Published
OnlineFinancialSports BettingIndustryResults

New York mobile sports wagering handle exceeds $2bn for consecutive months

Gross gaming revenue decreased compared to October, however. 

nyc nov numbers
Listen To Article

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. 

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.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...