New York’s Commercial Casinos Post Solid October Numbers

New York’s four commercial casinos brought in about $56 million during October, up 4% from the same month last year. The bump’s not huge, but it shows people haven’t stopped spending at these places even though they’ve got more ways to spend their entertainment dollars now.

The way people gamble has changed a lot over the past few years. Nobody needs to drive anywhere anymore if they want to play poker for cash. Real money poker sites with signup bonuses, rakeback programs, and packed tournament schedules have become a real alternative, and plenty of New York players use them now. But October’s numbers show physical casinos still have pull.

Rivers Casino and Resort Schenectady closed out October with about $17.7 million in revenue, up 2% year over year. The property’s been consistent throughout 2024. It does well with table games and slots, and its sportsbook pulls more action than most comparable spots in neighboring states. Management there wants reliable results instead of big monthly swings, and October’s performance fits that approach.

Del Lago Resort and Casino had the best month across the state. Revenue there climbed more than 10% from last October, which is the type of growth that turns heads when most operators are thrilled with 2% or 3%. Weekend tourism in the Finger Lakes region has picked up, and Del Lago’s promotional efforts have been resonating with people who visit. The property’s also put work into building out what it offers beyond gambling. Better restaurants, live shows, things that give people reasons to make a trip and stick around longer. October’s report shows that’s working.

Tioga Downs Casino Resort added to the state’s positive numbers with modest but stable gains across slots and table games. That matters for regional properties that usually see business shift when the weather turns cold. Even small increases count right now with inflation affecting how people spend their discretionary income.

Resorts World Catskills was down less than 1% compared to last October. The drop’s small enough that most people watching the industry don’t see it as a problem. Promotional timing changes from year to year, events get scheduled differently, and those factors can create small variations in revenue. Resorts World’s still one of the biggest casino operations in New York, and the people running it have said they’re building for years ahead rather than reacting to what happens month to month.

What October shows is that New York’s commercial casino sector’s holding steady. There’s tons of talk right now about downstate licenses and what gaming’s going to look like in the state going forward, but these four properties still matter for local jobs and tourism revenue.

One thing worth mentioning is how these properties affect the areas around them beyond employment. Rivers opened in Schenectady after that city spent decades trying to recover economically. Del Lago came into a region that used to depend almost entirely on summer tourists. When revenue holds up at these casinos, nearby restaurants get busier, hotels book more rooms, and small retail shops see customers they wouldn’t get otherwise. October’s numbers staying solid means all of that keeps going, and it’s easy to miss that when you’re only focused on what the casinos themselves made.

Worth paying attention to is what happens next. The holiday season typically drives more traffic to casinos. If people keep spending through December, October’s results might point to a strong close for 2024. How much disposable income consumers have over the next few months will play a big role, but October gives the sector something solid to build on.

Monthly reports from established casinos don’t get the same attention as big licensing news, but they’re a better way to measure actual stability. October delivered steady growth without wild swings. New York’s commercial casinos keep adapting in a market that won’t stop changing, and the numbers show they’re managing to compete.

 

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About the Author: Benjamin Vespa