New York Gamblers Wagered $2 Billion on Mobile in 30 Days

This story was published more than 1 year ago.

Mobile sportsbetting is in its first days in New York state, but the activity is proving to be attractive to gamblers, who placed $1.98 billion on mobile wagers in the first 30 days that they were available.

The first 30 days saw the huge sum raised, according to the New York State Gaming Commission. Football was the most popular sport, with $600 million wagered. Basketball was second at $540 million, while ice hockey had $80 million in action.

Taxes generated were $70.6 million on $138.5 million in gross gaming revenues for books.

Betting location software group GeoComply said that there were 187 million betting transactions from the month from 1.76 million unique player accounts.

Caesars seems to have a lead in terms of handle for the first month, with $702.7 million wagered. FanDuel was second at $632 million wagered, and DraftKings was third with $454.9 million in handle.

These numbers indicate a monthly US sportsbetting handle record, as the state's regulator said that New York beat New Jersey's previous total of $1.63 billion wagered in just 23 days.

Commenting on the successful launch New York Governor Kathy Hochul said, "Over the past month, we've seen how mobile sports wagering can be an economic engine for New York, driving significant funding to our schools, youth sports, and so much more.

"As this new industry continues to grow, New York will make sure we have the resources and guidelines in place to make it a success for all."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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15 February 2022 - 11:32pm

That's a huge milestone in terms of bets, and I am sure that this number will only increase due to different providers now opening up in the US market. Also it's interesting that this number was achieved in 30 days (presuming it's for January) as usually January is a slow month for casinos because of people spending most of their money for the holiday shopping.