New York Tops $1.6 Billion In Mobile Sports Betting In January

Finance News

New York state shattered the mobile sports betting record in less than a month of operation, according to data released by the New York State Gaming Commission on Friday.

The Empire State handled roughly $1.62 billion in sports wagers from Jan. 8-Jan. 30, more than doubling the previous opening month record set by Arizona. The number also eclipses the record for sports wagers handled in any single month, set by New Jersey with $1.3 billion in October 2021.

From Jan. 8 to Jan. 30, the total gross gaming revenues for the six active sportsbooks have been reported at $107.5 million, a total of more than $54.8 million in taxes for the state.