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NY sports betting revenue more than doubles again for September


New York’s four licensed sports betting operators took in a combined $2.3m in sports betting revenue, up 175.3% month-on-month, as two casinos published their first full-month revenues for the vertical.

Since its launch in July, regulated sports betting in New York has now generated $3.5m in revenue, as the revenue generated from every casino increased from August’s figures.

Rivers Casino & Resort Schenectady’s Rush Street Interactive-powered sportsbook took in the most money, as it had done in each of the two previous months, with $903,892, up 102.2% from August.

However, second-placed del Lago Resort and Casino in Waterloo significantly closed the gap in its first full month of sports betting operations, bringing in $836,929. That figure marked a 375.5% increase upon August’s revenue, which was based on only nine days of wagering after the DraftKings-branded  sportsbook at del Lago opened on 23 August.

Resort World Catskills in Monticello, which also opened in late August, saw the most significant month-on-month increase in revenue, a 461.6% increase from $67,881 to $381,210. The sportsbook at Resort World Catskills is powered by International Game Technology (IGT) and Betgenius.

Tioga Downs Casino in Nichols was the only casino that did not double its August sports betting revenue, but revenue from its FanDuel-branded sportsbook still increased 22.6% to $161,834. The four casinos brought in a combined $323m in gross gaming revenue, with Resort World Catskills leading the way with $113.2m.

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

Mobile sports betting is not yet legal in New York, though state Senator and Senate Racing, Gaming and Wagering Committee Chairman Joseph Addabbo, Jr, has made efforts to pass a bill including a mobile component.