Rivers Casino in Schenectady is expecting a much busier month for sports betting ahead of the riveting sporting events that will take place during March. Many sports fans will be able to enjoy place a few bets in the casino, on the upcoming March Madness event. Certainly, the NCAA basketball tournament will attract plenty of interest among fans who want to place a few bets while enjoying the games.
The New York gambling property has fallen victim of the unprecedented situation and it had recorded a rather difficult financial year. But ever since January players have reignited their interest in in-person gambling. Last year sports fans were unable to wager on March Madness due to the closing down of the venue after the announcement of lockdown restrictions.
Rivers Casino in Schenectady is on course to come out of the financial pit, the casino has significantly improved since New Year and recorded a record-breaking month of January sporting bets. And, now the gambling venue is expecting an even greater rise in sports wagers with the upcoming NCAA basketball tournament, which starts this Thursday.
Sports and gambling fans are in for a treat this month, thanks to the exciting competition and bets surrounding it. Guest of the casino Joe Cavallo shared his thoughts on the tourney as a gambling and sporting fan. He claims to be more than ready to enjoy the event this Thursday night in the casino.
Mr. Cavallo admitted that he is not a big betting fanatic, but in his words, he is definitely a sports addict. He previously lived in Las Vegas, and described the hype around the event as a great time, since the whole city erupts as he said. But now he is ready to place his bets in the Capital Region’s gambling property.
In light of the March Madness tournament, gambling enthusiasts should be aware of the New York State Law. The law states that gamblers from the NYS are unable to wager on a local team, or teams that are playing in the state. But despite the specific rule, the casino is expecting to attract big crowds and has even provided a special offer of 64-dollar hotel rooms for the 64-team tournament.
Off to a Great Start
As already mentioned, the casino is enjoying a great start of this year, after reports of record-breaking sporting income for January. Estimations show that the state’s four commercial gaming facilities were able to generate US$3.57 million in revenue for the month of January 2021. Rivers Casino managed to break its own revenue heights by accumulating over US$1.429 million for the said period of time.
The NY-based commercial venue also recognizes its responsibility to responsible gambling. The casino took part in last year’s edition of the Problem Gambling Awareness Month, which aims towards advocating gambling in a responsible manner and helping any gambling enthusiasts who are currently troubled by their addictions.
Source: Gold, Craig “Rivers Casino anticipating sports gaming traffic to increase as March Madness begins”, CBS 6, March 18, 2021