NY Sports Betting Revenue Up 75%
According to new figures released by the New York State Gaming Commission, commercial sports wagering revenue in New York jumped 75.7% year-on-year in January.
As remote sports betting gathers pace in New York, taxable monies being spent on wagering continues to increase.
According to new figures released by the New York State Gaming Commission, commercial sports wagering revenue in New York jumped 75.7% year-on-year in January.
The organisation revealed that gross gaming revenue from sports betting stood at to $3.3m in January. This an increase of from $1.9m in 2019 and 43.4% higher than December.
Rush Street’s Rivers Casino and Resort in Schenectady processed a huge majority of these wagers, reporting $1.4m in revenue, up 79.7% from $778,997 last year. However, The del Lago Resort and Casino in Waterloo and its DraftKings sportsbook were a close second with $1.3m; more than twice as much as the $610,250 it posted in January 2020.
