New York ranked as the leading US sports betting market after hitting a quarterly record for total commercial gaming revenue, fueled by the January roll-out of online sports betting.
The Empire State’s commercial revenue reached $996.6 million in the first quarter, 81.9% higher than the first quarter of 2021, according to a report released Wednesday by the American Gaming Association.
State revenue in the first quarter hit $320.9 million on $4.87 billion in total wagers.
“Q1’s strong results build on the industry’s record year in 2021 despite continued headwinds from supply chain constraints, labor shortages, and the impact ...