- The New York State Gaming Commission reported the final sports betting totals for September
- New York sports bettors wagered more than $2 billion in the month
- September was the second most lucrative month in New York’s sports betting history
September was an absolutely massive month for New York sports betting.
The New York State Gaming Commission reported the final sports betting totals for September, which saw users bet more than $2 billion during the month and saw the state take in more than $204 million in gross gaming revenue.
It was the second most lucrative sports betting month for New York since launching in January 2022.
Monster Month for Revenue, Handle
The New York State Gaming Commission reported the Empire State saw $2,071,515,109 in online sports betting handle, only the fourth time the state has eclipsed the $2 billion handle mark for a month and the first time in 20234.
It was the second highest month in terms of sports betting handle in the state’s sports betting history.
- November 2023: $2,109,294,400
- September 2024: $2,071,515,109
- December 2023: $2,041,931,893
- October 2023: $2,006,823,408
The state racked up more than $200 million in gross gaming revenue in the month as well, its second most lucrative month in sports betting history. The commission reported $204,710,934 in gross gaming revenue, which led to $104.4 million in sports betting tax revenue for the month.
It was only the third month the state has eclipsed $200 million in gross gaming revenue since launch.
- January 2024: $211,504,815
- September 2024: $204,710,934
- May 2024: $203,347,519
In total, New York has taken in more than $4.2 billion in gross gaming sports betting revenue since January 2022.
FanDuel Leads Way in September
September saw FanDuel led the way in the Empire State yet again, as the operator reported $784,185,463 in handle and more than $97.95 million in gross gaming revenue. It topped DraftKings, the second most successful operator, in revenue for the month, but did lag behind in handle.
DraftKings reported $788,314,334 in handle, but $69.7 million in gross gaming revenue.
ESPN BET launched in full the past month as well, notching just $4.016 million in handle during its four days of operation in the month. It made just slightly over $103,000 in revenue for the month as well.
Here are the monthly sports betting handle totals for September:
- DraftKings: $788,314,334
- FanDuel: $784,185,463
- Caesars Sportsbook: $147,202,505
- BetMGM: $143,893,873
- Fanatics Sportsbook: $143,196,432
- BetRivers: $43,365,858
- Bally Bet: $10,701,561
- Resorts World: $6,638,825
- ESPN BET: $4,016,258
FanDuel had the most lucrative month of any operator, topping DraftKings yet again in the state. Here are the gross gaming revenue totals for each operator in September:
- FanDuel: $97,959,724
- DraftKings: $69,705,224
- Caesars Sportsbook: $13,043,864
- BetMGM: $10,271,213
- Fanatics Sportsbook: $8,420,579
- BetRivers: $3,535,474
- Bally Bet: $1,065,148
- Resorts World: $606,436
- ESPN BET: $103,273
In September, New York saw record-breaking numbers in sports betting, with a significant increase in revenue compared to previous months. This surge in betting activity can be attributed to several factors, including the return of major sports leagues like the NFL and NBA, as well as the continued popularity of online betting platforms.
One of the key drivers of the increase in sports betting revenue in New York is the legalization of online sports betting earlier this year. This has made it easier for sports fans to place bets from the comfort of their own homes, leading to a significant uptick in overall betting activity. In addition, the convenience and accessibility of online betting platforms have attracted a new wave of bettors who may not have previously participated in sports betting.
Another factor contributing to the record-breaking numbers in September is the return of major sports leagues after a hiatus due to the COVID-19 pandemic. The NFL season kicked off in September, drawing in a large number of bettors eager to wager on their favorite teams and players. Similarly, the NBA playoffs also took place during this time, further fueling interest and betting activity.
Overall, the record-breaking sports betting numbers in New York in September highlight the growing popularity and acceptance of sports betting in the state. With online betting platforms making it easier than ever for sports fans to place bets, and major sports leagues back in action, it is no surprise that betting revenue has reached new heights. As more states continue to legalize sports betting, we can expect to see even more growth and record-breaking numbers in the future.
