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Sportsbook

New York sports betting generates $1.18bn of gross revenue in first 16 days

Tuesday 01 de February 2022 / 07:06

2 minutos de lectura

(New York).- The New York State Gaming Commission has confirmed that the first 16 days of sports betting in the state saw players spend a total of $1.18bn with gross revenue coming in at $91.4m, making it on course to secure the highest handle of any state in a month.

New York sports betting generates $1.18bn of gross revenue in first 16 days

Caesars Interactive was the frontrunner with a market share in terms of handle of 41 per cent and a revenue share of 46 per cent. FanDuel was next with a 31 per cent handle share and 26 per cent revenue share, with DraftKings coming third with 23 per cent handle share and 24 per cent revenue share.

In fourth place was BetMGM with a low revenue share of only three per cent and three per cent handle share, although it missed the first week of operations. BetRivers came last with 1.9 per cent of handle, 1.3 per cent of revenue.

BetMGM CEO Adam Greenblatt said: “We’re delighted with how it’s gone. We’ve broken all of our records. It was the best first day of any live launch, we broke records for most registrations, for most first-time depositors, for deposits, for bets, for handle.”

Over 1.2m people opened new accounts across the five sportsbooks with 878,000 unique players. PointsBet became the sixth operator live in New York when it launched on January 24.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Event

iGaming Club Conference Cancun

24 de November 2025

Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion

(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.

Thursday 04 Dec 2025 / 12:00

iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition

(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.

Thursday 27 Nov 2025 / 12:00

iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day

(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.

Wednesday 26 Nov 2025 / 12:00

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