Sullivan County casino launches sports betting

by Administrator

KIAMESHA LAKE, N.Y. — Sports betting has begun at the Resorts World Catskills casino, coinciding with the start of the NFL season.

The Sullivan County casino took its first bets on sporting events Thursday, when the Packers beat the Bears 10-3 in the 2019-20 pro football opener.

The state Legislature voted earlier this year to approve sports betting at the four non-Indian casinos in New York, including Resorts World. The first to launch sports betting was Rivers Casino and Resort in Schenectady, on July 16.

The new sportsbook lounge at Resorts World enables patrons to watch a variety of sporting events and place wagers on them. The lounge, known as Sportsbook 360, includes more than three dozen 75-inch flat-screen TVs arranged in a circle around a central bar, and one 9-by-16-foot high-definition screen.

“We are thrilled to offer patrons access to Sportsbook 360 for a unique, integrated gaming and lounge experience within our casino resort,” Resorts World Catskills President Ryan Eller said in a prepared statement. “We are committed to providing unparalleled gaming to the region, and the sophistication of our sportsbook perfectly complements our diverse gaming offerings...."

Resorts World Catskills opened in February 2018 to much fanfare, but it has been a money-losing operation. Its parent company, Empire Resorts, has hinted at filing for bankruptcy and then being taken private by K.T. Lim, the Malaysian casino investor who is Empire's largest shareholder.

Empire reported a $36 million loss in the second quarter of this year following a loss of $37.5 million the previous quarter, according to Yogonet Gaming News, which covers the gambling industry. From the time Resorts World Catskills opened until June of this year, Empire has reported $211.5 million in losses, or about $13 million per month, Yogonet reported. 

Empire Resorts also operates Monticello Raceway, about 6 miles from Resorts World.