New York Casino Gaming Revenue Grows 2% In 2025
In 2025, New York’s casinos reported modest revenue growth of approximately $692 million, an increase of about 2% year over year, driven primarily by the state’s four full-service casinos.
While growth was limited, the results underscore the industry’s resilience amid sweeping changes across the US casino landscape.
Casino performance fluctuated throughout the year. Slot machines remained consistent revenue drivers, while table game revenue was more volatile, reflecting shifts in player preferences.
Some months posted slight year-over-year declines, but strong summer performance helped offset those softer periods, allowing full-year revenue to finish ahead of 2024.
Casinos Under Pressure
Industry observers note that brick-and-mortar casinos are operating under growing pressure from digital gambling alternatives.
New York hosts one of the largest mobile sports betting markets in the country, with betting volume reaching record levels in 2025 and continuing to divert discretionary spending away from traditional casinos.
Monthly online sportsbook handle regularly reached into the billions, generating hundreds of millions in gross gaming revenue.
With one of the highest sports betting tax rates in the nation, mobile wagering has become a major revenue source for the state, frequently surpassing monthly revenue totals from land-based casinos.
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Retail Casinos Adapt To A Changing Market
Despite mounting competition, retail casinos continue to play a vital role by supporting employment, attracting tourism, and generating regional economic activity through hospitality and entertainment spending.
Operators are increasingly focused on diversifying revenue streams by expanding non-gaming amenities such as hotels, restaurants, live entertainment, and event spaces.
Retail casinos recorded their strongest performance in August 2025, when higher visitation and discretionary spending produced the best monthly results of the year.
All four properties reported their most productive month on record, fueled by increased table game wagering and sustained slot machine strength.
Looking ahead, New York’s gaming market is poised for further evolution as regulators prepare to award additional downstate casino licenses, including in New York City and surrounding areas.
These developments are expected to unlock billions in private investment and significantly expand the state’s land-based casino footprint.
While lawmakers, community leaders, and industry stakeholders continue to debate the scope and pace of expanded gaming, the direction of New York’s casino industry will ultimately depend on how effectively retail operators adapt alongside a rapidly growing digital gambling market.
