Rivers Casino’s 9th week of operation generated its worst week of revenues yet at Mohawk Harbor in Schenectady. Revenues were down for the 6th time in 7 weeks, registering at $2,669,892, a reduction of 7.86% from the prior week’s dismal numbers. Its closest geographic competitor, Saratoga Casino & Hotel, saw a much smaller reduction last week of 1.5%. Here is a composite of the reported numbers on the Racing Commission site:
For more information and discussion about revenues at the Mohawk Harbor Casino, see our posting on April 7, 2017, which has relevant charts and links; short URL: http://tinyurl.com/RiversDown .
The Schenectady Casino started daily poker tournaments last Monday, April 10, 2017, in the hope of increasing revenues. [see Gazette coverage, and Times Union coverage of the poker strategy] Those results will not be public until next Friday, April 21, 2017.
A shorter URL to use to share this posting is http://tinyurl.com/RiversRevsDown .
. . for discussion of projected revenues, check out what do those Casino revenue figures mean? (March 5, 2017); and “the unpromising future of casino gambling” (July 14, 2014).