New York Casino Revenue Drops 2.2% Year-on-Year in June as Downstate Casino Deadline Passes

New York does not split its numbers by operator but provides a game-type overview.

Ziv Chen

Last Updated: July 15, 2025 7:41 AM EDT • 2 minute read

New York Casino Revenue Drops 2.2% Year-on-Year in June as Downstate Casino Deadline Passes — Pictured: A casino floor, featuring a game displayed on a single, large wraparound screen. Photo by Paul Kuehnel via Imagn Content Services, LLC

The New York State Gaming Commission has revealed casino revenue of $55.1 million for June 2025, a 2.2% decline from the $56.4 million generated in June 2024.

Unlike other US states, New York does not split its numbers by operator but provides a game-type overview. Slots and ETGs were the most significant revenue generators, bringing in $41.8 million in gross gaming revenue. That was a 1.7% rise from June 2024, although the June 2025 figure still marked a decline from the previous month.

New York casinos lost the most revenue year-on-year in table games. In June 2025, casinos collected $11.8 million, a steep decline from the $14.2 million collected last June. Poker table revenues declined slightly from $880,000 to over $860,000.

However, this was completely offset by retail New York sports betting revenues. New York online sports betting climbed year-on-year in June 2025, with a handle of $1.6 billion compared to $1.4 billion. Retail sports betting followed that trend, with retail GGR rising by almost $184%.

Key deadline passed

Every land-based casino in New York is upstate, but that will change soon. Three licenses are available for downstate casinos, and after months of deliberation, eight operators submitted bids by the June 27 deadline.

Several bidders dropped out of the process before this deadline. Wynn Resorts announced in May that it was withdrawing its plans to develop a casino in the state, citing problems with the rezoning process as prohibitive. Before that, proposals from Hudson’s Bay Co. and Las Vegas Sands were also withdrawn.

The eight remaining bidders include some of the most renowned names in US casino operations. Caesars Entertainment is proposing to build a Caesars Palace casino in Times Square, a project backed by Jay-Z, among other notable investors. Meanwhile, Bally’s has submitted a plan for a $4 billion integrated casino resort in the Bronx.

MGM Resorts International intends to improve its Empire City Casino location at Yonkers Raceway into a complete casino, with a $4 billion investment to build a 5,000-capacity venue.

Other proposals include Resorts World New York City at the Aqueduct Racetrack in Queens, The Coney at Coney Island in Brooklyn, Metropolitan Park at Willets Point in Queens, The Avenir at 11th Avenue & 41st Street in Manhattan, and Freedom Plaza in Manhattan.

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.