New Jersey Sports Betting Tops Nearly $14 Billion in Wagers for 2025

New Jersey’s sportsbooks finished 2025 with another big year of betting activity, handling almost $14 billion in wagers while sustaining steady revenue and tax contributions throughout the calendar.

According to the latest monthly reports from the New Jersey Division of Gaming Enforcement, sports betting operators in the Garden State accepted about $13.96 billion in total wagers over the course of the year. That volume helped generate roughly $1.18 billion in gross gaming revenue (GGR) — the amount operators kept after paying out winning bettors.

The state also benefitted fiscally, with sports betting activity contributing about $169 million in tax revenue in 2025. Those funds are part of a steady stream that New Jersey has seen since legalizing sports wagering, reinforcing the sector’s role as a dependable source of public revenue.

Unlike some other states that see big peaks and valleys in monthly betting activity, New Jersey’s market stayed relatively stable throughout the year. Eight months saw handle above $1 billion and five separate reporting periods posted more than $100 million in sportsbook revenue.

A breakdown of the year’s revenue mix shows that parlay bets led the way nationally, contributing over $666 million in win for sportsbooks, while traditional favorites like basketball and football added tens of millions more. Other sports and baseball also continued to make up meaningful portions of the state’s betting revenue.

Analysts say that consistency—not dramatic swings tied to promotions or regulatory changes—was the defining feature of New Jersey’s sports betting market in 2025, keeping it among the top three states in the nation for wagering volume and revenue.