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New York Casinos Generate $54.9 Million in Revenues in December

Ziv Chen

Last Updated: January 14, 2025 8:02 AM EST • 1 min 43 sec read.

Gamblers play slot machines on reopening day at Resorts World Catskills casino as we look at New York casino financials for December 2024.
Gamblers play slot machines on reopening day at Resorts World Catskills casino in the Town of Thompson. Photo by Patrick Oehler / Poughkeepsie Journal via Imagn Content Services, LLC.

New York is the nations biggest market for our best sports betting sites, but casinos are a different story altogether. It does not yet have a real-money online casino market, and while upstate you can access brick-and-mortar casinos, New York City is a different story. And the news coming from the December financials for the casinos it does have is not all rosy.

The New York State Gaming Commission announced its December figures for its four commercial casinos. The report highlighted several decreases, suggesting that December was less successful than previous months.  

Gross gaming revenue for December totaled $54.9 million, a 3.5% decrease from November's total of $56.8 million. 

In addition, slot and Electronic Table Games (ETGs) generated $39.2 million in gaming revenue, a 2.7% month-on-month decrease compared to November. Credits played reached over $470 million, producing a total of $425 million. Average daily slots and ETG active sessions for December were 5,215, with an average of $244 being won daily. 

Table games generated more than $15 million in gaming revenue in December, a 0.5% month-on-month increase from November, which saw $14.9 million in table game revenue.

The average number of daily active poker tables in December was 54, the same as in November. Poker generated $916,357 in total gaming revenue, a 3.9% month-on-month decrease compared to November, which generated $954,211. 

Individual casino revenue performance

Some of New York’s casinos faired better than others regarding December’s revenue, reporting increases in their gaming revenue compared to November.

Schenectady Rivers Casino and Resort reported the highest turnover for December, generating more than $17.7 million in total gross gaming revenue. This is a 2.8% month-on-month increase and a 1.4% year-on-year increase compared to last December, which generated $17.5 million. 

Resorts World Catskills was the second casino to report revenue growth for December. It had the highest year-on-year revenue increase of the four casinos, increasing by 11.5% from $15.3 million to over $17 million in December 2024. As well as year-on-year growth, the resort reported that revenue increased by 3.4% from November 2024 to December 2024. 

Tioga Downs Casino and del Lago Resort and Casino were the only two casinos not to report revenue increases for December. Del Lago Resort and Casino had the most significant decrease in revenue out of the four commercial casinos, reporting a year-on-year deficit of 11%. December 2023, the resort group generated more than $14.2 million in total gaming revenue, a $1.5 million decrease compared to last month’s revenue, which was reported at $12.6 million.

Tioga Downs Casino also reported a decrease in year-on-year gaming revenue. While it reported over $8.8 million last December, only $8.6 million was produced this year, a reduction of 2.7%

Written By:
Ziv Chen
Ziv has over two decades of experience in the igaming and sports betting industry, having served in senior marketing and business development positions with both B2C and B2B companies, including Playtech and Microgaming. In 2019, Ziv decided to pursue his passion for writing and became a fulltime industry journalist, covering casino, sports, and gambling business news. He’s specialties include casino games and technology, US state gambling regulation, company performance, as well as gambling affiliates and marketing. As a Pitt graduate, Ziv is a diehard fan of all Pittsburgh sports teams, with the Steelers at the top of the list. In his free time, he enjoys reading crime fiction, biographies (mainly of sports personalities, but not only) and American history. Ziv’s Favorite quote: “We're going to pursue perfection, knowing full well we won't catch it, but we're going to relentlessly chase it," Mike Tomlin, Pittsburgh Steelers Head Coach.