New York’s weekly sports betting handle tops $200M for first time since early July

New York’s weekly sports betting handle tops $200M for first time since early July

Article brief provided by Covers
  • Jared Hochman, Covers
August 28, 2022 11:04 PM
  • Jared Hochman, Covers

After a slow dip through June and July, online sports betting in New York continues to rebound in the ramp-up to a busy fall season.

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Numbers released on Thursday by the New York State Gaming Commission show the state’s nine online sportsbooks topped $200 million in handle during the week ended August 21 – the first time cracking the $200-million threshold since the week ended July 3.

Up roughly $3 million from the previous week, this marks the fourth week in a row in which the legal sports betting handle increased in the Empire State, following a summer that saw weekly handle numbers drop by nearly $100 million over a seven-week span.