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.