New York officially legalized sports betting earlier this year. In July, the first legal sports wagers were placed here inside Rivers Casino. Sports betting at Seneca Buffalo Creek Casino is now up and running, too!
It’s great news for sports fans in the Buffalo area. Today, we’re going to look at why it took so long for this casino to launch its sportsbook. We’ll also look at how the sports gambling industry is performing in New York right now.
Let’s get into it!
New York Continues to Expand its Sports Gambling Operations
Prior to the Supreme Court striking down PASPA, not may predicted that New York would ever legalize sports betting. In fact, lawmakers here seemed determined to shut down any forms of sports wagering here. Even daily fantasy sports was prohibited in this state!
New York was one of the few states to ban offshore online sportsbooks, as well. Most states without a regulated sports betting market simple turn their heads away from the betting sites based overseas. New York was active in banning them.
Once PASPA was removed, lawmakers here seemed to change their tune. New Jersey allowed sports betting and was earning millions of dollars a month from the industry. It was so popular in this state that many New Yorkers were crossing the border into New Jersey to place sports bets.
Now, sports betting is completely legal throughout the state. Most of the casinos here, the majority of which are located in the upstate area, offer sports gambling options.
There was even an attempt to make online sports betting legal in New York. Unfortunately, the bill was stalled in mid-2019. Hope is that it’s resumed again in 2020.
This week, one of the most popular gambling venues in the upstate area officially launched its sportsbook.
Sports Betting at Seneca Buffalo Creek Casino is Now Available
Buffalo is known for having one of the most passionate sporting fan bases in the country. Bills fans regularly make headlines for their antics. Unfortunately, there were very few options to make sports bets in this area.
That is no longer the case. This week, sports betting at Seneca Buffalo Creek Casino is becoming available. This signals a larger move for Seneca Gaming Corporation to break into the lucrative sports gambling market.
Seneca Buffalo Creek Casino is the first of the company’s three regional properties to open a sportsbook. Rickey Armstrong Jr, president of the Seneca Nation of Indians, is set to make the first legal sports wager in the casino today.
That’s not all. Soon, sports betting will become available at both the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Allegany Resort & Casino in Salamanca.
All traditional forms of sports gambling are set to become available in this gambling venues. This includes betting on the NFL, NHL, NBA, and even collegiate sports. If you’re in Buffalo, make sure to check out the new sportsbook operating here!
NY’s Sports Gambling Revenue Drops in November
New York isn’t home to the most lucrative sports betting market in the country. That’s surprising to some, considering the state’s massive population. For several reasons, this industry just hasn’t taken off here.
In November, sports betting revenue in this state dropped by nearly 41%. New York State Gaming Commission (NYSGC) officially revealed November’s revenue earnings this week.
New York’s four commercial sportsbooks generated $1.3m in gross gaming revenue in November. This represents a 40.9% revenue drop from the month of October.
Rivers Casino in Schenectady was the most successful casino in terms of sports betting. Resorts World Catskills in Monticello came second, generating $549,230 in sports gambling revenue.
Sports betting at Seneca Buffalo Creek Casino is finally here. Hopefully, this venue manages to generate more money than the other casinos in the state.
Stay tuned for more US casino news over the next few months!