booking 32 million in revenue up 37%, while DraftKings came in at $22 million up only 12%. Notably, both are still behind 2025 numbers for the combined first quarter however.

Atlantic City Faces Growing Pressure from New York Expansion

There was a bit of a schism in the brick and mortar numbers. Slot revenue which makes up about 75% of the total actually declined 1% from March 2025 to $171 million. But table games play was up double digits (13.3%) to $64 million.

But those numbers don’t tell the real story either, because of the nine properties on the boardwalk, seven of them lost table games business. Resorts, not affiliated with Resorts World by the way, lost more than half their table games revenue. Golden Nugget was down 47%. But Borgata and its high end play was up 84% and Caesars a whopping 76%. 

And those numbers are likely to be far worse in April, as physical New Jersey properties finally face a reckoning with downstate gambling in New York. Resorts World in Queens which was granted one of three licenses is preparing to open some of what will soon be hundreds of live table games, just 30 minutes from downtown Manhattan. 

Some industry estimates have put potential lost revenue in the Atlantic City market at 20% or perhaps even as high as 30% once all three properties are up and running. Jim Allen, the Chairman of Hard Rock International stated just this week that should New Jersey decide to allow new casinos in North Jersey to compete for the New York market, it might eventually mean 6 of AC’s nine properties might close. 

Bally’s Atlantic City reportedly lost $2.8 million in 2025 before this new competition opened the doors, and Caesars gross operating profits declined by more than 40% last year. It remains to be seen what the one, two punch of an ascendant iGaming market which seems to be preferred by many gamblers, combined with more than $16 billion in combined new casino development in Atlantic City’s last untouched feeder market will have.

But with a slot machine in everyone's pocket in New Jersey, and the promise of quick subway ride to a glittering billion dollar gambling palace in New York that avoids hours long traffic jams , and an army of toll booths, it’s hard to see a future down the shore where we continue to see brick and mortar casino growth, no matter how tepid.