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New York sets $2.11bn handle record in November

| By Robert Fletcher
Consumers in New York spent $2.11bn (£1.68bn/€1.96bn) betting on sports online during November, a new record for the state and the highest amount ever bet in any US state in a single month.
New York November

The November figure surpassed the existing New York record of $2.01bn set in October this year by 5.0%. New York in October became the first state to take over $2.00bn in legal sports bets in any given month.

The amount wagered in November was also 36.1% ahead of $1.55bn in the same month last year.

Online revenue for the month reached $150.9m. This was 9.3% behind the record $166.3m set in October but 1.8% higher than $148.2m in November 2022.

Out in front in New York with FanDuel

Flutter Entertainment-owned FanDuel stretched its lead in New York in November. Players spent $923.4m wagering on sports with FanDuel, with revenue reaching $69.2m for the month.

Long-time rival DraftKings was second with a $723.1m handle and $54.3m in revenue. Next was Caesars, taking $205.0m in bets and posting revenue of $11.6m.

Elsewhere in New York, BetMGM processed $120.6m in online wagers and generated some $7.9m in revenue. Rush Street Interactive reported a $76.6m handle and $5.0m in revenue for November.

PointsBet took $27.2m in bets and recorded a $2.4m handle, while Resorts World Bet had a handle of $6.8m and generated $483,433 in revenue. BallyBet, back online for the first time since pausing operations back in July, took $4.3m in bets and posted revenue of $234,163.

Wynn Interactive completed the market as the only operator to post a loss in November. The brand took $11.3m in online bets in New York but reported a $312,427 loss for the month.

Voluntary self-exclusion support programme launches in New York

Also in November,  the New York State Responsible Play Partnership (RPP) launched a new, voluntary self-exclusion (VSE) support programme to help people withdraw from gambling.

New York launched voluntary self-exclusion (vse) support programme IN NOVEMBER

The VSE support programme allows players who may have a gambling problem to find resources they need to help them self-exclude. 

By voluntarily self-excluding, players are halted from taking part in any legal gambling activity in New York. This includes online gambling and entering licensed gambling establishments.

The programme also grants more powers to workers at the New York Council on Problem Gambling (NYCPG). Staff from the NYCPG can explain the self-exclusion process to players and help them complete the necessary VSE forms.

NYCPG workers can also connect individuals to problem gambling treatment providers.

MGM Resorts maps out commercial casino plans

In other news, MGM Resorts International in November unveiled its vision to transform its Empire City Casino in New York into a full-scale commercial casino.

MGM Resorts International plans to transform Empire City Casino into a full-scale commercial casino

The venue currently operates as a video lottery racino with slots and table games, harness racing betting and international simulcasting. However, MGM is seeking to transform the facility into a much larger venue with a range of facilities. 

Plans include a full-scale commercial casino with live-dealer tables, slots and a high-limit gaming area. Other planned on-site amenities include a BetMGM Sportsbook and Lounge betting facility, various restaurants and a 5,000-seater entertainment venue.

MGM Resorts also has a presence in the online market via its BetMGM joint venture with Entain.

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