New York Sports Betting Hit Record $163.6 Million Revenue in March

New York sports betting operators had a record monthly performance in March. According to the source, the New York State Gaming Commission reported that the sports betting operators in the Empire State generated the record of $163.6 million in gross gaming revenues last month. The March revenue figure exceeds the previous record of $149.4 million set in January, with the performance of sports betting industry in the State thus reaching the long-time goal for the first time to break the $ 150 million benchmark.

Record Industry Performance:

The total handle of the industry in March amounted to $1.79 billion, which is a slightly lower level than the record set in January at $1.80 billion. But the handle of New York sports wagering operators accounted for a 9.1% hold in March thus driving the revenue levels up. Since 2018, when PASPA defined the legal status of sports betting in the States, the overall revenue achieved by the Empire State in March represents the second monthly best industry performance nation-wide with only Ohio ahead with $209 million earned during its January launch.
 
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