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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100% Up To
$1000
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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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100% Up To
$1250
Risk-Free Bet |
T&C's apply
IL only. 21+. New users and first $10+ wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,250; must be used within 14 days of receipt. Tier Credits and Reward Credits will be added to account within 7 days after qualifying wager settles. Void where prohibited. Know When To Stop Before You Start.® 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). See Caesars.com/promos for full terms. Read More |
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T&C's apply
21+ in select states. First online real money wager only. $10 first deposit required. Bonus issued as non-withdrawable free bets that expire 14 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (IA, MI, NJ, PA, IL), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-877-770-STOP (LA), TN REDLINE 1-800-889-9789 (TN), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). |
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Deposit $20
& Get $100
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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. |
