Published: March 19, 2023

February marks the sixth consecutive month of $100 million + revenues for New York sports betting

New York’s sportsbetting sector generated revenue of $108.2m in February, marking the sixth consecutive month revenue reached nine figures in the state.

The market did slow slightly though with the total the lowest amount since the $99.2m generated last August. 

The New York Gaming Commission confirmed that the state collected $55.3m in February.

FanDuel was the leading operator with a 40 per cent share of the market in February, for the fourth consecutive month with $591m in February. DraftKings came in second place with revenue of $33.5m

Caesars Sportsbook came third with $8.5m. Since launching in January 2022, online sports betting in New York has generated over $19bn in accepted wagers, giving $1.6bn in revenue. 

https://g3newswire.com/us-february-marks-six-months-of-nine-figure-revenues-for-new-york-sports-betting/

© Public Gaming Research Institute. All rights reserved.