Publish
Global iGaming leader
iGaming leader platform:
Home>News channel>News details

New York FY 2024-25: Mobile sports betting revenue increases by 20%, reaching $23.9 billion; total gaming revenue (GGR) reaches $2.14 billion.

PASA News
PASA News
·Mars

The New York State Gaming Commission has announced the results of mobile sports betting for the period from April 2024 to March 2025.

Mobile sports betting revenue increased by 20% year-over-year, reaching $23.9 billion, with a total gaming revenue (GGR) of $2.14 billion.

The best-performing month for sports betting was January, which may be attributed to increased activity prior to the Super Bowl LIX event.

In January, the betting amount and total gaming revenue were $2.48 billion and $247 million respectively, followed by March with $2.44 billion in betting amount and $161.8 million in total gaming revenue.

Other months with strong performance include December ($2.28 billion), November ($2.27 billion), and October ($2.32 billion).

However, from the perspective of total gaming revenue (GGR), the best-performing months after January were November ($231.6 million), September ($204.7 million), and May ($203.3 million).

It is noteworthy that since the legalization of mobile sports betting in 2022, the monthly betting amount exceeded the $1 billion mark for the first time during the period from April 2024 to March 2025.

The New York Gaming Commission noted that $23.3 million also came from previous adjustments, fines, and penalties—part of which could be attributed to a $17.5 million fine solely issued to Underdog.

Of this, $1.11 billion will be used to support the state's education; this includes $6 million for gambling education and treatment, and $5 million for youth sports activities and annual awards for sports programs serving underserved youth.

美国
美国
#iGaming#市场分析#产业AI纽约博彩收入增长AI超级碗LIXAI纽约博彩委员会AI移动体育博彩AI博彩总收入

Risk Warning: All news content is created by users. Please maintain an objective stance and discern the content viewpoint on your own.

PASA News
PASA News
250share
Sign in to Participate in comments

Comments0

Post first comment~

Post first comment~