The market for New Jersey online slots and internet table games reached an all-time monthly revenue record during May. Figures released by the New Jersey Division of Gaming Enforcement show that internet gambling revenue rose nearly twelve percent year-over-year to two hundred seventy-six point three million dollars, surpassing the previous record of two hundred seventy-three point two million dollars established in December. This surge in digital platforms highlights the growing consumer preference for New Jersey online slots over traditional physical alternatives.
This surge in digital platforms comes at a time when traditional brick-and-mortar operations face stagnant growth. In-person gambling revenue at the nine physical casinos in Atlantic City increased by just zero point one percent compared to the same period last year. The contrasting results underscore how vital digital options like New Jersey online slots have become to the overall financial health of the regional gambling sector.
When combining land-based casinos, internet gambling, and sports wagering, the total gambling revenue for the state reached six hundred twenty-seven point one million dollars in May, representing a two percent increase from last year. Over the first five months of the year, internet gambling revenue accumulated to one point three billion dollars, marking the fastest pace on record for the digital wagering sector, heavily driven by the popularity of New Jersey online slots.
Within the physical properties, slot machines saw a small revenue increase of one point eight percent, while physical table games dropped by six point one percent. Industry experts suggest the drop in land-based table action might stem from heightened out-of-state competition, pointing to a nearby casino launch in New York. This shifts even more legislative focus onto maintaining the strength of New Jersey online slots to preserve state tax collections.
The digital marketplace continues to see intense competition among major operating brands offering New Jersey online slots to regional consumers. In the online gambling sphere, FanDuel, operating through its partnership with Golden Nugget Atlantic City, led the state market by generating sixty-four million dollars in revenue, which marked a seventeen point six percent increase year-over-year. DraftKings, partnered with Resorts Casino Hotel, followed with nearly forty-seven million dollars, while BetMGM captured thirty-four point five million dollars.
State gaming officials remain optimistic that the high digital engagement, alongside stable land-based numbers heading into the warmer months, will serve as a strong springboard for the summer tourism season. Total gaming taxes collected by the state reached eighty-seven point four million dollars for the month, bringing the five-month total to over four hundred nineteen million dollars as internet betting platforms continue to expand.
