The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January.
The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.
The amount wagered was the first handle of a half-billion dollars since the week ending March 24 and up 10% from the previous period. Every sportsbook in the Empire State saw a rise in week-over-week profits except for one, and the 13.5% weekly hold was nearly nine points higher than the previous period. DraftKings broke the record of $33.4 million set previously by FanDuel in January and accounted for 51% of the overall revenue for the week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sports Betting Operators in New York Survive NFL Draft WeekendThe New York Gaming Commission reported a handle of $440.9 million in the week ending April 28.
Read more »
Sports Betting Operators in New Jersey Produce $106M of April RevenueThe New Jersey Division of Gaming Enforcement announced that gross revenue jumped 46.9% year-over-year to $106.2 million in April.
Read more »
Ohio Regulators Propose ‘Use It or Lose It’ Amendment to Cover All Sports Betting OperatorsSports betting operators have until Tuesday to comment on rule-making amendment that allows regulators to apply a licensing provision.
Read more »
North Carolina Operators Produce $105M of Revenue in First Full Month of Online Sports BettingThe eight online operators generated a whopping $105.25 million in revenue. The 16.5% hold is more than double the industry’s average win rate for sportsbooks and way up from the 10% in March.
Read more »
Seven North Carolina sports betting bonuses & promos for any sport this weekendCheck out the best North Carolina betting promos and sports betting sites.
Read more »
Indiana Sports Betting Posts Yearly Gains While Basketball Betting DominatesThe Indiana Gaming Commission reported over $500 million in wagers for March, which topped February’s $408.6 million by nearly $100 million.
Read more »