U.S. Record: New York Online Betting Hits $ 2 Billion in October
Kate Marshal
14 November 2023
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New York has set a new national record for online sports betting in October 2023, with a whopping $2.007 billion in bets.
This is the first time any U.S. state has crossed the $2 billion mark in a single month.
New York has been a leader in online betting since it was legalized in January 2022. Every month in 2023, except for July, the online betting amount has been over $1 billion (it was $967 million in July). Compared to October 2022, the growth rate is almost 30%.
Before legalization, the betting amount was only around $21 million in December 2021. But by the end of January 2022, it jumped to $1.686 billion.
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