New York Sports Betting At $2.6m Again This November

In November, New York again put up low sports betting sales estimates, but Gov. Andrew Cuomo suggested this week that support might be on the way.

The gross gaming profits from November sports betting in New York had a rather small rise at $2,619,676. It was close to the total for October.

For all four commercial casinos, November marked the second consecutive full month of service since they were forced to close due to the coronavirus pandemic in mid-March. With heavy COVID-19 protocols in place, all four re-opened on Sept. 9.

Cuomo, who was vocal about adding mobile sports betting on Wednesday, indicated he could be open to mobile sports betting in the state to help make up for a deficit in the budget. For now, sports betting at the four upstate casinos is limited to in-person wagering.

During his regular coronavirus press conference in Albany, Cuomo spoke about the financial condition of the state, touching on New York sports betting and other revenue opportunities.

“Are there other ways to get revenue? How about marijuana? How about sports betting?” Cuomo who rarely brings up sports betting said. “So, if the legislature wants to do the budget now, we can do that.”

New York bettors may also prohibit mobile sports betting from crossing state lines to position wagers.

With $1,048,553 million in sales, Rush Street’s Rivers Casino and Resort in Schenectady held the top spot for sports betting revenue among the four casinos.

With a rise to $949,710, from October’s $771,299 in sales, the DraftKings sportsbook at the del Lago Resort and Casino in Waterloo came in second.

With $347,089, FanDuel’s sportsbook at Tioga Downs Casino in Nichols came in seventh, just above $307,458 in October. In Monticello, Resorts World Catskills had a decrease from $470,076 in October sales to $274,324. New York does not report the handling of sports betting.Since re-opening in September, all four have been struggling with heavy COVID-19 protocols in place.

But the numbers in New York are miniscule compared to New Jersey, which is why New York politicians have been aggressively seeking to bring mobile sports betting to the state. Lots of New York bettors take advantage of being so close to New Jersey.

On Monday, New Jersey revealed its November numbers and its income was $50.6 million. In November, New Jersey also shattered its own national sports betting game record with $931.6 million. In August, September, October and again in November, the state will reset its own national monthly sports records.

According to news, neighbouring Connecticut will also be partnering with state tribes to legalise sports betting in 2021.

A large mobile market in New York could go a long way to reducing New Jersey’s numbers this year. Another state bordering New York, Pennsylvania, announced nearly $492 million in sports betting handles this week and more than $37 million in November’s gross taxable profits.