The state’s sports betting market quickly became one of the largest in the country, handling over $22.6 billion in wagers and generating more than $1 billion in tax revenue in 2024. Sweepstakes casinos once offered a legal workaround thanks to the “no purchase necessary” rule, but this changed in June 2025 when Attorney General Letitia James outright banned them. A few sweepstakes continue to be available in the state, but their future is uncertain as well.
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In January 2025, Senator Joe Addabbo introduced Bill S2614 to legalize real-money online casinos. The bill proposes a high tax rate of 30.5% on casino revenue, more than doubling New Jersey’s 15%, which could impact future market growth. www.tricitynews.com At the time of writing, real-money online casino gambling is still pending legislative approval. This may be a no deposit offer available immediately upon registration, or it may require a minimum deposit. Always review the bonus terms carefully to understand the conditions and the redemption process. Similar to DraftKings, FanDuel gained popularity as a DFS platform before turning to online sports betting and casino gambling.
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