The commission logged more than 240 comments on its biometric draft, the most on any proposal or pre-proposal. The draft would require biometric data to open an account and identification again before any wager is accepted. Existing accounts whose owners fail to provide biometric data … Read more
New York’s mobile sportsbooks kept 16.05% of wagers in the week ending July 19, a fiscal-year high. Handle fell to $396.2 million, the lowest week of the fiscal year and a second straight decline. Weekly revenue of $63.6 million rose 97.8% from the same week … Read more
New York’s mobile sportsbooks took a record $2.25 billion in June, up 36.6% from a year earlier. Gross revenue fell 43.5% to $117 million as the hold rate hit an all-time low of 5.18%. The World Cup and the Knicks’ championship run drove the volume … Read more
New York’s sports betting market hit $26.3 billion in handle for 2025, bringing the state $1.32 billion in tax collections. Operators earned $259.7 million in December, with FanDuel and DraftKings combining for 76% of total market revenue. While New York remains the country’s top sports … Read more
New York State Gaming Commission Chair Brian O’Dwyer calls out prediction markets, saying they are a “direct threat to the commission’s authority.” FanDuel and DraftKings have announced their intent to offer sports contracts in December. NEW YORK – Prediction markets are once again under the … Read more
The New York State Gaming Commission has shown a willingness to tighten the rules based on NBA sports betting. NEW YORK – The New York State Gaming Commission wrote a letter to NBA Commissioner Adam Silver on Thursday detailing their openness to modify state sports … Read more
Kalshi is suing the New York State Gaming Commission after receiving a cease-and-desist notice from the state. Kalshi argues that their sports markets are legal due to the fact that they vary from traditional sports betting sites. NEW YORK – Kalshi has filed a lawsuit … Read more
New York’s 51% sportsbook tax rate has allowed the state to collect over $3 billion from sports betting since its launch. States with similar betting handles are nowhere close to this figure due to their lower tax rate (New Jersey: $675 million in taxes collected). … Read more
New York residents wagered $1.978 billion in handle through Nov. 26. The New York State Gaming Commission reported a sports betting handle over $516,000 for the week ending Nov. 26. New York became the first state to reach a $2 billion monthly online sports betting … Read more
New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK … Read more
New York mobile sports betting brought in over a $6 billion handle. New York reported $12.8 million in revenue. NEW YORK – New York expanded its sports betting industry in January 2022 by allowing mobile and online sports betting throughout the state. With the expansion, … Read more
In the first month with mobile sportsbooks available in New York, the state brought in over $1.6 billion in sports betting revenue and over $112 million in revenue. As a result, New York has become the largest sports betting market in the United States and … Read more