New York sports bettors picked up the pace in September, placing $1.26 billion in wagers for the month, the highest handle since May — but the fall recovery hasn’t been as robust as some in the industry had hoped.
The Empire State hasn’t quite returned to the levels of the giddy early months after it launched legal sports betting on Jan. 8, according to the latest New York Gaming Commission monthly report. The first three months produced handles of greater than $1.5 billion, a mark New York hasn’t cleared since March.
Prior to the start of football season, using the NFL betting in other states as a guide, Sports Handle‘s Chris Altruda estimated New York would produce a handle of $1.43 billion in September and $1.9 billion in October.
