NY sports betting handle and revenue up in May
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Sports betting handle and revenue in New York both increased year-on-year in May, though player spending fell to an eight-month low.
Consumers wagered a total of $1.36bn on sports during the month, up 7.9% from $1.26bn in May 2022 but 11.7% lower than $1.54bn in April of this year.
This was also the lowest monthly amount since September 2022, when handle amounted to $1.26bn.
In terms of revenue, this reached $152.0m for the month, a rise of 38.4% from $109.8m in May of last year and also 9.5% ahead of $138.8m in April 2023.
Read the full story on iGB North America.
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