New York casino revenue surge marked May as the second-highest month on record for the commercial casino sector. Gross gaming revenue for May reached an impressive $62.9 million, up 10.2% from May last year, which recorded $57.1 million. This positive trend was also observed compared to April, with revenue increasing by 10.7% according to the New York State Gaming Commission’s official report.
Slot machines drove the lion’s share of earnings, generating $45.3 million in gross revenue, a significant 11.6% growth from the $40.6 million recorded in the same month last year. The revenue from table games rose by 7.3% year-over-year to $16.2 million. Though smaller in scale, poker gaming contributed $974,765 while retail sports wagering added $406,160.
New York Casino Revenue Surge Explained
Each of New York’s four commercial casinos reported revenue growth compared to the previous year. Leading the charge, Rivers Casino and Resort reported a revenue increase to $19.6 million, rising from $17.6 million in May last year. Close behind, Resorts World Catskills garnered $18.1 million, up 5.8% from the previous year. Del Lago Resort and Casino also showed significant growth, with revenue up 19% to $15.4 million. Meanwhile, Tioga Downs experienced a more modest rise, from $9.3 million to $9.7 million, marking a 4.3% increase.
For more insights on the gaming industry, explore our article on New York’s record-breaking gaming month. Additionally, the American Gaming Association offers comprehensive state-specific data.
