New York sports betting volume hits new weekly low with $184M handle

New York sports betting volume hits new weekly low with $184M handle

Article brief provided by NY Online Gambling
  • Mark Saxon, NY Online Gambling
July 24, 2022 7:35 PM
  • Mark Saxon, NY Online Gambling

A summer-long trend of declining sports betting volume in New York has reached a new low, at least for the moment.

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The nine licensed mobile sportsbook operators in the state produced combined handle of $183.9 million for the week ending July 17, the lowest weekly volume of action since New York launched mobile sports betting on Jan. 8, per the latest gaming commission report. The record might not last long, as this week is widely viewed as the quietest sports betting period of the year, with the only major U.S. team sport that’s active, Major League Baseball, pausing Monday through Wednesday for its All-Star break.