New Jersey’s casino licensees posted steady gains for the quarter ending June 30, 2025, with both net revenue and gross operating profit on the rise. Net revenue for the quarter estimated at $837.2 million, up 0.9% year-on-year, and gross operating profit went up 3.3% to $184.3 million. However, looking at the bigger picture, net revenue
New Jersey’s casino licensees posted steady gains for the quarter ending June 30, 2025, with both net revenue and gross operating profit on the rise.
Net revenue for the quarter estimated at $837.2 million, up 0.9% year-on-year, and gross operating profit went up 3.3% to $184.3 million.
However, looking at the bigger picture, net revenue for the first half of the year totaled $1.57 billion, which is down 2% compared with the same period last year, and gross operating profit came in at $320.7 million, with a 3.9% decline.
Hotel occupancy had the same picture. Averaged 72.6% for the Q2 2025, it fell 0.7% year-on-year, while for the six-month period it stood at 67.8%, a decrease of 1.3%.