News From The Casino Scene

Upstate New York Casinos Disappoint With Lower Revenue Than Expected

Upstate New York Casinos Disappoint With Lower Revenue Than Expected

As per the New York State Gambling Commission reports a sum of $133.6 million was generated by the three operational casinos in the New York Upstate during the December 2016 to May 2017 period.

An approximate of $325 million was expected of the casinos to generate by the end of 2017, seeing the current pace it looks like it would reach somewhere around $267.2 million i.e. $57.8 million short of the actual number.

After the Governor Andrew Cuomo signed a State Constitutional Amendment in 2013, the three Casinos namely Tioga Downs, Rivers Casino & Resort, and del Lago Resort and Casino were in Nicholas, Schenectady and Waterloo respectively were legally allowed to operate a casino gambling.

Tioga Downs racked in around $34.8 million and had about of 841 slot machines, 25 table games and 12 poker tables with most income with slots bringing in the most at $29.5 million and table games generating somewhere around $10.3 million.

This year’s March was the best month for the casino as it generated a total of $6.2 million.

For del Lago, the revenue from February 1 to May 31 was $52 million and Rivers Casino it was $46.8

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