Browse articles by topic

NY sportsbooks bounce back in January with $1.9m in revenue


Sports wagering revenue from New York’s four commercial casinos picked up significantly in January 2020, with revenue of $1.9M, more than double the record-low figure posted in December 2019.

Rush Street’s Rivers Casino and Resort in Schenectady, the closest in-state sports wagering location to New York City, retook its spot as the largest source of sports wagering revenue in the state, with its Kambi-powered sportsbook bringing in $778,997, up 149.8% month-on-month.

December’s revenue leader, del Lago Resort and Casino in Seneca County, was the only location where revenue did not double month-on-month but the casino’s takings did still increase 82.0% to $610,250. The sportsbook at del Lago is operated by DraftKings.

Resorts World Catskills, which features an International Game Technology (IGT) and Betgenius-powered sportsbook, bounced back from an especially weak December to post revenue of $395,659, more than five times the total recorded in the previous month.

Although Tioga Downs Casino in Nichols, which has a FanDuel-branded sportsbook, saw revenue increase 132.7% month-on-month to a near-record $158,445, it returned to last place among the four commercial casinos.

Resorts World Catskills led the way among commercial casinos in overall GGR, with $16.2m. Rivers casino followed with $15.7m. Del Lago brought in $13.0m, while Tioga Downs brought in revenue of $7.0m.

Overall, the four commercial casinos combined for GGR of $51.9m, up 5.9% month-on-month.

Figures do not include contributions from the state’s tribal casinos, with Oneida Nation running legal wagering in partnership with Scientific Games at several properties in New York while IGT power sports betting at Akwesasne Mohawk Casino Resort in Akwesasne, New York.