New York sportsbooks set revenue record in September, clearing $165 million

New York sportsbooks set revenue record in September, clearing $165 million

Article brief provided by Play NY
  • David Danzis , Play NY
October 13, 2023 3:27 PM
  • David Danzis , Play NY

New York sportsbooks broke the monthly revenue record in September, narrowly besting the previous high set earlier this year.

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Online sports betting in NY generated nearly $165.6 million last month, according to the New York State Gaming Commission. In March, NY sportsbooks reported $162.8 million in revenue.

State tax collections also hit an all-time high as a result. New York mobile sports betting produced more than $84.4 million in taxes in September, up slightly from the $83 million reported in March.

The books’ good fortune in September was the result of nearly $1.76 billion in legal wagers, according to the NYSGC data. Year-over-year, last month’s handle is a 40% increase compared to September 2022.