Industry Reports

NYS Casino Revenues Still Not Out of the Woods

New York State has returned to its normal pace of casino operation, as commercial gambling hotspots received a green light for reopening. General Manager of Rivers Casino, Justin Moore, recently pointed out that the impact on daily operation could be felt, as there are fewer patrons making their way in on a daily basis.

The first days of September saw the official return of in-person gambling at commercial casinos in New York State. These venues were allowed to relaunch operation at 25-percent capacity. Gov. Andrew Cuomo gave his green light to the commercial casinos reopening process that launched on September 9 and allowed the commercial casino resorts to welcome back people after a long hiatus due to the unprecedented situation.

Rivers Casino & Resort Schenectady

Rivers Casino, Saratoga Casino Hotel, Resorts World New York City, Resorts World Catskills, and del Lago Resort and Casino were among the venues launching operation following almost half a year without in-person gaming. They have worked on their safety and health protocols and their implementation is closely monitored to provide safety for the players.

Mr. Moore recently pointed out that sports betting is one of the popular gaming offerings once again, as it has not been available for about half a year. Individuals interested in single-event sports wagering once again have the opportunity to do so in-person, at the casino locations featuring a sportsbook in New York State. Rivers Casino is one of those venues allowing players to enjoy the thrill of in-person gambling and betting.

Mr. Moore pointed out that gaming revenue is not up to speed as of now. He said that some days there are not many people eager to explore the offerings available, even though all safety protocols are in place and physical distancing is promoted. Some of the slot machines are switched off, creating distance between the working ones. Individuals entering have to have their temperature scanned.

Take a Look Back

Mr. Moore pointed out that the weekends manage to attract a wider crowd of individuals ready to gamble and wager, but the 25-percent patrons limit is also taking its toll. Rivers Casino is usually able to welcome up to 1,000 patrons, generating gaming revenue for the state and for the host community. New York State Gaming Commission unveiled more information on the subject.

Up until now, the gross gaming revenue or Rivers Casino has reached US$9,508,297, marking a drop when compared to the same weeks last year. The difference amounts to some US$ 3,877,297. Alex Tucker, General Manager at Saratoga Casino Hotel, also made it clear that some casino patrons prefer to refrain from in-person gambling for the time being, as it involves spending a longer period of time indoors.

He pointed out that some of the most devoted casino patrons have returned to Saratoga Casino in order to support it in the most comprehensive manner during these trying times. Live harness racing on the premises of the racetrack has also supported its operation with the wagers placed by horse racing fans.