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NY sports betting revenue falls 38.5% following September relaunch

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New York’s four commercial casinos generated sports betting revenue of $1.4m after reopening on September 9, once the state’s novel coronavirus (Covid-19) lockdown measures were eased.

The total for the 22 days to 30 September represents a 38.5% decline from the sports betting revenue of $2.3m posted for the full month in 2019. 

However, this represented a significant improvement on the $99,514 in revenue posted in March – though that monthly total only covered 16 days before the casinos were forced to shut because of the pandemic.

Looking at performance from September 9, the date from which New York Governor Andrew Cuomo gave the operators the green light to welcome back customers, Rush Street’s Rivers Casino and Resort in Schenectady led the market. It generated revenue of $623,587 for the month, a 31.0% year-on-year decline. 

Coming in second was the del Lago Resort and Casino, which hosts a DraftKings-branded sportsbook, with revenue of $398,497, followed by Resorts World Catskills on $285,295. 

In fourth was Tioga Downs Casino in the Fingerlakes. Its FanDuel-branded sportsbook generated revenue of $96,164 for the month.