New York Commercial Casino Revenue Up 12% Year-Over-Year In January

The New York sports betting scene has never been busier. According to the New York State Gaming Commission, players in the Empire State contributed to a record amount in sports bets placed throughout last month. The commercial segment of New York casinos also fared well last month with revenue up 12% compared to January 2022.

Considering all gaming activity in the state, the Commission also announced that January figures were the best since the online sports betting market launched thirteen months ago.

Upstate New York casinos start off 2023 right

The New York State Gaming Commission reported numbers for the following retail locations:

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

The total revenue from NY slots, retail sports betting, table games and poker for January 2023 came to $54.4 million. The figure is a 12% increase from January 2022’s $47.9 million.

All New York retail operators reported an increase in monthly revenue compared to the same time last year, except for Resorts World. The casino generated $16.1 million in January 2023, slightly less than last year’s $16.2 million for January.

Meanwhile, Rivers’ part of January 2023&r
squo;s revenue from slots and table games was $17.4 million, compared to $14.2 million from January 2022.

Last month, del Lago generated $12.3 million, compared to $10.4 million from the previous year.

Finally, Tioga Downs’ revenue that came from slots, retail sports betting, table games and poker was $8.6 million. That’s still higher than the $7.1 million generated same time last year.

NY retail sports betting revenue for January 2023 also high

Breaking retail sports betting down by individual retail operators in New York, Rivers Casino and Resort recorded the highest betting handle of $4,435,505. Its revenue was $388,419.

Meanwhile, Tioga Downs’ revenue was $115,180 of the $739,583 bets placed. Resorts World Catskills paid out $33,598 from the $1,706,687 in accepted bets. Also, del Lago reported a $10,649 loss on a $3,175,126 handle.

The total that came from New York retail sportsbooks last month was $459,352. The figure is $788,181 up from January 2022.