New York smashes online sports betting revenue record in January

Feb 12, 2024  · Last month, FanDuel generated $109.2m in online sports betting revenue, marking the highest figure ever reported by a single operator in New York, handling $867.1m in wagers for January. Meanwhile, DraftKings secured second spot with $71m in revenue, also marking its …


Install CouponFollow Chrome Extension   CouponFollow Extension

$109
OFF

New York Smashes Online Sports Betting Revenue Record In January

4 weeks from now

Feb 12, 2024  · Last month, FanDuel generated $109.2m in online sports betting revenue, marking the highest figure ever reported by a single operator in New York, handling $867.1m in wagers for January. Meanwhile, DraftKings secured second spot with $71m in revenue, also marking its …

next.io

$752478
OFF

New York Breaks Online Sports Betting Revenue Record Again In …

4 weeks from now

Feb 12, 2024  · Resorts World Bet posted $752,478 from $6.9m and Bally Bet $425,689 off $9.9m. Rounding off the market is Wynn Interactive with $358,497 in revenue off an $8.8m total …

igamingbusiness.com

$1.79
OFF

New York Smashes Betting Revenue And Handle Records In January

4 weeks from now

Feb 10, 2023  · Handle for the month amounted to $1.79bn, surpassing the previous record of $1.67bn set in the same month last year, although the January 2022 figure only included part …

igamingbusiness.com

$211
OFF

New York Sets Sports Betting Revenue Record In January

4 weeks from now

Feb 15, 2024  · New York sportsbooks brought in a record-setting $211.7 million in sports betting revenue in January, even as the state's overall betting handle dropped from December.

sportsbookreview.com

$211
OFF

New York Sportsbooks Post Record $211M In Revenue In January

4 weeks from now

Feb 14, 2024  · The New York gaming market is continuing to break records.. The New York State Gaming Commission reported a $1.9 billion online sports betting handle in January, up from …

sbcamericas.com

90%
OFF

New York Smashes US Monthly Handle Record As Online Sports …

4 weeks from now

Feb 7, 2022  · New York’s three leading online sports betting operators secured market share of more than 90% in January. ... Betting; New York smashes US monthly handle record as online …

igamingnext.com

$445664675
OFF

New York Reports Most Lucrative Sports Betting Week Since Launch

4 weeks from now

Jan 19, 2024  · The New York State Gaming Commission reported $445,664,675 million in online sports betting handle for the week ending Jan. 14 and more than $67.2 million in gross gaming …

sportsbettingdime.com

$3.57
OFF

New York Marks Record Sports Betting Revenue In January

4 weeks from now

Feb 15, 2021  · New York’s four sports betting facilities posted a state record for revenue in January 2021 with a recorded $3.570 million in GGR. Rivers Casino and Resort brought in the …

legalsportsbetting.com

$1
OFF

New York Reports $1.5B In 2023 Sports Betting Tax Revenue - SBC …

4 weeks from now

Jan 16, 2024  · America’s largest mobile sports betting market is continuing to generate record results. New York has generated more than $1.55 billion in tax revenue from mobile sports …

sbcamericas.com

$211
OFF

New York Sets Fresh Sports Betting Revenue Record

4 weeks from now

Dec 6, 2024  · The latest figure beat the previous record of $211.5m, set in January this year, by 9.5 per cent. The revenue record follows a record for sports betting wagers set in October of …

intergameonline.com

6%
OFF

New York Sets New Online Sports Betting Revenue Record

4 weeks from now

4 days ago  · NY sports betting revenue hits a $231.6 million record November handle is up 7.6% from last year The previous revenue record was $211.5 million in January 2024 Revenue from …

deadspin.com

$188
OFF

New York Smashes Online Sports Betting Revenue Record In …

4 weeks from now

Jan 5, 2024  · New York set a new online sports betting revenue record of $188.3m (£148.7m/€172.3m) in December, while the state’s handle fell just short of November’s all-time …

igamingbusiness.com

$274
OFF

FanDuel Smashes New York Weekly Mobile Handle Record

4 weeks from now

Nov 2, 2023  · The New York State Gaming Commission reported Wednesday that FanDuel accepted $274.7 million worth of wagers through online betting and its mobile betting app for …

sportshandle.com

4%
OFF

NY Hits $231.6 Million Record In November Sports Betting Revenue

4 weeks from now

2 days ago  · New York sets a new record with $231.6 million in November online sports betting revenue, the highest since the launch in 2022. ... also represents a 31.4% rise from October’s …

betting.us

90%
OFF

New York Smashes US Monthly Handle Record As Online Sports …

4 weeks from now

Feb 7, 2022  · New York’s three leading online sports betting operators secured market share of more than 90% in January.

next.io

$800
OFF

Sports Betting Tax Revenue: States, Sportsbooks, And Consumers

4 weeks from now

Dec 10, 2024  · In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. Table 3 shows …

taxfoundation.org

333%
OFF

Michigan Sets New Monthly Handle Record With $671M In …

4 weeks from now

12 hours ago  · Adjusted revenue of $39 million from online and retail sports betting in Michigan jumped a massive 333% month-over-month. The 9% hold on gross revenue was up from the …

covers.com

5%
OFF

New York Sets Online Sports Betting Revenue Record In November

4 weeks from now

Dec 6, 2024  · Revenue from online sports betting was 53.5% higher than $150.9 million in November last year.It also surpassed the $176.3 million posted in New York in October this …

igamingbusiness.com

FAQs about New York smashes online sports betting revenue record in January Coupon?

How much money did New York raise from sports betting?

In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. Table 3 shows the handle, GGR, hold, and tax collections from all states that reported legal sports gaming revenues in fiscal year 2023. ...

When did sports betting become legal in New York?

New York adopted statewide legal sports betting markets in January 2022. In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. ...

How much money do sports betting taxes make in 2023?

revenue from sports betting taxes in fiscal year 2023. State statutory sports betting tax rates range from 6.75 percent in Nevada and Iowa to 51 percent in New Hampshire, New York, and Rhode Island. New York generated more than $800 million in sports betting tax revenue in 2023, while South Dakota raised less than $100,000. ...

Which states tax sports betting?

State statutory sports betting tax rates range from 6.75 percent in Nevada and Iowa to 51 percent in New Hampshire, New York, and Rhode Island. New York generated more than $800 million in sports betting tax revenue in 2023, while South Dakota raised less than $100,000. Low-rate taxes based on net gaming revenue make an effective tax design. ...

How much is online sports betting tax?

Figure 1 shows the distribution of online sports betting tax rates across U.S. states. New Hampshire, New York, and Rhode Island apply the highest tax rate to sportsbooks at 51 percent. However, these statutory rates don’t tell the entire story. ...

Should sports betting be taxed based on net gaming revenue?

Low-rate taxes based on net gaming revenue make an effective tax design. Consumers legally wagered more than $100 billion on sporting contests in 2023, creating more than $1.8 billion in state revenue. Sports betting is now legal in 38 states and the District of Columbia, and the landscape is rapidly evolving. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension