New York Sports Bets Drop Slightly as Weekly Revenue Stays …

Nov 29, 2024  · The New York Gaming Commission reported a $489.9 million handle during the week of Nov. 24, down slightly from $491.6 million the previous week and a 5.2% decrease year-over-year.


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New York Sports Bets Drop Slightly As Weekly Revenue Stays …

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Nov 29, 2024  · The New York Gaming Commission reported a $489.9 million handle during the week of Nov. 24, down slightly from $491.6 million the previous week and a 5.2% decrease year-over-year.

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New York Sports Bets Dip As Weekly Hold Stays Above $20 Million

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New York, the United States' most lucrative sports betting market, saw a slight decrease in wagering action the week before Thanksgiving.

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New York Sets New Weekly Sports Betting Handle Record

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Oct 31, 2024  · The first handle of more than $10 million was followed by a modest 6.4% hold that led to $727,703 in revenue, the second-highest for the PENN Entertainment platform in New …

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New York Online Sports Betting Revenues Drop Despite Increase …

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Oct 15, 2024  · The New York State Gaming Commission released online sports betting handle and revenue information for September, revealing that sportsbooks handled $1.8 billion. This …

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New York Tops $2 Billion Handle, $200 Million Sportsbook …

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Oct 16, 2024  · New York's sportsbooks had one of the busiest and best months of the post-PASPA era of sports wagering in the United States, surpassing $2 billion in handle and …

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New York Sports Betting Revenue Slips In September

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Oct 14, 2024  · Rush Street Interactive took $3.5m in revenue from $43.4m handle, for an 8.06% hold. Next, Bally Bet had $1.1m in revenue from $10.7m for a 10.28% hold, then Resorts …

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New York Sports Betting Hits Record-Breaking Weekly Revenue

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Oct 25, 2023  · In the 93 weeks since New York’s mobile sports betting launched in Jan. 2022, they collectively posted an all-time high hold of 15.4%. This surpasses the previous record, …

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New York Sports Bets Drop Slightly As Weekly Revenue Stays …

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Nov 29, 2024  · New York Sports Bets Drop Slightly as Weekly Revenue Stays Above $20M 11/29/2024 2:03 PM ... The heavy dose of holiday sports wagering should produce more …

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New York Sports Betting Handle Up, Revenue Down In October

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Nov 14, 2024  · October brought a treat and a trick to New York mobile sports betting.. The treat? Handle finished at $2.3 billion, good for the highest total in 2024, according to the latest data …

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New York Sportsbooks Hit Hard By Bettors In October - Covers.com

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Nov 8, 2024  · BetRivers was just slightly ahead of ESPN BET, reporting $45.8 million in wagers and $3.5 million in gross revenue. Still, the New York sports betting newcomer with a big …

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New York Mobile Sports Betting Revenue Hits Record In …

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Dec 6, 2024  · For example, New York sports betting apps attracted a record-high sports betting handle of $2.3 billion but only generated $176.3 million in revenues. That’s less than the state …

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New York Sports Wagering Operators Post Small Gain In July

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Aug 9, 2022  · The New York State Gaming Commission reported overall sports betting revenue totaling nearly $73.9 million for July, a small month-over-month increase despite a sharp …

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New York Sets New Online Sports Betting Revenue Record

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4 days ago  · Revenue from online and mobile sports wagering in New York reached $231.6 million in November, setting a new monthly record in the process. At the same time, the NY …

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In September, New York Generated Over $200 Million In Sports …

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Oct 17, 2024  · In their first four days of legal betting action in New York, ESPN BET generated over a $4 million handle. That was only 0.19% of all wagering for the month. The company …

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As Games Continue, Sports Betting Grows In New York - Spectrum …

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Nov 1, 2023  · “New York also has a 51% tax on sports gambling, the highest in the country," he said. Of those bets, the state got more than $380 million in tax revenue. For this season, the …

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July Sports Betting Revenue Spikes 43% Year-Over-Year In New York

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Aug 10, 2023  · New York sports betting garnered $53.6 million in taxes, ... New York Sports Bets Drop Slightly as Weekly Revenue Stays Above $20M Brad Senkiw | Nov 29, 2024.

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In October, New York Sportsbooks Saw Its Revenue ... - Sportscasting

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Nov 11, 2024  · In October, the nine online sportsbooks in New York combined for $176.3 million in revenue. That was up 6% year-over-year but was down 13.9% from their figures in …

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New York Sports Betting Operators Combine For 26% Rise In …

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Jul 15, 2024  · The New York Gaming Commission reported that the nine online sports betting operators combined to haul in $36.7 million in revenue, up 26% from the previous week, on a …

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FAQs about New York Sports Bets Drop Slightly as Weekly Revenue Stays … Coupon?

How much money did online sports betting make in New York?

A small increase in action for the week ending July 7 didn’t hamper a bigger week-over-week revenue gain in the Empire State. The New York Gaming Commission reported that the nine online sports betting operators combined to haul in $36.7 million in revenue, up 26% from the previous week, on a handle of $323.9 million. ...

How much tax revenue does New York generate from sports betting?

In October 2021, New York generated roughly 52 million U.S. dollars in tax revenue from sports betting, down from the previous month's total of 58.35 million U.S. dollars. Get notified via email when this statistic is updated. ...

How much money did sports betting make in July?

The New York State Gaming Commission reported overall sports betting revenue totaling nearly $73.9 million for July, a small month-over-month increase despite a sharp decline in handle. Operators posted a 2% improvement from June’s $72.4 million, with mobile operators getting some help from the Empire State’s four retail books. ...

What is New York sports betting?

New York sports betting revolves around nine of the best sports betting sites in the U.S., with each offering NY sportsbook promos and welcome bonuses worth up to $1,660. We cut through the clutter to showcase the top legal New York sportsbooks and apply the utmost quality standards backed by our Covers BetSmart Rating. ...

How much money did New York collect on mobile betting in July?

July’s overall hold of 9.2% was the highest since New York launched mobile betting, topping the previous high of 8.7% established in May. New York collected more than $37.4 million in taxes on the month, becoming the first state in the post-PASPA era to surpass $350 million in tax receipts. ...

Is the summer legal sports betting lull over?

If early August numbers are any indication, the summer legal sports betting lull in New York might be over, and the Empire State’s eight online sports betting sites didn't make out too poorly. July’s handle dropped for the fourth consecutive month, but wagers were up 20% year-over-year while revenue spiked 43% from the same period in 2022. ...

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