Everyone knew online sports betting in New York would become the biggest industry in the country. But this quick? Not a chance.
Yet here sits the Empire State, 71 weeks into legal online sports betting, already challenging the likes of New Jersey and Nevada for highest handle, closing in on New Jersey for highest revenue, and the far-and-away No. 1 in state tax revenue.
On Friday, the New York State Gaming Commission released NY sports betting totals for the week ending May 14. The totals do not turn heads ($318 million in handle, the state’s lowest since September), but the significance does.
Last week, New York crossed $2 billion in lifetime gross gaming revenue.
