New York collects over $1 billion in gross gaming revenue from mobile sports betting

“Since New York entered the mobile sports betting market back in January, we have collected over $1 billion in gross gaming revenue,” State Senator Joseph P. Addabbo, Jr. said. “That is an incredible achievement — especially in only a 10 month timespan with only 9 operators — with the majority of this money going towards the state’s educational coffers, gaming addiction programs, as well as youth sports programs. With this great start, I look forward to a greater potential for increasing the benefits of mobile sports betting for the residents of New York with the NFL season in full swing, the NHL and NBA seasons getting underway and the World Series about to kick off. As we seek to possibly expand into iGaming, I am confident that New York will continue to lead the pack and be the premier mobile gaming destination in the country.”