Books post first billion-dollar July as New York nears $50B in lifetime handle

Sunday, August 11, 2024 2:36 PM
Photo: Shutterstock
  • Grant Lucas, PlayNY

Relative to the rest of the calendar months, yes, July was a down period for New York sportsbooks. It always is.

But the NY sports betting industry saw its streak of months with over $1 billion in accepted wagers extend to 12 as sportsbooks reported $1.26 billion in handle for the first billion-dollar July in the young history of New York sports betting. The run of 12 straight months is also a state record.

In addition, operators combined for $140.33 million in gross gaming revenue.

Those handle (up 31.2%) and revenue (up 33.5%) totals represent skyrocketing increases from 2023. And while the overall handle is down month-to-month and the state’s lowest since August 2023, that is to be expected.