The online sports betting industry in New York is ahead of where it was last year, with operators combining for $1.47 billion in accepted bets in February and nearly $3.3 billion over the first two months of 2023. The upcoming NCAA Tournament, March Madness, is expected to provide another boost to the industry and could generate up to $15.5 billion in handle, according to a survey by the American Gaming Association. In March 2022, NY sportsbooks took in $1.64 billion, which is the third-highest month in the industry’s short history. FanDuel Sportsbook NY led the way in February 2023 with $591 million in handle and over $53 million in gross gaming revenue. give a title
Online Sports Betting in New York Ahead of Last Year, March Madness Expected to Boost Industry
March 15, 2023