New York Casino Sports Betting Revenue Declines in April

New York Casino Sports Betting Revenue Declines in April

As the state awaits word on the next step in the mobile sports betting process, New York released its official April numbers on Monday.

With March Madness in the rearview window, April’s total sports betting revenue, from the four upstate casinos allowed to take sports bets, was $1,322,623, down slightly from the $1,845,685 in March.

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All four upstate casinos saw decreases from a month earlier in numbers reported by the New York State Gaming Commission. Resorts World Catskills in Monticello checked in at minus-$7,747. That loss came on the heels of a March tally of $204,010.

Rivers Casino and Resort in Schenectady saw a big drop from the month before with $644,865 for April, compared to $821,649 in sportsbook revenue for March.

The FanDuel Sportsbook at Tioga Downs in Nicols posted just $65,074 in April revenue, down from $122,877 in March. The DraftKings Sportsbook at Del Lago Casino and Resort in Waterloo recorded the smallest decrease of the four with $620,431 in April, down $76,718 from March ($697,149).

A timetable for sports betting in New York is ongoing as the application process for potential providers should begin before July 1, with a 30-day period for applications to come in and a 150-day period to select a provider.

Sports betting is expected to be operational by Super Bowl Sunday in early February 2022.

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Author

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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