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Sportsbook

New York is nation’s leader in sports betting revenue, says report

Friday 01 de March 2024 / 12:00

2 minutos de lectura

(New York).- Nevada may be the king of casinos, but no state does sports betting quite like New York. The Empire State, which legalized sports betting a decade ago and only fully launched online wagering in 2022, was the runaway U.S. leader in sports betting revenue last year, according to a report released Tuesday.

New York is nation’s leader in sports betting revenue, says report

The American Gaming Association, a trade group, said in the report that sports betting revenue in New York hit nearly $1.7 billion in 2023. New Jersey, which finished with about $1 billion in sports betting revenue, was in second place, according to the report. In casino gambling, the Las Vegas Strip remained the top commercial market last year, according to the association, raking in nearly $9 billion in revenue.

The New York City-area casino market pulled in about $1.5 billion in revenue in 2023, the report said. The market is set to soon grow with the planned introduction of three state licenses for full-scale downstate casinos.

Two licenses are expected to go to existing so-called racinos in Yonkers and southeast Queens with horse racing and digital betting; the third license may go to a brand-new outfit.

The racino in southeast Queens, Resorts World New York City, had a banner year in 2023. With more than $900 million in revenue, Resorts World New York City was America’s top-grossing commercial casino property outside Nevada in 2023, the American Gaming Association said.

State Sen. Joseph Addabbo Jr., chairman of the Racing, Gaming and Wagering Committee, described Resorts World’s performance as “incredible” given that the Queens gambling center lacks live dealers.

He said the numbers underscore that New York has much to gain when it “finally” deals out the three downstate licenses. “The potential is significant,” said Addabbo, a Queens Democrat.

All told, the U.S. commercial gambling industry grossed almost $67 billion over the calendar year, a 10% increase compared with 2022, the American Gaming Association report said.

The association said the inclusion of revenue from tribal-owned gambling centers would likely push overall U.S. gaming revenue for 2023 to about $110 billion.

Outside the Las Vegas Strip, Atlantic City accounted for the top commercial casino market by revenue last year, according to the report.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

SiGMA Central Europe

03 de November 2025

WorldMatch Triumphs at SiGMA Central Europe: Awarded Best Game Provider Italy and Leading Global Expansion

(Rome, SoloAzar Exclusive).- WorldMatch made a powerful impact at SiGMA Central Europe 2025 in Rome, showcasing its cutting‑edge portfolio of iGaming content and celebrating a landmark achievement: being named Best Game Provider Italy 2025. Commercial Director Gabriele de Lorenzi highlighted plans for bold content diversification and international expansion, setting the pace for the next era of iGaming growth.

Tuesday 25 Nov 2025 / 12:00

Uplatform Captivates SiGMA Central Europe 2025: Fresh Ideas, Juicy Results

(Cyprus).- At Fiera Roma, where countless booths fought for attention, only one stopped attendees in their tracks and sparked the reaction, “You have to see this”—Uplatform’s standout showcase.

Thursday 20 Nov 2025 / 12:00

SiGMA Central Europe: An Exclusive Conversation with GR8 Tech’s Chief Sales Officer Yevhen Krazhan

(Rome, SoloAzar Exclusive).- In this interview, Yevhen Krazhan, Chief Sales Officer at GR8 Tech, discusses the cutting-edge products and solutions showcased at SiGMA Central Europe, the audience’s enthusiastic response, and how GR8 Tech is carving out a strong position in high-growth regions such as MENA, Africa, and Latin America.

Thursday 20 Nov 2025 / 12:00

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