Approximately $4.3 billion was wagered on the Super Bowl last year. U.S. bets are estimated to have exceeded $7 billion this year. New Yorkers can be sure not to miss any action with the latest news about mobile sports betting in New York. In 2013, New York’s commercial casinos legalized sports betting. In July 2019, the first in-person sportsbooks opened, more than a year after the federal ban on sports betting ended. New Yorkers wagered $2.4 billion on sports through mobile gaming apps in January, making it the country’s betting capital of the United States.
New York Sports Betting Revenues per Sportsbooks
| Handle | Revenue | Hold | Taxes | |
|---|---|---|---|---|
| Caesars | $627,401,761 | $58,985,112 | 9.4% | $30,082,407 |
| FanDuel | $517,492,498 | $28,089,392 | 5.4% | $14,325,590 |
| DraftKings | $377,952,846 | $29,582,503 | 7.8% | $15,087,076 |
| BetMGM | $82,204,532 | $3,847,998 | 4.7% | $1,962,479 |
| BetRivers | $33,465,116 | $1,072,328 | 3.2% | $546,887 |
| PointsBet | $31,202,281 | $2,561,623 | 8.2% | $1,306,428 |
| Rivers Casino | $7,360,773 | $81,508 | 1.1% | $8,151 |
| del Lago | $4,551,924 | ($755,006) | -16.6% | ($75,501) |
| Resorts World | $2,984,261 | ($240,340) | -8.1% | ($24,034) |
| Tioga Dows | $1,647,906 | ($94,991) | -5.8% | ($9,499) |
| Total | $1,686,263,898 | $123,130,127 | 7.3% | $63,209,984 |
There are now 30 states that allow sports betting, including 19 that allow online sports betting. More than 100 million Americans can legally place bets where they live. In January, New York State will bring in $58 million in tax revenue, or over 50% of $121 million in gross gaming revenue generated by mobile sportsbooks. New York has the highest tax rate among mobile sportsbooks, and gamblers wagered a total of $150 million in the first weekend. Within 15 days, they broke the $1 billion mark. Recent results show that New York’s program has topped Las Vegas. In December, all sportsbooks combined took in more than $600 million, of which 70% came from mobile bets. According to the Nevada Gaming Control Board, Nevada sportsbooks recorded $1 billion in wagers for three months in a row.
Best Sportsbooks to bet on American Football
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T&C's apply
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL) |
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T&C's apply
Full terms and conditions apply. Bet with your head, not over it. Call 1-800-GAMBLER if you have a gambling problem. 21+: casinorange.com/us and all content herein is intended for audiences 21 years and older. |
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Up To
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T&C's apply
21+ and present in AZ, CO, CT, IA, IL, IN, LA (permitted parishes only), MI, NJ, NY, PA, TN, VA, or WV. First online real money wager only. Refund issued as nonwithdrawable site credit that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, NJ, PA, IL, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN), or visit www.1800gambler.net (WV). 21+ and present in WY. Gambling Problem? Call 1-800-522-4700. |
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T&C's apply
21+. CO, IN, MI, PA, or TN only. Gambling problem? Call 1-800-522-4700 in CO, 1-800-WITH-IT in IN, 1-800-270-7117 in MI, 1-800-GAMBLER in PA, or call or text the TN REDLINE 1-800-889-9789 in TN. Terms & conditions apply. |
