New York online sports betting outshines casino revenue in May

Monday, June 12, 2023 4:06 PM
Photo: Shutterstock
  • Derek Helling, PlayUSA

The four commercial casinos in New York are again mostly flat in comparison to their 2022 numbers. However, the activity around online sports betting is more than enough to make up for a slight decline of in-person gaming for the year.

In May, win for New York’s four non-tribal casinos and nine licensed online sportsbooks surpassed $207 million. While that’s an increase from the same month in 2022, essentially all of that improvement is due to growth in online sports betting.

For all but one of New York’s four commercial gaming properties, May 2022 was more lucrative than that month this year. The four casinos combined to post $55.3 million in gaming revenue in May 2023, which represented just a small negative deviation of 3.4% from May 2022’s $57.2 million.

Those totals include revenue from in-person sports betting, poker, slots, and table games.