The New York State Gaming Commission has reported that online sportsbooks set yet another monthly revenue record during March as New Yorkers wagered over $1.76 billion on sports throughout the month.
New York Sports Betting Breaks Monthly Revenue Record in MarchFanDuel was once again the market leader accepting $740.1 million in wagers and reporting $79.6 million in revenues. This represented almost 49% of all revenues generated by mobile sports betting in New York. DraftKings was the next most popular sportsbook accepting $589.7 million in wagers and generating $52 million in revenue. Meanwhile Caesars accepted $234.7 million in wagers and reported $15.1 million in revenue.
The latest figures mean that during the first quarter of 2023, New York sportsbooks took in over $5 billion in wagers. From this total over $420 million in revenue was generated resulting in $214.5 million in taxes for the state.
