It’s safe to say mobile sports wagering in the state of New York more than lived up to the hype in its first full year, occasionally producing pinball-like numbers while quickly seizing the No. 1 spot across the board among states for monthly handle, operator revenue, and tax revenue.
The New York State Gaming Commission released the full mobile revenue numbers for December on Monday, with handle surpassing $1.6 billion for the third time in 2022. The nearly $1.63 billion in bets ranked third behind the $1.67 billion in the launch month of January and $1.64 billion generated in March. Overall, nearly $16.2 billion in wagers were placed throughout the Empire State in the full calendar year, already placing New York’s volume fifth all-time in the post-PASPA era while currently less than one-half billion behind Illinois.
Revenue was steady to close the year, clearing $140 million for the fourth consecutive month at close to $141.8 million. That lifted the year’s total to nearly $1.36 billion as New York quickly settled into the No. 2 all-time revenue spot behind New Jersey while continuing to quickly gain ground on its neighbor.
Once December’s retail handle numbers are added, New York will have claimed the top seven monthly handle spots in the post-PASPA era and nine of the top 10. It will also likely have the top six monthly revenue spots, from nine of the 11 occasions in which states reported more than $100 million in monthly sports wagering revenue.