NY sports betting market hits new low in February
New York’s four commercial casinos have reported losses of $179,593 from sports betting in February, with del Lago the only venue to actually generate revenue during the month.
February’s total marked a new low point for the market, with the loss comfortably below December 2019, previously New York’s previous weakest month, when it generated revenue of $780,418.
Leading the market was the del Lago Resort and Casino, which hosts a DraftKings-operated sportsbook, with revenue of $98,247. This set it far ahead of its nearest competitor, Rivers Casino & Resort in Schenectady, which posted a $38,802 loss for the month.
Tioga Downs, with its FanDuel sportsbook, lost $94,030 from sports betting in February, while Resorts World Catskills, and its International Game Technology and Betgenius-powered book, lost $145,008.
Read the full story on iGB North America.