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Zona de Azar USA – New York Mobile Sports Wagering Handle Exceeds $2BN

 

USA.- December 13, 2023 www.zonadeazar.com The New York Gaming Commission has reported its mobile sports wagering figures for November, recording its highest ever figure for mobile sports wagering handle, valued at $2.1bn.

This comes a month after the Empire State alrady became the first state in the US to surpass the $2bn handle mark in October, meaning total mobile sports wagering handle in New York for the current fiscal year has risen above $12bn.

Despite the continued increase in wagering handle, mobile sports wagering gross gaming revenue did decrease in the month of November to $150.9m from $166.3m in October, but it was enough to mean that, for the current fiscal year, gross gaming revenue for mobile sports wagering has surpassed $1bn.

New York mobile sports wagering handle for fiscal year 23/242.50 BN2.00 BN1.50 BN1.00 BN500.00 M0.00

Looking on a more individual basis, the month of November saw FanDuel Sportsbook increase its mobile sports wagering handle from $891.9m in October to $925.4m.

Meanwhile, BetMGM recorded a third month in a row in which its mobile sports wagering handle hit over $100m – sitting at $120.6m for November; DraftKings Sportsbook increased its mobile sports wagering handle from $652.3m in October to $732.1m, while Caesars Sportsbook surpassed $200m in its mobile sports wagering handle for the first time in the 2023/2024 current fiscal year.

The total net revenue for education in New York for the month of November sat at just shy of $77m, while net revenue to platform providers was just short of $74m.

In other New York news, towards the end of last month, the Adams administration proposed extensive zoning changes to allow casino development across wide areas of New York City.

Edited by @pererarte   www.zonadeazar.com

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