New York Sets Sports Betting Revenue Record in January

Feb 15, 2024 · New York sportsbooks brought in a record-setting $211.7 million in sports betting revenue in January, even as the state's overall betting handle dropped from December.

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New York Sets Sports Betting Revenue Record In January

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Feb 15, 2024 · New York sportsbooks brought in a record-setting $211.7 million in sports betting revenue in January, even as the state's overall betting handle dropped from December.

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Sports Betting In New York Generates Record $211M In January …

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Feb 10, 2024 · It’s starting to become a curiosity if sports betting in New York will have a month where something remarkable DOESN’T happen.. After a record-breaking 2023, NY …

playny.com

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New York Breaks Online Sports Betting Revenue Record Again In …

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Feb 12, 2024 · New York set a new online sports betting revenue record for the second consecutive month during January, with operators generating $211.5m (£167.5m/€196.1m). …

igamingbusiness.com

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New York Smashes Online Sports Betting Revenue Record In January

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Feb 12, 2024 · New York has once again broken its online sports betting revenue record in January, with licensed operators combining to generate $211.5m in GGR. This marked a …

next.io

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Sports Betting Revenue In New York Reaches New High In January

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Feb 16, 2024 · New York’s sports betting previous revenue record lasted exactly one month before a blizzard of bets in January eclipsed December 2023’s mark by over $23 million, while …

oddstrader.com

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New York Online Sports Betting Revenue Tops $1 Billion In 2024, …

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2 days ago · New York has reinforced its position as the leader in U.S. online sports betting, becoming the first state to surpass $1 billion in annual tax revenue from the sector.The state’s …

yogonet.com

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New York Sportsbooks Post Record $211M In Revenue In January

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Feb 14, 2024 · New York online sportsbooks generated a record $211 million in gross gaming revenue last month. The New York State Gaming Commission reported a $1.9 billion sports …

sbcamericas.com

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New York Sets All-Time State Sports Betting Handle Record Of …

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Jan 11, 2023 · Although New York's $1.6 billion handle was the highest of any state that has thus far reported, sports betting revenue in December declined 4.3% to $142 million compared to …

covers.com

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New York Sets Record For Sports Betting Tax Revenue At $267 …

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Jun 2, 2022 · On Tuesday, Governor Kathy Hochul announced that New York had set a record for legal wagering states with $267 million in tax dollars in just under five months of operation. …

lineups.com

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New York Betting Operators Set New $188.3M Revenue Record

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Jan 5, 2024 · Over the last few months, mobile sports betting operators in New York have reported exceptional results. The betting handle reported by the operators in October hit a $2 …

gamblingnews.com

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Sports Betting Tax Revenue: States, Sportsbooks, And Consumers

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Dec 10, 2024 · New York adopted statewide legal sports betting markets in January 2022. In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, …

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New York Sportsbooks Generated $61 Million In Revenue

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Jan 7, 2025 · The New York Gaming Commission reported that nine online operators combined for $61.5 million for the week ending on December 29. That was the state’s second-highest …

sportscasting.com

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New York Online Sports Betting Tops $1 Billion In Tax Revenue For …

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Jan 6, 2025 · New York has smashed sports betting records for 2024. With still a few days left unreported in 2024, the New York State Gaming Commission has reported that the state has …

sportsbettingdime.com

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New York Just Short Of Sports Betting Handle Record In December

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2 days ago · Players in New York spent $2.28 billion (£1.88 billion/€2.23 billion) betting on sports online in December, the second highest monthly amount since the state opened its legal …

igamingbusiness.com

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New York Sports Wagering Handle Hits $2.28bn In December, …

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2 days ago · During the month of December, New York-based clinicians also raised concerns over gambling addiction in the state, which initially legalized mobile sports betting in January 2022. …

gamingamerica.com

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Latest NFL Season Highlights Financial Risks For Sports Betting ...

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5 days ago · Commercial sports betting revenue in the U.S. surged 27% to just under $11.1 billion through October in 2024, compared with the same 10-month period in 2023, according to the …

usnews.com

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Michigan Sets New IGaming Records: November Report - Deadspin

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1 day ago · New iGaming revenue record set in Michigan in November 2024 ... November Sees New York Set $231.6 Million Online Sports Betting Revenue Record ... NFL Wild Card Sunday …

deadspin.com

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New York Casinos Generate $54.9 Million In Revenues In December

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1 day ago · New York has reported its casino financials for December 2024, showing a slight decline from last December. ... January 14, 2025 8:02 AM EST • 1 min 43 sec read. ... Oregon …

sportsbookreview.com

FAQs about New York Sets Sports Betting Revenue Record in January Coupon?

How much money did New York raise from sports betting?

In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. Table 3 shows the handle, GGR, hold, and tax collections from all states that reported legal sports gaming revenues in fiscal year 2023. ...

When did sports betting become legal in New York?

New York adopted statewide legal sports betting markets in January 2022. In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. ...

How much money do sports betting taxes make in 2023?

revenue from sports betting taxes in fiscal year 2023. State statutory sports betting tax rates range from 6.75 percent in Nevada and Iowa to 51 percent in New Hampshire, New York, and Rhode Island. New York generated more than $800 million in sports betting tax revenue in 2023, while South Dakota raised less than $100,000. ...

Is online sports betting legal in New York?

The news comes just as the Empire State marked its one-year anniversary of entering the U.S. legal online sports wagering market. New York ended its first year of legal sports betting by setting an all-time annual handle record of $16.2 billion, smashing past the previous yearly high of $10.9 billion set by New Jersey in 2021. ...

Which states tax sports betting?

State statutory sports betting tax rates range from 6.75 percent in Nevada and Iowa to 51 percent in New Hampshire, New York, and Rhode Island. New York generated more than $800 million in sports betting tax revenue in 2023, while South Dakota raised less than $100,000. Low-rate taxes based on net gaming revenue make an effective tax design. ...

What happened to sports wagering in New York?

The New York State Gaming Commission released retail sports wagering numbers for the month of January on Monday, making official the final counts as the Empire State bettered its national all-time monthly records for handle, revenue, and tax receipts. ...