New York Casino GGR Hits $58.3 Million in November 2025

 

The New York State Gaming Commission (NYSGC) posted its revenue report for November, and the gross gaming revenue (GGR) from commercial casinos was $58.3 million, representing a 2.6% increase on a year-over-year (YoY) basis.

The monthly gambling revenue from New York casinos from April to November has been hovering around $55 to $65 million monthly, and for November’s revenue to fall within that range shows that there has been consistency in the gaming market. Despite this consistency in gaming revenue, New York has yet to legalize online casino operations.

New York is one of the many states where online casino gaming is not allowed. Due to this restriction, most of the online gaming revenue goes to offshore casinos or to states that allow them. However, if online casinos like Stake are allowed to operate in the state legally, the NYSGC could improve the revenue numbers and gain more tax inflows in the process.

While the battle to legalize online casinos rages on, commercial casinos remain the center of attraction. According to the New York Statewide Commercial Gaming Results, the $58.3 million recorded in November 2025 was 4.3% higher than the $55.9 million recorded in October 2025 and 2.6% higher than the revenue from November 2024.

Breaking down the data, slots accounted for $42.2 million of the total revenue while table games contributed $14.5 million. Poker and sports betting were the other gaming verticals captured in the report, and they contributed $870,660 and $728,154, respectively.=

On a YoY basis, the GGR from slots increased by 4.7% from $40.3 million recorded in November 2024, while table games reduced by 2.7%. Comparing November 2025’s revenue to October 2025, slots reduced by 2.1% from $43.1 million, while table games increased by 24% to $14.5 million. Poker revenue reduced by 8.8% YoY, but when compared to October 2025, it increased by 4.7% to $870,660.

Sports betting revenue increased by 14% YoY and 66.3% on a monthly basis. Sports betting was the only sector where November’s revenue increased both on a monthly and yearly basis. The sports betting handle for the month stood at $5,052,488, representing a 5.6% increase when compared to October and a 40.7% decline YoY.

In terms of taxes, gaming operators paid $14.26 million to the NYSGC in November, which is slightly higher than the $14.21 million recorded the month before. The NYSGC also uses “unclaimed funds” to provide tax relief for citizens, and during this period, the total unclaimed funds stood at $69,456.

As commercial casinos continue to record positive revenue results, existing operators are thinking of expanding, while new ones are preparing to enter the market.

In July, the New York Gaming Facility Location Board received eight license applications from operators. To deal with this influx, the state board updated its licensing requirements, which include a licensing fee of $500 million and getting votes from a community advocate committee made up of representatives from the municipality and borough where the casino is to be built.

Based on these requirements, the state board is considering licenses for three casinos, with two located in Queens and the last one in the Bronx. Although critics have opposed the establishment of new casinos, experts believe that these casinos can generate up to $5.5 billion in gross revenue while creating about 30,000 jobs.

You must be logged in to post a comment Login