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New York Sports Betting in 2023 is on track to be a huge success. In New York, players wagered $19.6 Billion on sporting events in 2018. This translated into $1.8B in revenue. In the year ending March 31st total wagers reached $16.4 billion in New York, an increase of almost 20%. This was higher than the numbers from the prior fiscal year.
It also represents the largest annual expenditure in terms of Sports betting online In any American state that regulates the industry, there have been records set. The gross gaming revenues also experienced an impressive increase year on year of 20,6%. This is yet another US record. FanDuel has maintained its dominance in New York Sports Betting, repeating its first-year success. FanDuel generated $845.8 millions in revenue from online bets during the entire fiscal year.
How about the rest of them? Resorts World made nearly $715,000 off of $8.4 millions in wagers. Wynn The only way to make more than $300,000 was by wagering $4.2 million. BallyBet, which was last in the list, came second to Wynn in terms of earnings, with just $267,000, from over $8.3 millions in bets.
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