New York: No sophomore slump for mobile sports betting in 2023

Wednesday, January 10, 2024 3:39 PM
  • Chris Altruda, SportsHandle

After somehow exceeding sky-high expectations during the state’s first year with betting apps in 2022, all New York sports betting participants did for an encore in 2023 was place some $3 billion more worth of bets.

The New York State Gaming Commission put a bow on the 2023 sports wagering numbers with Monday’s release of retail betting figures from its four commercial sportsbooks, and total handle for the year came out just shy of $19.2 billion. The $11.8 million worth of accepted retail wagers in December and $987,000-plus in operator revenues were solid figures for the brick-and-mortar venues to close out 2023, but both numbers left the retail books slightly off totals for 2022.

Not that the $2.2 million dip in retail handle for the year and $572,000 decline in operator winnings matter much in the big picture for the Empire State.