Record-breaking online sports betting revenue in NY 🚀

In February 2024, New York reported record-breaking online sports betting revenue, reaching $211.5 million. NY players spent $1.77 billion on online sports wagers, with a revenue of $131.4 million. This marked a 20.4% increase from February 2023 but a 9.7% decrease from January 2024. FanDuel led operators with $63.4 million in revenue, followed by DraftKings with $53.4 million. The total spending for the financial year to date was $17.8 billion, showing an 8.6% rise from the previous year, while the state's revenue for the 11 months ending February 29 reached $1.61 billion, reflecting a 10.5% growth.