The weekly report released by the New York State Gaming Commission (NYSGC) on Friday showed approximately $271.9 million in bets was taken by mobile sportsbooks between May 23 and May 29.
Mobile sports betting in the Empire State has already generated over $263 million in tax dollars for New York, Governor Kathy Hochul says.
The numbers aren't overly surprising, considering legal sports betting is currently entering its slow season in North America, with no NFL or college football games on which to wager.
The New York State Gaming Commission recently released its latest numbers for online sports betting, and the Empire State posted its lowest weekly handle since its launch.
All eight of New York’s active mobile operators saw an increase in sports-betting revenue for the week ended May 8, with all but two improving on their handle from the week prior.
Numbers released by the American Gaming Association on Wednesday showed commercial sports betting in the U.S. set an all-time quarterly record with a handle of $26.34 billion for the three months ended March 31.
March’s sports betting dwarfed the $679.3 million in wagering in Illinois in February and surpassed the previous state record of $867.5 million that was set in January.
Although the total was the lowest monthly handle to date, New York mobile sportsbooks have now combined for more than $6 billion in wagering in 2022 — a pace unmatched by any other U.S. state.
The Illinois gaming scene continues to evolve, with a new casino for Chicago on the horizon and the state's online sports betting market continuing to mature.
The New York State Gaming Commission reported a weekly mobile betting handle of nearly $334.5 million for the week ended April 24, an increase of more than $20 million from the week before.
The multi-year deal makes Bally’s an official sports betting partner of the team and provides its mobile sportsbook with access to the Ohio market when legal wagering launches there.
The multi-year partnership announced on Monday expands on a previous relationship between the sportsbook and MLB club and ensures that FanDuel will remain affiliated with the franchise for the foreseeable future.
The momentum continues in New York even as the Empire State still lacks its ninth online sportsbook, Bally Bet.
New York’s mobile sportsbooks have seen an increase in action this month with the March Madness Final, MLB returning, and both the NBA and NHL heating up.
This year’s March Madness coincided with the ban on remote registration being lifted in Illinois on March 5, which was likely a major contributor to the lofty numbers.
March was a significant sports betting month for Indiana thanks in large part to the NCAA basketball tournament, which helped drive a healthy amount of hoops-related wagering.
The $1,638,266,833 in handle for Empire State online sportsbooks in March was up more than $100 million from February, but about $31 million short of the state’s record-breaking January.
Arizona finally announced its sports-betting numbers for January and, after breaking a monthly record for handle in December, the state did so once again to start 2022.
The week ending March 27 saw the Empire State’s sportsbooks take around $327.8 million in bets, the second-lowest weekly total since online sports gambling legally began back in January.
Hoosier State bookmakers have now taken north of $390 million in basketball wagers in 2022, and that number should rocket higher this month thanks to the biggest betting event of the year – March Madness.