New York mobile sports betting handle rebounds in March

New York mobile sports betting handle rebounds in March

The state’s online sportsbooks reported a $2.44bn handle.

US.- New York’s mobile sports betting handle was $2.44bn in March, a 16 per cent increase year-on-year, and 23 per cent ahead of February’s figures. It wasn’t far short of January’s record of $2.48bn. 

The New York Gaming Commission reported that operators generated $161.8m in revenue, down 12 per cent from February and down slightly from March 2024 ($166.9m)

DraftKings regained the lead, taking $62.6m in revenue from a $912.1m handle. FanDuel followed, reporting $59.4m from $862.2m in bets. Fanatics took $12.8m from a $207.4m handle, BetMGM $10.9m from $169m, Caesars Sportsbook $8.5m from $162.1m, Rush Street Interactive $2.8m from $51.7m, Bally Bet $261,876 from $10.7m and Resorts World Bet $376,410 from $10.5m. ESPN Bet didn’t report March activity. 

New York Problem Gambling Advisory Council

Last month, the New York State Senate passed Senate Bill S.3632, which aims to establish a Problem Gambling Advisory Council to improve awareness, prevention, and treatment services in the state. The bill now moves to the Assembly.

The bill is co-sponsored by Senator Joseph P. Addabbo, Jr., chair of the Senate Racing, Gaming, and Wagering Committee. It would establish a council to “make findings and recommendations to the Governor and Legislature on how to prevent and treat problem gambling in the State of New York.”

The council will assess existing problem gambling programmes and recommend best practices for prevention, education, and treatment. It will also aim to improve coordination between state agencies, gaming operators and community organisations.

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