New York Sportsbetting Numbers Drop in September

New York's sportsbetting market dropped in terms of revenues, but still generated $1.4 million in a shortened month of September.

Casinos were able to open on September 9th, and revenues sagged compared to last year as a result. The numbers were down 38.5% from the $2.3 million posted last year, but is up from March, the last month that the casinos were open to take wagers. During that period, only $99,514 in revenues were generated. It is likely that October's numbers will be better, as the casinos will be open for the full-month, as well as having NBA Finals, NHL Finals, and NFL football games to wager on.

Covid-19 has caused chaos for the betting industry throughout the world, causing casinos to close throughout the majority of the world. New York allowed casinos to reopen on September 9th, but with social distancing limitations to stop the spread. The Empire State is averaging about 1,400 new cases a day over the past week, and containing the spread of the disease will be key to keeping those betting destinations open.