As NJ's iGaming revenue soars to $243.9m, the Polish iGaming industry faces pressures. Discover the challenges and opportunities in this evolving market.

NJ iGaming reaches $243.9m; iGaming sector faces pressure

New Jersey’s (NJ) iGaming market achieved a revenue of $243.9 million in March 2025 despite the decline of sports betting and land-based casinos in the area. The New Jersey Department of Gaming Enforcement (NJDGE) report says that the total gambling revenue reached $546.1 million, showcasing a 3.7% increase from March 2024.

The iGaming market saw a big boost, growing by 23.7% compared to 2024. This was only the fourth month that it brought in the highest revenue for New Jersey’s gambling scene.

On the flip side, revenue from online and retail sportsbooks fell by 20.5% yearly, bringing in $71.3 million. The lack of surprise results during March Madness meant more wins for bettors, which also signals a good iGaming SEO ranking for most sites.

In total, $1.11 billion was wagered across all platforms, showing a 16.5% drop from 2024. New Jersey now has 14 online sportsbooks, down from 27 in 2018.

FanDuel led March with $23.4 million in revenue, but this was less than February’s $33.9 million. For the year, FanDuel tops the charts with $110.4 million.

DraftKings earned $19.9 million in March, about $400,000 less than the month before. BetMGM came in third with $8 million, followed by Fanatics Sportsbook at $4.4 million, Caesars at $3.2 million, and bet365 at $2.8 million.

In retail, Meadowlands led with $2 million, while Monmouth Park followed with $432,393. Overall, online betting saw $1.06 billion in wagers, and retail sportsbooks brought in $44.4 million.

Some reasons for the drop in revenue include fewer surprises in the NCAA Tournament. All four No. 1 seeds made it to the Final Four, which is a rare event since 2008.

As iGaming numbers grow, New Jersey plans to launch a new online gaming platform. Soft2Bet will debut this summer in the state, thanks to a deal with Caesars Entertainment.

Meanwhile, the state is in a legal fight with Kalshi, a prediction market, which argues that its sports contracts are lawful despite being told by NJ to stop. Soft2Bet, which has many global licenses, claims its software has increased player screen time by 400%.

Polish iGaming faces pressure due to the reform of the state monopoly

European Economic Congress (EEC) warned that Poland’s strict online gaming laws are not stopping the rise of the grey market. They urged a change from the current state monopoly to a regulated licensing system.

During the ‘Grey Zone’ panel, data showed that since the 2017 update to Poland’s Gambling Act, PLN 230 billion ($57 billion) has gone offshore to tax havens. This has cost the state PLN 5.8 billion ($1.4 billion) in lost gaming taxes.

Wojciech Szpil, the ex-chair of Totalizator Sportowy and now leader of the UN Global Compact Network Poland, stated that law enforcement has not kept pace with new tech advancements. He pointed out the challenge of taking action against operators from places like Malta, Gibraltar, or Curaçao.

He stressed that the Ministry of Finance and the National Tax Administration (KAS) hold the responsibility for oversight. As a clapback, the panellists claimed that Poland's monopoly model is old-fashioned. They noted the rise of illegal operators and the low public awareness of legal platforms with good iGaming content optimization.

‘There is only one legal online casino in Poland – Total Casino. Even a consumer who wants to play legally, without knowing that he is dealing with only one legal entity, will inadvertently start playing at illegal casinos anyway’, Piotr Palutkiewicz, vice president of the Warsaw Enterprise Institute, said.

Panellists pushed for a licensing system, already used in many EU nations. When approved, this would permit legal operators, enhance oversight, and allow platforms to cater to the diverse needs of consumers.

Despite the success of the iGaming market in certain countries, it’s evident that in some countries, iGaming is still not openly welcomed. However, many believe that it’s only a matter of time before other countries start opening doors and embrace iGaming.