New York sports betting revenue slips 40.9% in November

9 December 2019

New York’s four licensed sportsbooks generated $1.3m (£987,430/€1.2m) in gross gaming revenue during November, the lowest monthly total since the market opened.

The November result represents a month-on-month decline of 40.9% on $2.2m in October, during which New York fell just short of its monthly revenue record of $2.3m, set in September.

Since the regulated market opened on July 16 this year, New York’s sportsbooks have generated a collective $6.0m in sports betting revenue. The state generated $349,468 during the first full month of legal wagering in August.

Rush Street’s Rivers Casino & Resort Schenectady retained top sport in New York in November, with revenue from its Kambi sportsbook hitting $549,230 for the month. However, this was 45.1% lower than October’s total of $1.0m.

Resorts World Catskills in Monticello, which features an International Game Technology (IGT) and Betgenius-powered sportsbook, saw revenue slip 7.7% month-on-month from to $467,356.

Read the full story on iGB North America.