Analysts report lower New York sports betting hold and November Nevada revenue
Analysts David Katz, Barry Jonas and Joseph Greff reported lower New York online sports betting hold and declines in several Nevada gaming revenue measures. Katz put New York’s fourth-quarter hold at about 8.3%; Greff reported November Las Vegas Strip revenue of $788.7 million, down 3.9% year on year, and statewide revenue of $1.32 billion, down 4.2%.
The reported hold and revenue movements inform operator and investor assessments of New York and Nevada market performance.