New York sports betting revenue slips in September

Oct 14, 2024  · Total sports betting handle in New York during September was $1.80bn (£1.38bn/€1.65bn). This is 2.3% up on last year and 25.0% ahead of August this year. Data released by the New York State Gaming Commission this week also shows GGR in …


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New York Sports Betting Revenue Slips In September

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Oct 14, 2024  · Total sports betting handle in New York during September was $1.80bn (£1.38bn/€1.65bn). This is 2.3% up on last year and 25.0% ahead of August this year. Data released by the New York State Gaming Commission this week also shows GGR in …

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

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Oct 17, 2024  · Revenue was up 23.5% year-over-year in New York and they had a 9.9% hold. Of the 14 states that have published their figures from September, New York is the first to have …

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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 …

sportsbookreview.com

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New York Eclipses $2 Billion In Sports Betting Handle In September

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Oct 17, 2024  · The New York sports betting newcomer got off to a better start in the first week of October, recording $1.1 million of revenue on a $9.1 million hande, thanks to a 12.6% hold.

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New York Reports Massive Sports Betting Month Of September

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Oct 17, 2024  · The New York State Gaming Commission reported the final sports betting totals for September, which saw users bet more than $2 billion during the month and saw the state take …

sportsbettingdime.com

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New York Sports Betting: Market And Tax Revenue Projections

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Oct 17, 2024  · September 2024 NY sports betting revenue highlights. Online sports betting in New York generated $2.07 billion in handle. It marks the second-highest monthly total to date …

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NY Sportsbooks Generate Record $166.8M Revenue In September

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Oct 6, 2023  · The New York State Gaming Commission reported Thursday a record $166.8 million in sports wagering adjusted gross revenue for September, the second-highest monthly total …

sportshandle.com

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New York Mobile Sports Betting Revenue Hits Record $165.6m - IGB

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Oct 9, 2023  · Revenue was up 15.6% from $143.3m in New York in September 2022 and 68.1% more than $98.5m in August this year. This is according to figures published by the New York …

igamingbusiness.com

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New York Sports Betting Revenue Hits Record $143.3m In September

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Oct 10, 2022  · Sports betting revenue in New York reached a record $143.3m in September as consumer spending hit its highest monthly total since May. Gross gaming revenue from sports …

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New York Sportsbooks Hit Record-Breaking Gold Surpassing $166 …

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Oct 17, 2023  · September was a banner month for New York sportsbooks as they generated over $166 million in adjusted gross revenue, a state record and the second-highest in the post …

oddstrader.com

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NY Sports Betting Nets Record $73 Million In Tax Revenue In Sept.

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Oct 10, 2022  · September was the first month above $1 billion in handle in New York since June. Since online sports betting launched in the first month of 2022, sportsbooks in New York have …

nysportsday.com

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New York Sports Betting: Wagers Reach Over $1 Billion In …

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Oct 7, 2022  · The New York State Gaming Commission announced September’s sports betting numbers and mobile sportsbooks took in $1.25 billion in bets — a 30% spike from August’s …

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US Sports Betting Revenue & Handle Tracker By State - Gaming …

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Aug 9, 2024  · Top 2023 Sports Betting Revenue State: New York – $1,697,297,602 New York led the way in sports betting revenue in 2023, with more than $1.6 billion in revenue. New Jersey …

gamingtoday.com

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NY Online Sports Betting Generates $65 Million In September …

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Sep 29, 2023  · The New York State Gaming Commission reported $428.34 million in online sports betting handle for the week ending Sept. 24; The commissioner reported $35.9 million in gross …

sportsbettingdime.com

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New York Becomes First State To Top $2 Billion In Monthly Handle

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Nov 9, 2023  · New York’s coffers received $84.8 million in state taxes from mobile betting in October, lifting the overall amount for the year to $688.8 million. All-time mobile handle …

sportshandle.com

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New York Sports Betting Revenue Hits Record $143.3m In September

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Oct 10, 2022  · Sports betting revenue in New York reached a record $143.3m (£130.1m/€147.7m) in September as consumer spending hit its highest monthly total since May. Gross gaming …

igamingbusiness.com

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New York Sports Betting Revenue Trend Analysis

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Nov 20, 2024  · New York’s sports betting revenue is primarily generated through the following channels: Online Sportsbooks : Subject to a 51% sports betting taxes NY—one of the highest …

hudsonreporter.com

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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 …

deadspin.com

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

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11 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 …

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FAQs about New York sports betting revenue slips in September Coupon?

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

Online sports betting in New York generated $1.3 billion in handle, extending the industry’s streak of billion-dollar months to 12 for the longest such stretch in its history. Sportsbooks totaled $140.3 million in gross gaming revenue, reflecting a 4.8% spike month to month and about a 33.5% year-over-year increase. ...

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. ...

How much money does sports betting make in 2023?

New York led the way in sports betting revenue in 2023, with more than $1.6 billion in revenue. New Jersey sportsbook revenue was second-best at just more than $1 billion. Illinois sports betting revenue was next at $882 million. This is the taxable revenue in each state’s market. ...

When did online sports betting start in New York?

Fortunately, in November 2021, the New York State Gaming Commission selected nine operators to launch NY online sportsbooks. The first betting apps went live Jan. 8, 2022, in time to capitalize on the NFL playoffs and the Super Bowl. In the first month of online betting in New York, sportsbooks generated nearly $1.7 billion in wagers placed. ...

How much money do betting apps make in New York?

That would lead to $750 million in revenue and $375 million in tax revenue to the state. New York got off to a good start, as NY betting apps combined for nearly $1.7 billion in handle and over $63 million in tax revenue in the first 24 days of operation. ...

Who is responsible for sports betting tax revenue in Nevada?

The Empire State is responsible for approximately 37% of sports betting tax revenue. The Nevada Gaming Control Board does not release handle and revenue information for individual sportsbooks. The primacy of Nevada sportsbooks in national market share has lessened every year as legal sports betting spreads to more states. ...

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