The commercial casino sector in New York had a stellar performance in May, achieving its second-best month in history with a gross gaming revenue of $62.9 million. This figure marks a 10.2% increase from $57.1 million in May last year. The state’s gambling regulator, the New York State Gaming Commission, revealed that last month’s earnings rose 10.7% compared to April’s revenue of $56.8 million.
Slot machines dominated the revenue, generating $45.3 million, reflecting an 11.6% rise from $40.6 million in May 2024. Table games also saw a boost of 7.3% year-on-year, bringing in $16.2 million. Smaller contributions came from poker gaming and retail sports wagering.
Among the four commercial casinos, all reported year-on-year revenue increases. Rivers Casino and Resort topped the list with $19.6 million, followed by Resorts World Catskills at $18.1 million, del Lago Resort and Casino at $15.4 million, and Tioga Downs at $9.7 million.
Key Points
- New York’s commercial casinos generated $62.9 million in revenue in May, a record for the month.
- This represents a 10.2% year-on-year increase from $57.1 million in May 2024.
- Slot machines were the major contributors, bringing in $45.3 million.
- All four commercial casinos reported year-on-year revenue growth.
- Rivers Casino and Resort led the revenue with $19.6 million.
Why should I read this?
If you’re curious about the booming casino scene in New York, this article is a must-read. It not only highlights significant revenue figures but also illustrates the recovery and growth of the gambling industry post-pandemic. Whether you’re a gamer or just interested in economic trends, this insight into New York’s casino revenues is worth your time!
