Gambling NewsIndustry

New York Reports Best Sports Betting Monthly Handle

Over the past few years, our analysts here always emphasize the potential of online sports betting in New York when we talk about their market in our gambling industry news section. And now that the New York State Gaming Commission has released the numbers of its first month (technically just three weeks), our said analysts have been giddy seeing the numbers. And that a monthly handle it is. The best sports betting monthly handle ever recorded in the US is now January 2022, by New York, with $1,686,263,898.

The amazing handle reported by New York covers the period January 8 to 31, so its actually a week short if we are to compare them with the handle of other states. Proving that the use of bookie software and online sportsbooks are truly what the public needs, New York’s handle actually only covers an incomplete list of sportsbooks. Not all online sportsbooks launched in January 8, as they had a slower roll out of sportsbooks opening.

Best Sports Betting Monthly Handle

New York Reports Best Sports Betting Monthly HandleOnline sports betting takes up the majority of the handle, with $1.669 billion coming in from online sportsbooks. This is also the highest national record for a mobile betting handle. Many pay per head sportsbook bookies have reported very generous handles in the start of the year, but New York’s is nothing short of amazing.

Many experts are now looking at what February’s handle will be for the state. The Super Bowl is the biggest sports betting event, so that will bring in a lot of wagers. However, the NFL regular season was also over by February, so there are no professional football games save for the Super Bowl. But since the NBA, the NCAA basketball, and the NHL are still running, and we now have more online sportsbooks running, we might see a handle as good as its first month.

 

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