DraftKings
New Jersey Gambling Revenue Surges in July with Online Casinos Leading Growth
The gambling sector in New Jersey experienced impressive gains in July, hitting a total gaming revenue of $606.2 million. This figure marks an increase of 10.7% compared to July 2024, highlighting continued expansion within the state’s gaming market.
Online Casinos Set New Records with $247 Million Revenue
Online casino platforms played a key role in driving this growth, generating an unprecedented $247.3 million during the month. This amount represents a more than 25% rise from the same period last year and establishes a new monthly high for internet gaming in New Jersey. So far in 2025, online casinos have accumulated $1.63 billion in revenue, a year-over-year increase exceeding 23%. Major operators such as FanDuel, DraftKings, and BetMGM have been instrumental in positioning New Jersey as the leading state for legal online gambling in the US.
FanDuel maintained its position as the top online casino, earning $52 million in July—a 38% increase from the previous year. DraftKings followed with $48.6 million, while BetMGM generated $31.4 million. Additionally, Caesars Palace Online achieved a record $18.7 million, more than 50% above last year’s equivalent month. The fierce competition among these industry leaders has sparked innovation and increased player engagement, contributing to sustained market growth.
Land-based casinos in Atlantic City also experienced a positive month, collectively bringing in $284.1 million, a 4.3% increase compared to July 2024. The Borgata remained the highest-grossing casino with nearly $80 million in revenue, while Ocean Casino Resort recorded the fastest growth at over 18%. Hard Rock Atlantic City also noted gains. However, many of the older casinos continue to lag behind their pre-pandemic results, emphasizing the growing importance of newer venues in the market.
Conversely, sports betting revenue saw a decline. Earnings from bets placed at casinos, racetracks, and online platforms totaled $74.8 million in July, reflecting a 6.6% decrease year-over-year. The total amount wagered reached $664 million for the month, bringing the cumulative sports betting revenue for 2025 to $626.8 million—approximately 4% lower than last year’s figures.
Record-Breaking Year-to-Date Revenue and Tax Contributions
Despite the downturn in sports betting, New Jersey’s overall gambling industry has achieved record-breaking performance during the first seven months of 2025. Combined revenue from all gaming categories reached $3.92 billion, marking the highest year-to-date total on record for the state. In July alone, gambling-related tax revenues amounted to $81.7 million, contributing to a year-to-date total of $446.1 million to New Jersey’s fiscal resources.
The post New Jersey Gambling Revenue Surges in July with Online Casinos Leading Growth appeared first on Gaming and Gambling Industry in the Americas.
2026 FIFA World Cup
Americans Expected to Bet More Than $3B on the 2026 FIFA World Cup
A new report by Sweeps Pulse estimates American bettors will place total bets amounting to about $3.1 billion on the 2026 FIFA World Cup. This represents the most extensive single sport betting event ever conducted inside the US. The estimate also exceeds the $1.8 billion projected amount for wagers placed on the Super Bowl in 2024. Both amounts represent growth in the legal sports betting market. The 2026 football competition will be held in the US, Canada and Mexico.
Projected Betting Breakdown (2026 FIFA World Cup)
• $1.6 billion via licensed U.S. sportsbook apps
• $920 million via offshore and unlicensed platforms
• $380 million via retail sportsbook locations
• $200 million via sweepstakes and social sports formats
Why This Tournament is Different
There have been no previous World Cups where there is serious U.S. betting volume. This is due to the mobile sports betting being non existent in the U.S. for a large part of the time leading up to the 2022 FIFA World Cup in Qatar. There is now a huge difference when it comes to how mature (and big) the market is in 2026; all major players in the space are already established; they each have their own significant budgets to promote their brand(s); and users have developed four years worth of habits using the NFL, NBA, and College Sports to bet on games.
Another fact is that many of the 2026 World Cup games will be held in cities like New York, Los Angeles, Dallas, and Miami will generate much more local involvement.
The Mobile Factor
In terms of placement (mobile apps) it is estimated that 68% of all World Cup bets will be made using mobile apps. This is compared to an estimate of 41% of all bets taken in the 2018 World Cup. The sportsbooks have committed to spending an estimated $400 million on promotions related to the World Cup. These promotions include but are not limited to; Deposit Matches, Odds Boosts, Free-Bets, and other promotions targeting new soccer bettors.
Key mobile betting statistics:
• Average user session time per game is 23 minutes during major soccer events. Major soccer events average 38% longer than NFL regular season games.
• There is an expectation that live in-game betting will make up 44% of the total World Cup wagered amount.
• FanDuel and DraftKings are expected to take approximately 58% of the licensed app volumes.
The Soccer Audience is Younger and Growing
There are many factors that contribute to an increase in betting at this time. One major factor contributing to the surge in bets at this time is demographics. The data collected from surveys shows that 61% of Gen Z sports bettors have soccer as one of their top 3 wagering sports, while only 29% of bettors who are over 50 years old identify soccer as one of their top 3 wagering sports. This trend demonstrates how the demographics of the sports-betting population are changing.
The post Americans Expected to Bet More Than $3B on the 2026 FIFA World Cup appeared first on Americas iGaming & Sports Betting News.
Canada
DraftKings Announces Intent to Launch Online Sportsbook and Casino in Alberta, Canada
DraftKings announced its intent to launch its online sports betting and casino products in Alberta, Canada, pending licensure and regulatory approval. If granted approval, DraftKings Sportsbook and Casino intends to be available on the province’s anticipated universal launch date of July 13, 2026, as set by the AGLC.
“We’re excited about the opportunity to expand DraftKings’ footprint in Canada and bring our online sportsbook and casino experiences to customers in Alberta. With the anticipated launch aligning with the World Cup — hosted right here in North America — it’s a particularly exciting moment for sports fans in the province to engage with our platform,” said Greg Karamitis, Executive Vice President and General Manager of Sports at DraftKings.
Alberta would represent the second province in Canada where DraftKings operates mobile sports betting and casino products, alongside Ontario. It would also mark the 34th jurisdiction in North America where DraftKings offers online sports betting, and seventh with online casino.
Eligible Alberta residents can pre-register for DraftKings Sportsbook and Casino ahead of the expected launch.
The post DraftKings Announces Intent to Launch Online Sportsbook and Casino in Alberta, Canada appeared first on Americas iGaming & Sports Betting News.
DraftKings
DraftKings Launches Online Sportsbook in Puerto Rico
DraftKings has launched its online sportsbook in Puerto Rico, further expanding DraftKings top-rated product to sports fans across the island. DraftKings’ online sportsbook is available to Puerto Rico residents beginning February 23, 2026, following the recent opening of the DraftKings retail sportsbook at Foxwoods El San Juan Casino in November.
DraftKings’ online sportsbook is currently only available to residents of Puerto Rico. Eligible new customers must register in person at Foxwoods El San Juan Casino before accessing the online sportsbook. Once registration is completed on-site, local customers will have full access to DraftKings’ online sportsbook features, including same-game parlays, in-game wagering, and special odds boosts, across a wide range of sporting events and leagues such as MLB, NFL, NBA, and more.
Non-residents are not currently eligible to access DraftKings’ online sportsbook in Puerto Rico. However, visitors may place wagers in person at the DraftKings retail sportsbook located at Foxwoods El San Juan Casino.
“Puerto Rico has a passionate sports community and launching our online sportsbook allows us to meet fans where they are. With retail already live at Foxwoods El San Juan Casino, mobile represents the next step in expanding the DraftKings experience across the island—giving eligible local customers a seamless, exciting, and responsible way to engage with sports,” said Gregory Karamitis, DraftKings Executive Vice President and General Manager of Sports.
Responsible gaming remains a shared priority for DraftKings, the Mashantucket Pequot Tribal Nation, and Foxwoods El San Juan Casino. DraftKings offers a comprehensive suite of responsible gaming tools, including My Budget Builder and My Stat Sheet, available through the DraftKings Responsible Gaming Center to help customers play responsibly.
The post DraftKings Launches Online Sportsbook in Puerto Rico appeared first on Americas iGaming & Sports Betting News.
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