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Mandatory Credit: Adam Hunger/Pool Photo-USA TODAY Sports

Casinos in New York took in over $1.15 million in sports wagering gross gaming revenue for the month of February, a decrease from $3.5 million in sports wagering gross gaming revenue in January.

All four casinos reported decreases in February gross gaming revenue when compared with January’s sports wagering revenue totals.

CasinoFebruary RevenueJanuary Revenue
BetRivers Sportsbook at Rivers Casino and Resort $463,663$1,429,140
DraftKings Sportsbook at del Lago Resort$376,118$1,270,812
Resorts World Catskills$157,098$479,557
FanDuel Sportsbook at Tioga Downs $156,397$390,346

Figures will likely increase this month due to NCAA March madness betting, but all four casinos are certainly keeping an eye on the yet to be approved New York state budget. The budget approval will likely clarify mobile sports betting in the state, which is of obvious interest to DraftKings Sportsbook NY.

Update on NY Online Gambling

Gov. Cuomo and New York State lawmakers must create the budget for fiscal year 2021 by April 1.

Both parties have shown interest in possible revenue brought in from mobile sports betting, but differ on how it should be implemented in New York.

Cuomo favors a lottery-run system that will use one operator while lawmakers are pushing for a system that would include two licenses for the four retail sportsbooks and three tribal casinos, 14 in total.

 

Covering regulatory developments in online gambling throughout this fine country.