New York sports betting handle hits nine-month high in December
| By Robert Fletcher
Consumer spending on mobile sports betting in New York reached its highest total in nine months during December, although revenue fell month-on-month.
The state’s handle for December was $1.62bn (£1.34bn/€1.52bn), up 3.9% from $1.56bn in November and the third-highest monthly amount since the state launched its legal online betting market in January 2022.
However, gross gaming revenue from sports wagering fell for the first time in five months, with the December total reaching $141.8m, down 4.34% from the record $148.2m reported in November.