Sports betting revenues are down sharply for New York’s four commercial casinos, who reported a total loss in February of nearly $180,000. Only the del Lago casino generated revenue for the month.
The total revenue earned in February marked a new low point since sports gambling was allowed within the state. December of last year had been the weakest month when the state generated $780,418. That number was colossal in comparison to February.
The del Lago Resort and Casino reported total revenues of $98,247 from the DraftKings operated sportsbook. This far exceeded any of their competitors. Rivers Casino & Resort reported a loss of $38,802. The Tioga Downs, which offers the FanDuel sportsbook, reported a loss of $94,030 in while the Resorts World Catskills, offering the International Game Technology and Betgenius sportsbook, reported the most significant loss, coming in at $145,008.
Despite the lost revenue, total revenues for the four venues were up by 5.1% from the previous month. Resorts World had the highest increase, seeing a total revenue increase of 20.5% to $19.6 million.