New York Sportsbetting Revenue Drops in November

The state of New york's sportsbetting revenue dropped 40% in November, providing the lowest monthly total since the activity was introduced.

Revenues for the month were $1.3 million, down 40.9% from the $2.2 million generated in October. The all-time record is $2.2 million, which was set in September. The activity has been offered since July, and are available at a handful of land casinos. Online betting isn't legal yet.

Rivers Casino & Resort in Schenectady was the top spot in terms of revenues, with their book generating $549,230 for the month. Resorts World Catskills in Monticello generated $467,356, down 7.7% from the month prior.

New York could potentially have a huge market, but in order to reach their potential, the activity will have to be offered closer to larger cities, and likely offer online services.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
3 replies • Last post

Comments

caWaroftheGods
Slots FanSlots Fan
WaroftheGods's picture
Location: Calgary
Joined: 27 Sep 2017
Posts: 1113
Thanks given: 475
Thanks received: 1091
10 December 2019 - 5:39am
#1

Maybe people have their priorities in order there. With xmas coming up it sounds like most have put aside their vices in order to have some happy holidays instead.
That's what I would hope for anyways 🙂

sharpe

usbarbadosslim93
Forum AngelForum Angel
barbadosslim93's picture
Location: Michigan
Joined: 28 Jan 2011
Posts: 12186
Thanks given: 730
Thanks received: 1729
10 December 2019 - 5:46pm
#2

Haha, I think it's more because there's only a handful of spots to bet at. I don't understand why someone would go from Manhattan to upstate when they can cross the river and bet in New Jersey in like 10 minutes. They'd be smart to fix that.

sharpe

bgsharpe
Forum AngelForum Angel
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
Posts: 7361
Thanks given: 3992
Thanks received: 1099
13 December 2019 - 10:13am
#3

Quite a drop really, still NFL, NHL & NBA seasons in their prime now so must be something else slim?

Maybe Kris having a relevant point after all.

Post new comment

Have something to say? Agree or disagree? Tell us what you think!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.