New York sportsbooks generate over $22bn in 2024 handle

1 day ago · The revenue figure, which represented a 20.1% year-over-year (YOY) drop from the same period of 2023, was the lowest all time for a $2bn-handle month. As a result, only …

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New York Sportsbooks Generate Over $22bn In 2024 Handle

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1 day ago · The revenue figure, which represented a 20.1% year-over-year (YOY) drop from the same period of 2023, was the lowest all time for a $2bn-handle month. As a result, only …

egr.global

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New York Wraps Up 2024 With 4th Straight $2B Handle Month

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4 days ago · New York online sports betting, the most lucrative market in the U.S., generated $22.7 billion in wagers during 2024. The nine sportsbooks also hauled in a little over $2 billion …

covers.com

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New York Just Short Of Sports Betting Handle Record In December

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2 days ago · Looking elsewhere in New York, Rush Street Interactive was the “best of the rest” in terms of revenue. Its monthly total for December was $2.9 million from a $46.4 million handle, …

igamingbusiness.com

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

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2 days ago · Despite the 11.1% yearly uptick in wagering handle, GGR generated by the state of New York in December 2024 fell by 22.4% year-over-year, settling at a figure of $150.4m. …

gamingamerica.com

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

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Jan 6, 2025 · The state ended 2024 on a high note as well, as the New York State Gaming Commission reported $519,802,405 in online sports betting handle for the week ending Dec. …

sportsbettingdime.com

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New York Reports Record-Breaking $2.3 Billion Sports Betting …

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Nov 12, 2024 · The New York State Gaming Commission (NYSGC) has published its latest sports betting and commercial casino figures for October 2024. While the state’s online sportsbooks …

sportsbookreview.com

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New York’s $2 Billion Sports Betting Handle In Sept. Rises 17% YoY

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Oct 17, 2024 · New York’s online operators combined to generate a $496.2 million handle in the week ending Oct. 6. Action fell 3.8% from the previous week when Empire State sportsbooks …

covers.com

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NY Sets U.S. Sports Betting Monthly Revenue Mark At $211M

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Feb 9, 2024 · Those are the only two monthly totals above $200 million in the post-PASPA era dating back to May 2018 when sports betting became possible in states outside of Nevada. …

sportshandle.com

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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 Sportsbooks Top $4 Billion In Total Revenue

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Jul 8, 2024 · New York also crossed $1 billion in sports betting revenue for the calendar year, and the 51% tax rate on mobile operators helped push that total over $500 million for 2024 to …

sportshandle.com

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New York Online Sports Betting Revenues Drop Despite Increase …

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Oct 15, 2024 · The New York State Gaming Commission released online sports betting handle and revenue information for September, revealing that sportsbooks handled $1.8 billion. This …

sportsbookreview.com

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New York Sportsbooks Hit Hard By Bettors In October - Covers.com

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Nov 8, 2024 · The Empire State’s nine online sportsbooks produced $176.3 million in revenue, down 13.9% month-over-month, on a record $2.3 billion handle.

covers.com

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New York Sportsbooks Reached New Heights In 2024

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4 days ago · The December performance, which saw a total handle of $2.28 billion, emerged as the second-highest monthly figure in the state’s betting history. ... Looking at the broader …

priceperplayer.com

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New York Sports Betting Handle Hits Streak Not Seen Since Jan '22

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2 days ago · Last year, online sports betting in New York generated $22.7 billion in wagers. Nine sportsbooks hauled in just over $2 billion in revenue. Their handle and revenue are the most …

cointelegraph.com

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New York Surprises With Near $2 Billion Handle In April 2024

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May 13, 2024 · It represents a 27.2% year-over-year spike from the $1.55 billion handle reported in April 2023 and is an over $100 million month-over-month improvement from the $1.85 billion …

sportsbookreview.com

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New York Mobile Sports Betting Tops $22 Billion In 2024

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2 days ago · New York’s mobile sports betting reached $22.62 billion in 2024, after a 12 per cent increase in December’s handle to $2.28 billion. Continue reading Subscribe for full access to …

gamingintelligence.com

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New Yorkers On Pace To Bet Over $21 Billion On Sports In 2024

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Dec 10, 2024 · Averaging these NFL betting months proves that New York sportsbooks could achieve $2 billion in revenue in 2024 before paying taxes to the state. Implications for the …

legalsportsbetting.com

FAQs about New York sportsbooks generate over $22bn in 2024 handle Coupon?

Is fanatics sportsbook New York's second best month of 2024?

Some noteworthy growth came from Fanatics Sportsbook NY, which had its second-best month of 2024 with $76.1 million in handle. And the $8.9 million in revenue is not only the best of 2024 but also the best for the licenseholder dating back to when PointsBet first launched in January 2022. ...

How much money did Kentucky sportsbooks make in 2024?

Kentucky needed just 4+ months to break the billion-dollar barrier in overall betting handle, and sportsbooks earned a whopping $138.2 million in gross revenue in the first six months of 2024 thanks to an 11.3% hold rate. ...

How much money does a sportsbook make a year?

New Jersey sportsbook revenue was second-best at just more than $1 billion. Illinois sports betting revenue was next at $882 million. This is the taxable revenue in each state’s market. It is what’s left over after sportsbooks pay winnings and deduct promotional credits. ...

How much money did online sports betting make in New York?

Online sports betting in New York generated $1.3 billion in handle, extending the industry’s streak of billion-dollar months to 12 for the longest such stretch in its history. Sportsbooks totaled $140.3 million in gross gaming revenue, reflecting a 4.8% spike month to month and about a 33.5% year-over-year increase. ...

How did Connecticut sports betting perform in November 2024?

Connecticut sports betting enjoyed a major bounce-back in November 2024 following a dismal October, taking in a year-high $30.7 million in gross revenue. And that's not good news for operators, who pay 13.75% on retail revenue and 18% on online earnings. ...

When did online sports betting start in New York?

Fortunately, in November 2021, the New York State Gaming Commission selected nine operators to launch NY online sportsbooks. The first betting apps went live Jan. 8, 2022, in time to capitalize on the NFL playoffs and the Super Bowl. In the first month of online betting in New York, sportsbooks generated nearly $1.7 billion in wagers placed. ...