The New York State Gaming Commission reported $149.2 million in overall sports wagering revenue for November, the third consecutive month the Empire State has set an all-time record in monthly operator revenue.
The mobile revenue of $148.2 million among the state’s nine operators was enough to top October’s short-lived standard of $146.8 million, but the state’s four retail books kicked in another $1 million to put more distance between the two totals. New York has the top five monthly revenue totals in the post-PASPA era and eight of the top 10 since launching mobile betting in January.
Handle was 0.6% higher compared to October at $1.56 billion, the third-highest single-month total all-time nationally. New York also became the fifth state to surpass $15 billion in all-time handle, joining New Jersey, Nevada, Pennsylvania, and Illinois in that select group.
State taxes for the month totaled $75.7 million, also an all-time monthly national record, thanks to the bulk of the revenue being taxed at 51% from mobile operators. New York’s coffers have received $619.2 million in the calendar year, easily surpassing the once-derided estimate of $500 million annually promised by then-Gov. Andrew Cuomo as he made the push to launch mobile betting.