The Empire State’s nine sports betting operators are finding their groove in November following a rough run in mid-October.
The New York Gaming Commission reported a handle of $527.2 million in the week ending Nov. 10, down 5.6% from the previous period but the fourth consecutive week with wagers above $500 million for the first time ever. A 10.5% hold during Week 10 in the NFL led to $55.2 million in gross revenue, a 5.5% increase.
It’s the first time since wagering went live in January 2022 that Empire State mobile sportsbooks combined to produce more than $50 million in revenue for three consecutive weeks.
Compared to Week 10 in 2023, dollars wagered were up 16% while revenue increased 25.7% year-over-year.
