In November, consumers in New York set a new record by spending $2.11bn on sports betting, the highest amount ever bet in any US state in a single month. This figure exceeded the previous New York record of $2.01bn set in October by 5.0%. It also represented a 36.1% increase from the same month last year, when $1.55bn was wagered.
Online revenue for the month reached $150.9m, slightly lower than the record set in October but 1.8% higher than the previous year. FanDuel, owned by Flutter Entertainment, emerged as the top performer in New York, with players betting $923.4m on sports and generating $69.2m in revenue. DraftKings followed with a $723.1m handle and $54.3m in revenue, and Caesars came in third with $205.0m in bets and $11.6m in revenue.
Other operators in New York included BetMGM, Rush Street Interactive, PointsBet, Resorts World Bet, BallyBet, and Wynn Interactive. Several of these operators saw significant activity and revenue, with BetMGM processing $120.6m in wagers and generating $7.9m in revenue. Additionally, Rush Street Interactive reported a $76.6m handle and $5.0m in revenue, while PointsBet took $27.2m in bets and recorded a $2.4m handle. Resorts World Bet had a handle of $6.8m and generated $483,433 in revenue, and BallyBet, which resumed operations in July, took $4.3m in bets and posted revenue of $234,163. However, Wynn Interactive was the only operator to report a loss, taking $11.3m in online bets but reporting a $312,427 loss for the month.
In November, the New York State Responsible Play Partnership (RPP) introduced a new voluntary self-exclusion (VSE) support program to help individuals withdraw from gambling. This program allows players with gambling problems to exclude themselves from legal gambling activities in New York, with support for completing the necessary forms and connecting individuals to problem gambling treatment providers.
MGM Resorts International also announced plans to transform its Empire City Casino in New York into a full-scale commercial casino, featuring live-dealer tables, slots, a high-limit gaming area, a BetMGM Sportsbook and Lounge, various restaurants, and a 5,000-seater entertainment venue.