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News
New York Sportsbooks See Narrow Win Rate During Quiet Week
1+ mon, 1+ week ago (418+ words) The Empire State’s mobile sportsbooks generated $27.9 million in gross revenue, their weakest haul in over a month, on a $354.1 million handle during the week ending July 26. After weeks of New York sportsbooks dominating the market, bettors finally held operators to…...
New York Sports Betting Jumps 6%, but Profits Slip in February
6+ mon, 5+ day ago (360+ words) Despite a nearly 9% year-over-year dip in Super Bowl betting, New York’s overall February handle still spiked 6% and led to another $2 billion in monthly wagers. New Yorkers bet more than $2 billion with online sportsbooks for the seventh consecutive month. Online operator…...
New York State Warns Wall Street’s Offshoots: Stop Gaming Predictions
10+ mon, 9+ hour ago (485+ words) Prediction markets are no longer the quiet forecasting tools once celebrated by economists. They have become highly liquid, socially networked, and behaviorally engineered platforms that blur the boundaries between insight and inducement. Just as lawmakers were introducing the New York…...
New York Sets New Single-Month US Betting Handle Record, Over $2.6 Billion
10+ mon, 6+ day ago (863+ words) The New York Gaming Commission reported on Thursday a record $2.64 billion mobile sports betting handle for October as the Empire State again raised the bar for monthly wagering in the United States. The NYSGC has yet to release retail sports…...
New York Sets Weekly Online Betting Handle Record with October Sports Convergence
10+ mon, 1+ week ago (507+ words) A $100-million week-over-week handle jump led to the most-wagered period that New York’s lucrative sports betting market has ever seen. With major sports colliding, the Empire State’s week-over-week handle spiked 16.2%. The latest betting volume beat out the previous record by…...