Covid-19 closures continue to hit NJ revenue in May

Enforced casino closures and the suspension of sporting events due to the novel coronavirus (Covid-19) pandemic led to a further year-on-year drop in gambling revenue in the state of New Jersey during May.

Total gaming revenue for the month amounted to $95.9m (£76.5m/€85.2m), down by 65.4% from $276.8m in May 2019, but up 15.7% from $82.9m in April this year.

All brick-and-mortar casinos and sportsbooks remain temporarily closed in New Jersey, in line with state orders to combat the spread of Covid-19. New Jersey has been one of the hardest-hit states in the US, reporting 169,441 positive cases and 12,733 related deaths, at the time of writing.

As such, and as was the case in April, casinos remained closed throughout the month and generated no income, having generated revenue of $222.9m in May 2019.

Read the full story on iGB North America.