New York’s mobile sports betting handle surpasses $40 billion since launch

New York’s mobile sports betting handle surpasses $40 billion since launch

Article brief provided by Sports Handle
  • Chris Altruda, Sports Handle
March 24, 2024 1:08 PM
  • Chris Altruda, Sports Handle

New York mobile sports betting handle Friday surpassed $40 billion since launch after the state’s gaming commission reported $445.3 million worth of wagers placed for the week ending March 17.

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The Empire State accomplished the feat in a mind-bending 115 weeks since the first wagers were placed via sports betting apps in January 2022. New York joins neighboring New Jersey as the only states to reach the $40 billion benchmark since sports betting expanded on a state-by-state basis in 2018, with Nevada within $1.5 billion while awaiting its February report.

The milestone came as part of a good week for the group of nine digital operators, which claimed $40.2 million in sports betting revenue to post a collective 9%-plus hold.