March’s figures represent a significant month-on-month increase after the market reported a loss of US$179,593 in February, which was a record low for the state.
However, March’s figures marked the second-lowest monthly total for the state’s betting market.
Rivers Casino & Resort in Schenectady claimed top spot in the market in March, generating US$81,883 in sports betting revenue, compared to a loss of US$38,802 in February.
The del Lago Resort and Casino, which runs a DraftKings-powered sportsbook and led the market in February, followed with US$53,861 in revenue, down from US$98,247 in the previous month.
Towards the end of March, the state’s four commercial casinos were forced to temporarily close their doors due as part of state-wide measures to help halt the spread of coronavirus. The city of New York is one of the most affected by the COVID-19 with the most infected and dead in the whole country.
All commercial casinos across the U.S. have been forced to temporarily close as a means to help reduce the spread of the virus. The American Gaming Association (AGA) warned that the temporary casino shutdown could cost the US economy US$43.5bn over the next two months.
Source: GMB
