According to figures released by the New York Gaming Commission, the online sports betting site reported a record loss of $3.4 million on a handle of $116 million, its second-highest since June, during the week ending Sept. 3.
reported a record loss of $3.4 million on a handle of $116 million, its second-highest since June, during the week ending Sept. 3.
Those struggles led to the lowest hold in New York history as well. The sportsbooks combined to record a handle of $312.8 million, which was up 47% week-over-week, but revenue of $8.3 million was the second lowest of all-time in the Empire State, leading to a 2.6% win rate. The worst week ever for New York operators is still October 17, 2022, when they recorded revenue of $6.2 million.Up and down
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