New York’s mobile betting apps closed 2023 with a bang, setting a state monthly record for sports wagering revenue with $188.3 million in December, according to figures released Thursday by the state’s gaming commission.
It is the second-highest monthly revenue total nationally all-time behind the $209 million-plus reported by Ohio in its launch last January. The previous high in New York for mobile operator winnings was $166.8 million in October as part of the state’s all-time best of $167.3 million.
New York’s four commercial retail sportsbooks would need to generate $1.7 million to reach $190 million in total revenue. That may be too big an ask given the quartet has hit that benchmark just once in 23 previous months of mobile wagering in the state.
The brick-and-mortar venues surpassed $1.7 million by less than $10,000 in September 2022 but also needed a 19.3% hold on more than $8.8 million handle. The year-to-date retail hold is 7.9% on $81.5 million worth of wagers.