New York Monthly Gambling Figures Are Down Overall In April

Written By Katarina Vojvodic on May 9, 2023
Overall gambling revenue in NY was down in April 2023

According to the New York State Gaming Commission’s latest report, players gambled over $1.54 billion on sports betting apps in April. The commission reported that NY sportsbooks provided $70.8 million in state taxes last month.

Meanwhile, the commercial segment of New York casinos brought in nearly $59 million for the state last month.

New York online sports betting handle shows monthly decrease

The $1.54 billion total handle ranks seventh all-time for New York since January 2022, when online sports betting launched in the state. January’s $1.79 billion remains the state’s betting handle record.

The April handle is a 14% monthly decrease from a $1.79 billion recorded in March. However, the figure is a year-over-year increase from April 2022’s $1.39 billion.

Combined, NY sportsbooks collected $138.82 million in gross gaming revenue (GGR). As a result, the state gathered just over $68 million in revenue for the month, with $70.8 million in state tax revenue towards education. The revenue figure significantly decreased from $83 million collected in March.

New Yor
k online sportsbooks must pay the state a 51% tax rate of their revenue. Since the beginning of last year, New York sports betting has produced over $22 billion in bets.

Retail sports betting revenue April breakdown

When it comes to sports betting numbers for individual casinos:

  • Tioga Downs reported a loss for the third consecutive month. The casino paid out $7,973 on $380,209 in accepted bets.
  • del Lago Resort reported a sports betting handle of $1.56 million, earning $184,172 in revenue.
  • Resorts World Catskills’ sports betting handle was 1.3 million, while sports betting GGR totaled $67,039.
  • Rivers Casino and Resort in Schenectady reported $2.3 million in betting handle with $201,244 in gross gaming revenue.

Commercial casinos generate $58.85 million in April revenue

The New York State Gaming Commission released the April report for the following NY brick-and-mortar locations:

  • Resorts World Catskills
  • Rivers Casino and Resort
  • del Lago
  • Tioga Downs

The total revenue from New York gambling on slots, retail sports betting, table games and poker for April 2023 was $58,853,187.

Resorts World generated $18.99 million in April 2023, slightly less than last year’s $20.2 million for April. Resorts World is the only retail casino in New York that reported a monthly increase in April. The figure is a slight increase compared to March 2023’s $17.2 million.

Rivers‘ revenue from slots and table games in April 2023 came to $16.99 million. The figure is a monthly decrease from March 2023’s $19.58 million. It is also a yearly drop compared to $17.74 million from April 2022.

del Lago generated $13.57 million in April, a yearly decrease compared to $14.06 million from the previous year. The figure also represents a monthly drop from the $14.396 million generated in March.

Lastly, Tioga Downs‘ revenue came up to $9.3 million. The number is less than the $9.5 million generated same time last year. It is also less than $9.6 million reported in March 2023.

Photo by Seth Wenig / AP photo; illustrated by Playin USA
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for Playin USA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario?s online gambling industry for Vojvodic holds a master?s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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