Upstate New York Casinos have been struggling to keep up with a steady flow of revenues. As such in their bid to cut costs, earlier Resorts World Catskill and Tioga downs had approached the New York State Gaming Commission seeking permission to reduce the number of slot machines at the venues.
The two casinos managed to get the necessary approval from the gambling regulator. Following suit, another struggling Upstate New York Casino, del Lago Resort & Casino, on Monday, got the permission to reduce the number of slot machines.
Following the approval, the gambling operator can now have 1,650 slot machines instead of 1,650 – a decrease of 15 percent. The venue is also allowed to reduce the number of table games from 80 to 66.
The other to casinos, Catskills and Tioga Downs, had managed to get an approval for 26 percent and 5.3 percent respectively.
While the move to reduce slot machines is a way to respond to the weak gaming markets and helps in cost-cutting, del Lago management has other plans as well.
In a statement to the press, Steven A. Greenberg, spokesperson for del Lago said: “Del Lago Resort & Casino appreciates (Monday’s) action by the Gaming Commission. We look forward to soon begin constructing a beautiful new area where, working with our partner at DraftKings, we will be able to offer our customers sports gaming.”
All four Upstate New York casinos have not managed to generate as much revenues which they had expected while seeking casino licenses. As such, the casinos are relying on sports betting and have been seeking a reduction in slot machines.