December 28, 2022
In the short time since launch New York has been posting excellent gaming revenue. For the month of November, New York reported $148 million for gross gaming revenue, a record month for the state still in its infancy. The total handle for all New York sportsbooks totaled $1.55 billion which marks the second month in a row that they have surpassed the $1.5 billion mark but is only the third highest month since their January launch. Of the overall handle the top three earners were FanDuel with $646 million, DraftKings with $499 million, and Caesars with $200 million. These numbers are shattering expectations as New York was estimated to pull $99 million in state tax revenue for the first year and then expand to $500 […]