NY Casinos Take Record Income From Sports Wagering As NFL Begins

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During the National Football League’s (NFL) first week, four upstate casinos took record income from sports wagering.

In the week leading up to September 8th, Rivers Casino & Resort in Schenectady brought in $346,682 after payouts to winners and before taxes in the week, that being twice the record set during the sports book opening week in mid-July, according to state Gaming Commission filings.

The enhanced income would have been simple to project for the first week of matches, as lines of sports gamblers stretched more than 50 deep at the casino’s 5,000-square-foot lounge, an hour before kickoff.

Rivers, the first New York casino to open its sports book, brought the NFL’s first week of gross gaming income before the three other business casinos.

The del Lago Resort and Casino in western New York received $263,842 in gross sports wagering income that week; Hudson Valley’s Resorts World Catskills raised $185,424, and Tioga Downs Casino reached $106,646.

It still reflects a tiny part of the company at the upstate casinos, even with the development in sports wagering. For example, in week one of the NFL, sports wagering accounted for less than 10% of Rivers ‘ gross gaming revenue.

But there’s a boost from the sports wagering influx, as Rivers set a $3.77 million gross gaming income record for the week in 2019.

The NFL’s week two income statistics should be accessible later this week.

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