![]() ![]() Meanwhile, the handle is just 1.7% higher in comparison to last year. It should be mentioned that tax revenue for the first two months of 2023 is US$26.1 million better than the first two months of 2022. This volume put the overall for the year to US$131.5 million. But despite the drop in handle, it was still the eight-highest monthly candle across the country and other markets.įurthermore, with the US$108.2 million in proceeds, the state pocketed around US$55.3 million in tax revenue for February. January’s total wagering handle reached US$1.8 billion while in February hit US$1.47 billion with a hold of 7.4% for operators. Meanwhile, total recorded betting activity has also dropped in February, as it was down 18.1% from the previous month. For comparison, the state recorded US$149 million in January 2023. However, this number is still less than the previous five months, as for the first time the state does not reach US$140 million in monthly revenue. This week, the NYSGC reported that in February 2023, the nine digital bookmakers claimed US$108.2 million in sports betting revenue. ![]() Furthermore, the state secured another US$200 million from licensing of betting operators. It accommodates a total of nine private sportsbooks, which during the first year, managed to bring in more than US$700 million in betting proceeds for the state. ![]() This number is boosted by the Super Bowl LVII which attracted plenty of interest.Įmpire State’s mobile sports betting market is relatively new as officially launched operations in January 2022. On Tuesday, the New York State Gaming Commission issued its monthly report which confirmed that for the month, the state secured US$108.2 million in online sports wagering revenue. The month of February 2023, has been a strong one in terms of sports betting revenue for New York State.
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