New Jersey casino revenue explodes 326.4% year-over-year in April

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Total market revenue for the current month experienced a substantial increase compared to the same month last year, despite the adverse effects of Covid-19 shutdowns in April 2020.

Here is a table summarizing the revenue data:

Month Revenue
April 2020 $XXX
April 2021 $XXX

In April 2020, the Covid-19 pandemic led to the closure of land-based casinos, sportsbooks, and gaming halls, significantly impacting the availability of sports betting options due to the cancellation or postponement of most sports events.

In terms of finance, there was a 2.0% decrease in revenue on a month-on-month basis compared to March this year. In March, the revenue generated was $359.3 million.

Analyzing the financial performance of different segments, the revenue from sports betting exhibited a remarkable year-on-year surge of 1,892.3%, amounting to $51.8 million.

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Henri Welsh is a seasoned writer with a deep passion for the world of gambling and online gaming. With over a decade of experience in the industry, Henri has cultivated an extensive knowledge of casinos, sports betting, poker, and the rapidly evolving landscape of online gambling. His writing is marked by a keen analytical eye and a talent for breaking down complex topics into engaging, accessible content. Henri's articles provide readers with insightful strategies, industry trends, and in-depth reviews, helping both novices and seasoned players make informed decisions.
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