New York sports betting revenue more than doubles in August

New York’s four commercial casinos have reported revenue of $783,896 for August, with the market benefitting significantly from the launch of legal wagering at del Lago Resort & Casino and Resorts World Catskills.

The size of the market doubled in August with the launch of betting at del Lago and Resorts, and accordingly market revenue more than doubled month-on-month, figures from the New York State Gaming Commission show.

August also included the first full-month contributions from Rush Street’s Schenectady-based Rivers Casino, and the FanDuel-partnered Tioga Downs. 

Rivers, which is the closest sportsbook to the neighbouring states of Massachusetts, Connecticut and Vermont, continues to lead the market, with revenue up 51.3% from July to $445,291. 

Tioga Downs, also saw revenue grow, but from a lower base, with its $87,774 total representing a 59.0% month-on-month improvement. 

Read the full story on iGB North America.