New York sports wagers top $1.5 billion in April

Finance News

According to New York State data, the State has generated more than $1.54 billion in revenue from mobile sports wagering in April.

“In just six months, New York has become a leader among states in implementing successful gaming policies, with hundreds of millions of dollars going to important programs that will improve the lives of all New Yorkers,” Governor Hochul said. “The recent launch of New York’s final sports wagering operator will provide key revenue for education, youth sports programs, and problem gambling support.

I look forward to continuing to enact responsible gaming policies that provide exciting entertainment for New Yorkers of legal age – all with important safeguards in place to help those who need it.”

FanDuel had four of the five monthly handles up 11% to 626m. DraftKings’ handle was up 58% year-on-year to $516.4 million.