Gross gaming revenue (GGR) totaled $51.07 million in February, down from $55.26 million a year earlier. GGR has fallen month-on-month since reaching $56.86 million in November.
Slots and electronic table games continued to generate the bulk of the total in February – $36.31 million. This was also down for the fourth straight month and a fall from $39.11 million 12 months earlier.
Other key metrics also declined year-on-year, with table game GGR falling from $15.28 million to $14.22 million, sports betting handle dropping from $5.77 million to $4.31 million and poker table GGR slipping from $973,000 to $838,000.
Casino GGR Drops
According to the latest figures from the New York State Commission, monthly revenues at Del Lago Resort and Casino, Resorts World Catskills, Rivers Casino and Resort and Tioga Downs also fell year-on-year.
The biggest drops came at Resorts World Catskills, which decreased to $14.3 million from $16.40 million, and Del Lago Resort and Casino, which fell to $11.7 million from $13.15 million.
Tioga Downs also dropped from $9.29 million to $8.63 million, while Rivers Casino and Resort edged down slightly to $16.41 million from $16.42 million.
Metropolitan Park’s Zoning Approval
In other news, New York City Council is set to approve the zoning changes required for the proposed $8 billion Metropolitan Park project, which could feature a casino, according to Crain’s New York Business News.
The project is led by Steve Cohen – the owner of the New York Mets Major League Baseball franchise – in partnership with Hard Rock. The casino would be part of a complex that would be built on a car park next to the 41,000-seat Citi Field ballpark.
Last month, the broader project received the backing of the City Planning Commission.
The state’s gaming regulator will award up to three downtown casino licenses later this year.
