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New York sports betting revenue more than doubles in August

News

New York’s four commercial casinos have reported revenue of $783,896 for August, with the market benefitting significantly from the launch of legal wagering at del Lago Resort & Casino and Resorts World Catskills.

The size of the market doubled in August with the launch of betting at del Lago and Resorts, and accordingly market revenue more than doubled month-on-month, figures from the New York State Gaming Commission show.

August also included the first full-month contributions from Rush Street’s Schenectady-based Rivers Casino, and the FanDuel-partnered Tioga Downs. 

Rivers, which is the closest sportsbook to the neighbouring states of Massachusetts, Connecticut and Vermont, continues to lead the market, with revenue up 51.3% from July to $445,291. 

Tioga Downs, also saw revenue grow, but from a lower base, with its $87,774 total representing a 59.0% month-on-month improvement. 

Of the newcomers, del Lago made the biggest splash. While it only launched legal wagering on 23 August, it generated $182,950 to the end of the month. The casino, located between Syracuse and Rochester in Seneca County, has launched a DraftKings-branded sportsbook. 

Resorts World Catskills, on the other hand, contributed the least, with revenue reaching $67,881 for August. However, the casino’s sportsbook, powered by International Game Technology and Betgenius, only went live late in the month, with its inaugural event held on 5 September.

The revenue figures do not include contributions from New York’s tribal casinos, with the Oneida Nation launching legal wagering at three of its properties in the state to date. 

Working with Caesars Entertainment, the tribe opened SG Digital-powered sportsbooks at its Turning Stone Resort and Casino and Point Place Casino from 1 August. A third, at the Yellow Brick Road Casino – reportedly the biggest sportsbook in the state – launched on 4 September.