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NY mobile sports betting handle nears $2.0bn in opening 30 days
February 15, 2022

NY mobile sports betting handle nears $2.0bn in opening 30 days

Bookiecity

Players in New York wagered just under $2.00bn (£1.48bn/€1.76bn) in the first 30 days since the state launched its legal online sports betting market.

A total of $1.98bn was bet in the period between January 8, when the market opened, and February 6, according to figures released by the New York State Gaming Commission.

Consumer spending included more than $600m on football, $540m on basketball and almost $80m on ice hockey.

The latest figures from the Commission also revealed that gross gaming revenue for the first 30 days of legal online sports betting in the state reached $138.5m. At a 51% tax rate for the state, this meant more than $70.6m in tax revenue was generated during the period.

GeoComply, which works with licensed sportsbooks in New York to ensure the geolocation requirements of players, also said more than 1.76 million unique player accounts were utilised for over 187 million transactions during the period.

Last week, it was revealed that New York already surpassed t..

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New York online sports wagers surpass $1bn in opening 16 days
January 31, 2022

New York online sports wagers surpass $1bn in opening 16 days

Bookiecity

Consumers in New York wagered more than $1.0bn (£744.5m/€895.4m) on online sports betting in the first 16 days since the state’s regulated market launched.

Players spent a total of $1.18bn in the period that the market launched on January 8 to the end of the second full week of legalization on January 23.

The New York State Gaming Commission also reported that gross gaming revenue for the period reached $91.4m.

Caesars Sportsbook, FanDuel, DraftKings and Rush Street Interactive all began operations on opening day on January 8, while BetMGM went live on January 17.

PointsBet also joined the regulated market on January 25, but as this was after the end of the 16-day reporting period, which ended January 23, it was not included in the report.

Caesars Sportsbook was the leading operator in the 16-day period, processing $487.4m in bets and bringing in $41.8m in revenue.

Flutter Entertainment-owned FanDuel ranked second with a $360.0m handle and $24.2m in revenue, then DraftKings with ..

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DC sports betting revenue slips to 10-month low in December
January 28, 2022

DC sports betting revenue slips to 10-month low in December

Bookiecity

Gross gaming revenue from sports betting in Washington DC reached $1.4m (£1.1m/€1.3m) in December 2021, the lowest monthly amount since February of the same year.

Revenue for the month was 48.2% down from $2.7m in December 2020, while the total was also 65.9% lower than the record $4.4m set in November of 2021.

Player spending on sports betting amounted to $19.3m, which was 15.6% higher than in the previous year, but 8.5% down from November.

Gambet, operated by the DC Lottery and powered by Intralot, took top spot with $665,718 in revenue off a handle of $5.0m

Read the full story on iGB North America.

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