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New York Sees Second Highest Sports Betting in September
SportsGrid
Follow
10/21/2024
Category
🥇
Sports
Transcript
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00:00
All right, latest update in New York, not surprising here, sports betting operators
00:08
just bringing in the dough here in the month of September.
00:11
I mean, football is back.
00:12
I mean, Yankees in the playoffs, Mets in the playoffs, a big handle I'm seeing coming in
00:17
from New York.
00:18
Yeah, over $2 billion was bet in September.
00:23
They went back over the $2 billion mark.
00:26
Second highest monthly handle figure ever, $2.07 billion bet in September.
00:33
It was only behind, I believe, maybe January of earlier this year, where it was about $2.11
00:42
billion that came in.
00:43
So second highest handle month ever, again, the second highest revenue month ever at $204.7
00:52
million.
00:53
Sportsbooks won nearly $205 million.
00:56
And as we know, New York has that industry high 51% tax rate.
01:01
So the bulk of that going back to New York State.
01:05
But yeah, NFL betting returns, the dollars keep flowing, over $2 billion for New York
01:11
sports betting apps in September.
01:13
We'll see how that trend continues now throughout the rest of the football season, Craig.
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