The New York State Gaming Commission reported $440.9 million in sports betting handle for the week ending April 28, putting the Empire State in line to better its own national monthly record for wagering.
Because tax revenue from wagering the week of March 25-31 was collected on April 1, that week’s betting activities were moved into April’s monthly ledger. As a result, figures for April will, for all intents and purposes, have five full weeks of handle and sports betting revenue.
The combined total of those five weeks solely from sports betting apps is just over $2.3 billion, easily exceeding the previous high of $2.12 billion established last November. New York is the only state to eclipse $2 billion in monthly handle, with April expected to be the fourth time it will take place.
The last full week of betting in April saw the nine digital operators collect $39.5 million in revenue while crafting a hold just shy of 9%. Whether the Empire State sets a national monthly record for revenue likely will come down to its four retail commercial sportsbooks.