New York sports betting revenues up 75.7% in January

At present, only in-person sports betting is legal in New York.
At present, only in-person sports betting is legal in New York.

Sports betting revenues in New York reached $3.3m in January after a disappointing December.

US.- New York’s sports betting revenues rose 75.7 per cent year-on-year in January, according to reports of the New York State Gaming Commission.

Revenues reached $3.3m, which compares to $1.9m in January 2020. It also represents a 43.4 per cent rise on the $2.3m earned in December 2020.

Rush Street’s Rivers Casino and Resort saw the highest revenue. It accounted for $1.4m, which an increase of 79.9 per cent from $778,997 in January 2020.

The del Lago Resort and Casino and its DraftKings sportsbook followed with total revenue of $1.3m, more than double the $610,250 generated in January 2020.

Resorts World Catskills came third place with $479,557, up by 21.2 per cent year-on-year, followed by Tioga Downs Casino’s FanDuel sportsbook at $390,346, up 59.4 per cent from last year.

Casinos in New York are now able to stay open until 11pm after Governor Andrew Cuomo eased Covid-19 countermeasures.

Currently, only in-person sports betting is available in New York, although a recent report has shown how legalising mobile sports betting could generate higher revenues.

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