New Jersey online casino revenue reaches $118.7m record in July

| By Robert Fletcher
New Jersey posted a new monthly online casino record of $118.7m (£86.0m/€100.8m) in July, as the US state also recorded a significant year-on-year increase in overall gambling revenue for the month.

Total revenue for the state’s gambling market amounted to $450.6m in July, up 70.4% from $264.5m in the same month last year and also 14.7% higher than $392.8m in June this year.

New Jersey continued to feel the effect of reduced novel coronavirus (Covid-19) measures, with the relaxation of rules meaning casinos and retail sportsbooks are open, albeit with some restrictions still in place.

Casinos closed in mid-March last year and did not reopen until the start of July 2020, but the venues faced significantly more restrictions when compared to the same month this year.

Covid-19 also impacted sports betting in July 2020, with some major events having delayed or cancelled due to the pandemic. However, this year saw an almost normal calendar that included the first week of the Tokyo 2020 Olympic Games.

Read the full story on iGB North America.

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