With soccer season nicely underway, New York sports activities bettors are betting massive – actually massive. Online sportsbooks fielded a month-to-month report $2.3 billion in wagers in October, in response to the New York State Gaming Commission.
This marked the second-straight month the state has reached the $2 billion deal with mark and the fifth time total. The Empire State is the one state within the nation to reach that number in a single month.
“The excitement and the revenue generated by New York’s sports wagering has exceeded all expectations,” Gaming Commission chairman Brian O’Dwyer advised the New York Post.
Inside The Numbers
October’s total deal with produced gross gaming income of $176.4 million, decrease than the $204.7 million seen in September, which had a deal with of solely $2.1 billion. A current report famous that bettors scoring massive on NFL wagering affected sportsbooks’ monetary projections for the 12 months, together with FanDuel and DraftKings, which can have helped result in a decreased GGR for October.
Of New York’s 9 legalized on-line sportsbooks, FanDuel is the highest operator after gathering $907.6 million in October. DraftKings took the silver medal with $813.7 million in bets for the month.
The Buffalo Bills have been a favourite for NFL bettors this season, however together with the soccer season being in full swing, the state additionally noticed the Mets and Yankees advance within the MLB postseason.
So far this 12 months, on-line betting income has contributed $595.4 million to assist fund public training within the state.
New York legalized cellular betting in January 2022 and has since turn into the biggest regulated market within the nation. Legislators have additionally made makes an attempt to legalize on-line on line casino gaming and poker during the last two years as nicely, however these plans have but to return to fruition.
