According to new NYGC data, Rivers Casino dominates New York’s four casinos and generated almost double the slot revenue than Resorts World Catskills.
Outstanding debts aside, New York casinos are slowly becoming more profitable while they wait for regulatory progress toward legal sports betting.
Newly relaxed NFL sponsorship rules reportedly have the New York Jets shopping around for a casino partner, and they may not need to look far.
With sports betting now on the table in New York, Rivers Casino Schenectady is already ahead of the curve with its new off-track betting lounge.
Less than a month after its grand opening, Resorts World Schenectady is celebrating again, this time toasting the opening of its brand-new poker room.
Rivers Schenectady Mary Cheeks has been with the property since construction began in 2015, but she is leaving her post after less than a year of operation.
Even though the revenues are not meeting expectations, upstate New York casinos like Rivers in Schenectady have positive tax impacts on local communities.
The Albany Times-Union report on the new upstate New York casinos is bad news, bad news, and worse news when it comes to revenue projections.
At a recent American Gambling Association talk in New York, state Sen. John Bonacic said sports betting, not online poker, could turn around casino revenues
All the new upstate New York casinos are struggling to make money in a crowded, competitive market. But Gov. Andrew Cuomo says not to worry.