The Empire State’s nine legal sports betting online sportsbooks suffered through their slowest week in nearly a year in the most recent period ending July 16.
The New York Gaming Commission reported a weekly handle of $161.96 million, the lowest since the week of July 24, 2022, and the first time with wagers totaling under $200 million for the first time since late August 2022.
The handle for betting sites was 32% less than the previous week, marking the eighth consecutive week under $300 million.
Revenue slipped 23.7% week-over-week from $22.8 million to 17.4 million on July 16. It ended back-to-back weeks of $20 million in profits.