New York’s betting revenue grows in first full month after lockdown

New York’s commercial casinos saw sports betting revenue grow in October, the first full month of sports betting in the state following the coronavirus lockdown.

According to the latest figures from the New York State Gaming Commission, New York’s four commercial casinos that offer sports betting managed to generate $2.6m in gross gaming revenue in October, up from the $2.2m generated this time last year.

October marks the first full month of land-based casino operations for New York’s commercial casinos after they were forced to temporarily close in mid-March due to the coronavirus pandemic.

New York’s casinos were permitted to reopen on 9 September.

New York’s betting figures

The New York State Gaming Commission does not include sports betting handle in its reports, instead, it only displays sportsbook revenue.

According to the report, Rush Street’s Rivers Casino and Resort in Schenectady continued to dominate the market after generating $1.1m in revenue, representing a 10/0% year-on-year increase.

The del Lago Resort and Casino in Waterloo, which features a DraftKings sportsbook, came in second place after generating $771,299 in revenue. This represented a 34.8% increase on sports betting revenue on last year’s figures.

The sportsbook at Resorts World Catskills took third place in the state after generating $470,076 representing a 4.2% drop.

The FanDuel-branded sportsbook at Tioga Downs Casino came in fourth place after generating $307,458 in revenue from sports betting.

New York’s casinos reopen 

New York’s casinos were given the green light to reopen their doors to the public after being forced to close in March due to the coronavirus pandemic. 

New York’s casinos closed their doors on 16 March due to the coronavirus pandemic and are among the last casino venues in the US to reopen following the mass closures that took place earlier this year.

Upon reopening, all casino venues were limited to 25% occupancy and customers were required to wear face masks at all times, except when eating or drinking. In addition to this, beverage and food services will not be allowed on a casino’s gaming floor.

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