New York Becomes First State To Top  Billion In Monthly Handle

New York became the first state in the post-PASPA era to surpass $2 billion in monthly sports wagering handle Thursday after the New York State Gaming Commission reported that the state’s eight active mobile operators combined to clear the unprecedented amount by $6.8 million.

The final figure will be roughly $10 million to $15 million higher after the NYSGC releases October figures for the state’s four retail sportsbooks. The Empire State was able to crest $2 billion thanks to having five weeks of NFL action in October, which included a Week 8 clash between the New York Jets and New York Giants on Oct. 29.

The mobile handle alone means New York now has the top 14 monthly handles of the post-PASPA era nationwide. It outdistanced the previous overall mark of $1.8 billion in January, a month that also had five Sundays but only 14 games from Week 17 action prior to the NFL playoffs.

The state also has the chance to set a new record for revenue for the second consecutive month, as mobile revenue totaled $166.3 million, resulting in a hold of 8.3%. The figure is currently $506,000 shy of the $166.8 million in combined winnings from mobile and retail sportsbooks in September.

  
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