Top World Gambling News in Categories

Search and discover Updated Database of Worldwide Gambling News

In a few moments you will found the latest Stories and information from the most famous Portals and referring Web sites. Search on the categories or via Keywords the latest updates with

New York Posts Record Month For Revenue In September

After generating $98.5 million in gross gaming revenue (GGR) in August, New York’s nine online sports betting operators finished September strong, making a staggering  $165.6 million  in profits.
It’s the record revenue for NY sportsbooks, representing a 68% monthly increase from August and a 15.5% yearly rise from the same period last year.
While New York’s online gambling industry experienced a major growth in September in both revenue and betting handle, the state’s commercial casinos also had a very successful month.
September 2023 was third best month since NY sportsbooks launched
In terms of sports betting handle (total bets), September was New York sportsbooks’ third-best month since their launch in January 2022. NY sports betting operators and retail casinos reached  $1.76 billion in total bets in September.
The figure is a  39.99% yearly rise from September last year.
According to the  September revenue report from the New York State Gaming Commission, it is the 12th time in the last 13 months that NY sportsbooks surpassed the $1 billion handle mark, with July 2023 being the only exception. It is also the 18th to exceed the $1 billion handle mark since online sports betting launched in the state in January last year.
The $1.76 billion figure also represents a 58% monthly increase from $1.11 billion in August.
FanDuel generates highest revenue in New York, DraftKings posts best handle
Flutter Entertainment’s FanDuel remained in the top position in terms of revenue figures in September. The operator generated nearly $77 million in GGR out of $682.5 million in total bets.
Its biggest rival,  DraftKings , came in second with $61.4 million in revenue and the best handle of nearly $710.5 million among all nine operators.

Caesars  followed with $12.6 million in revenue from a $174 million betting handle
BetMGM was fourth, with $8.2 million in revenue and a $100 million handle
Rush Street Interactive (RSI) came in fifth with $4.2 million in revenue and $50.1 in total bets

Throughout September, the Empire State collected  $84.4 million in tax revenue  that goes towards education. That’s over $600 million for the 2023 calendar year and more than $1.297 billion in all-time net revenues to education.
New York’s commercial casinos generate $1.3M in revenue
New York’s four commercial casinos combined to generate almost $1.3 million in revenue during September.
Here’s how much each of the operators earned in September:

Rivers Schenectady collected $541,294 in sports betting revenue from the $3.65 million handle
Del Lago generated $317,547 in sports betting GGR from a $1.87 million handle
Resorts World Catskills ‘ sports betting revenue was $267,735 from $2.39 million betting handle
Tioga Downs made $146,545 in sports betting revenue from a $ $761,953 betting handle
The post New York Posts Record Month For Revenue In September appeared first on Play USA . always shares this Contents with License.

Thank you for Share!


Search Gambling News NEWS

The latest Top News, from leading exponents of Games Online, Gambling and Accredited Poker Sources.

Since 2014, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Gambling World.

Change privacy settings

24h Most Popular News

Dokky Bookcase Script