New York sets U.S. sports betting monthly revenue record at $211 million

New York sets U.S. sports betting monthly revenue record at $211 million

Article brief provided by Sports Handle
  • Chris Altruda, Sports Handle
February 11, 2024 9:18 AM
  • Chris Altruda, Sports Handle

King of the hill and, once more, top of the heap.

The New York State Gaming Commission reported a United States monthly record of $211.7 million in sports wagering revenue for January on Friday, once more giving the Empire State the “Triple Crown” of sports betting’s top all-time spots in monthly handle, operator winnings, and state tax generated.

Fueled by FanDuel becoming the first mobile sportsbook to surpass $100 million in monthly revenue with about $109.2 million, New York’s revenue figure bettered the previous mark of $209.1 million set by Ohio when it launched in January 2023. Those are the only two monthly totals above $200 million in the post-PASPA era dating back to May 2018 when sports betting became possible in states outside of Nevada.