New York mobile sports betting handle declines in February
| By Robert Fletcher
Mobile sports betting handle in New York fell year-on-year in February, while both spending and revenue were also lower than the record figures posted in January.
Consumer spending on sports betting in February amounted to $1.47bn, down 3.9% from $1.54bn in the same month last year and also 17.9% behind the record $1.79n wagered in January 2023.
In terms of gross gaming revenue from mobile betting, this reached $108.3m in February, a 31.4% increase from $82.4m last year but 27.5% shy of the record $149.4m generated in January of this year.