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New Jersey online casinos post $235.2m in April revenue

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New Jersey online casinos generated $235.2 million in adjusted gross gaming revenue in April 2025, reportedly up 25.2% year on year. Atlantic City casinos recorded $211.0 million, down 2.7%, leaving online revenue $24.2 million higher.

Online casino revenue exceeded Atlantic City’s retail revenue, highlighting a competitive shift between sectors.

End-of-day close DraftKings (DKNG), USD, to 3 July 2025
Story date7 April 20253 July 2025

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Pentagon restricts military prediction market trading as Congress widens VIP inquiry

The Pentagon issued a directive barring military personnel from trading on prediction markets using nonpublic information. Defence Secretary Pete Hegseth warned that such trades could compromise national security and expose service members to disciplinary action or prosecution. Lawmakers also sent letters to BetMGM, Caesars, DraftKings, Fanatics, Kalshi and Polymarket expanding an inquiry into VIP programmes.

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