New York Sports Betting Gains Ground In September; Still Annihilated By NJ

Written By Mike Mazzeo on October 20, 2021
This Sept. 9, 2018 photo shows fans of the New York Giants and Jets watching a football game after placing bets in the sports betting lounge at the Ocean Casino Resort in Atlantic City, N.J. The coronavirus outbreak has added new wrinkles for bettors this year, but even so, the nation's sports books expect a record year of bets on football in 2020 from an antsy public that has been cooped up for months amid the pandemic. (AP Photo/Wayne Parry)

New York posted modest sports betting gains in September in a performance that still pales in comparison to New Jersey.

The four upstate casinos pulled in a combined $17.4 million in handle for the month, up 90% from August. Those bets yielded $3.2 million in revenue and about $318,000 in taxes to the state.

New Jersey meanwhile became the first state to eclipse the $1 billion mark for sports bets in a single month–more than 50 times as much activity as New York.

It is estimated that around a quarter of that record number comes from bettors who reside in New York.

September in NY, by the numbers

It should be noted that because of the NFL returning, September is typically a lucrative month for sportsbook operators. Indeed, handle for all four NY commercial casinos reached 2021 highs.

LicenseeHandleRevenueState Tax
Rivers$7,963,041$1,414,035$141,403
Del Lago$5,431,184$1,162,877$116,288
Resorts World$2,708,185$421,525$42,153
Tioga Downs$1,253,372$188,608$18,861
Total$17,355,781$3,187,045$318,704

In terms of total casino revenue, Rivers set a new monthly record at $17.4 million. The other three properties also performed relatively well:

  • Resorts World: $21,119,125
  • Rivers: $17,392,918
  • Del Lago: $14,183,891
  • Tioga Downs: $7,987,194

Policymakers hope to have NY online sports betting up and running in time for the Super Bowl.

New Jersey’s enviable sports betting success

Sen. Joe Addabbo expressed some frustration to PlayNY about the massive numbers out of New Jersey. But Addabbo also reiterated that the New York State Gaming Commission is on track to select applicants for licenses before Dec. 6.

Given its population advantage, New York has the potential to surpass New Jersey in sports betting handle down the road. But given these numbers, it’s certainly going to be an uphill battle.

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Mike Mazzeo

Mike Mazzeo is the Lead Writer for PlayNY, arriving after covering several of New York's professional sports teams in a variety of roles for the past decade. Previously, he served as a beat writer and columnist covering the Brooklyn Nets (ESPN) and New York Yankees (New York Daily News). Mike also covered both the MLB and NBA nationally for Yahoo Sports. In addition, he served as a general assignment reporter for ESPN NewYork.com. He has also had bylines in the New York Times, New York Post, Newsday, Forbes and The Ringer. With PlayNY, Mike brings extensive coverage and unique story angles to what is projected to be one of the biggest and most lucrative online sports betting markets in the country. It's been an arduous and confounding process to get here, but 20 million New Yorkers (many of them die-hards) are now legally able to bet on their favorite sports teams across the state via online and mobile platforms.

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