New Jersey Sports Betting
Mobile/Online Retail
State Market Snapshot
Authorized Operators
FanDuel DraftKings BetMGM Caesars Fanatics Sportsbook BetRivers bet365 Hard Rock Bet Borgata Sportsbook Golden Nugget Sportsbook Prime Sports BetParx
Market Notes
- Handle and growth: $1.24 billion wagered in October 2025, a 10.7% year-over-year increase; full-year 2025 handle reached $12.16 billion, representing a minor dip from 2024’s record $12.77 billion.
- Market split: mobile captured 95.8% of handle across 16 active online skins; 11 retail sportsbooks at casinos and racetracks accounted for the remaining 4.2%.
- Hold and tax: statewide hold was 9.39% in October ($116.1 million gross revenue); the 13% tax on online gross revenue and 8.5% on retail generated $209.1 million in sports betting state taxes for the full calendar year of 2025.
- Regulatory note: the Division of Gaming Enforcement is finalizing rules to allow same-game parlay cards on college sports, expected to launch in early 2026, while New Jersey also passed legislation explicitly prohibiting sweepstakes gaming platforms mirroring regulated markets.