Will New York Casinos Bounce Back?

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Communicated Content – New York City and the State are world-renowned and maybe the most famous city in the world, with many attractions and historic landmarks including, Central Park, The Empire State building, and multiple museums dedicated to the arts. But there are also casinos if you enjoy a bit more excitement on your vacation, online gambling is also legal in the State of New York which has been restricted to sports betting only but gives gamblers options during these troubling pandemic times.

 

Covid-19 forced the closure of many casinos across the world, not just in the United States, but restrictions being slowly lifted in many countries casinos have also begun to resume business.  Gamblers whilst under social distancing rules can get back to doing something they enjoy at the tables and slots, making money. It is a safe bet that the casinos will be very eager to reopen in New York but in the meantime sites online casinos can help fill the void.

 

The Loss of Tourism Has Affected Many Casinos

 

The travel restrictions that people have faced in the last year and a half and even local restrictions on movement have made operating a traditional casino extremely difficult for many owners. New York is no different, whilst they may have reopened the tourist numbers that made up a large portion of the customer base is still far from back to normal. This will change but time is not on the side of smaller casinos with a smaller cash flow and the explosion of online casinos, the larger casino operators can hold out but unfortunately, it has and could spell the end of business for many.

 

It’s not just the casino business that is in trouble, hotels, motels, airlines, and amusement parks have all suffered for lack of tourists. All across the world, the effects are being felt by owners and workers in the tourism industry. 

 

It’s Not All Bad News, Online Casinos Are Flourishing

 

Whilst traditional casinos have been hit hard by current world events the online casinos have seen a large pattern of growth, both in America and across the world. In 2020 revenue was $64 billion and the forecast for 2021 is set to be approximately $72.04 billion. Many traditional casinos have begun to adapt to and have launched their own online casino ventures or have invested in one or more. 

 

The advantage online casinos have is the cost of maintaining the business is far fewer overheads, which can improve their room for offering incentives to play. As stated earlier New York only allows sports betting online but with the United States having so many basketballs, football, and hockey games on a daily basis it gives gamblers plenty of opportunities to place bets and hopefully win. The most popular games to bet on are:

 

  • Tennis
  • NFL
  • Basketball (College Basketball is incredibly popular)
  • Horse Racing
  • Golf
  • Esports
  • MMA
  • Boxing

 

All these sports are very popular amongst online gamblers and often offer better odds than a traditional bookmaker.

 

Which Casinos Are Rated The Best in New York City and State?

 

New York, like many cities across the world, began with an organized illegal gambling scene, but today there are legal and highly professional casinos that cater to gambler’s needs. They are all places with excellent facilities provided and are usually attached to a hotel complex the same as Las Vegas or Macau. From fine dining to 5-star accommodation they offer something for everybody, here are some of the most popular in the State of New York:

 

  • Batavia Downs Gaming: With over six hundred machines to choose from Batavia has been popular for years with locals and foreigners, card tables and baccarat are also popular here. It is also family-friendly, with restaurants to take the whole family to before putting the kids to bed and hitting the tables.
  • Del Lago Resort And Casino: Another very popular place to gamble, located in Waterloo New York it boasts nearly 2000 machines and the usual card tables. With 9 restaurants to choose from and an array of bars to unwind in between games, it is an ideal place to visit.
  • Empire City Casino: Nestled in the heart of Yonkers, New York this casino is designed to accommodate large numbers of gamblers. With over 5000 slot machines and also video poker machines it has a great atmosphere and also a very popular Irish-themed pub that is always busy.
  • Seneca Buffalo Creek Casino: One of the most famous casinos in Brooklyn, New York it has a great reputation, located in an easy to find the location and with harbor access all year round it has become very popular amongst locals and tourists. With over 1000 slots to play on and 32 tables to win on it is a great place to visit when in New York.

 

These are just a few examples of the popular traditional casinos in New City and State, there are many others that have fine reputations and are well respected by gamblers.

 

Will New York be as Popular as Las Vegas for Casino Gambling?

 

Whilst New York City and the State are popular for gamblers Las Vegas is likely to remain king in choices for foreign gamblers to go to for casinos. With its worldwide reputation and the famous “Strip” attracting gamblers from all over the globe it is hard to see any city in America overtaking the legendary Las Vegas in terms of revenue. But New York still remains a favorite for many from the area and tourists alike. 

 

Las Vegas has been more affected by casinos in Macau than anywhere else, Macau is now the richest gambling hub in the world. Spurred by Chinese gamblers Macau makes more than $6.5 billion a year in revenue from the casinos and with 10 times the amount of hotel rooms compared to Las Vegas. It is hard to see New York or anywhere else competing with these numbers, whilst New York has the hotel rooms it still lacks the huge casino developments that Las Vegas and Macau have built. Whilst New York casinos are elegant they are spread out compared to other places which have concentrated gambling areas.

 

Conclusion  

 

Gambling in the United States has been a popular way to pass the time and try and win your fortune much the same as most other countries. New York casinos whilst may not have the same glitz and glamour as their southern competitor in Nevada does offer some great gambling experiences. And with nearly 60 million visitors (under normal circumstances) per year, the market combined with nearly 9 million residents of the City of New York and 20 million residents of the State has huge potential to grow further.

 

In time the State authorities may also decide to change the online gambling laws, not just allowing sports betting but slots, poker, and other games such as baccarat which could be very lucrative for the casinos and the tax revenue for the State of New York. The revenue raised could be used for urban development, infrastructure projects, or inner city education, the list is endless, and whether the State approves more online gambling people will always find a way to gamble at online casinos.




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