New York’s gaming industry posted strong numbers for November, with a wagering handle of $2.27 billion and casino revenues reaching $457 million. The state’s sports betting sector continues to thrive, driven by high player engagement and growing operator competition.
Sports Betting and Casino Growth
Sports wagering brought in $2.27 billion in bets for November, slightly below October’s record $2.32 billion. This represents a 7.8% increase year-over-year and brings the total handle for the fiscal year to $14.8 billion. Gross gaming revenue (GGR) from sports betting reached $231.6 million, the highest so far this fiscal year, up from October’s $176.3 million.
FanDuel led the market with $921.2 million in handle and $102.6 million in GGR. DraftKings followed with $745.4 million in bets and $77.1 million in GGR, while Fanatics reported $170.2 million in handle and $13.8 million in GGR. These operators continue to dominate the New York market, with FanDuel and DraftKings maintaining their competitive edge.
Casino gaming also showed growth. Total GGR reached $56.9 million, a 5.8% increase from October and 5.04% higher year-over-year. Year-to-date casino revenue has now climbed to $457.2 million, supported by consistent player interest in slots and table games.
Game-Specific Revenue
Slots remain the biggest revenue driver, contributing $40.3 million in GGR for November, up 8.6% year-over-year. Table games followed with $14.98 million, marking a 17.3% increase from October but a slight dip of 5.3% compared to the previous year. Poker table revenue reached $954,211, with performance peaking in August when it exceeded $1 million.
Tax Revenue and Future Outlook
November saw $13.7 million in gaming tax revenue, up from $12.8 million in November 2023. Year-to-date taxes have reached $346.5 million, highlighting the financial impact of the growing gaming market. As sports betting and casino revenues continue to rise, New York’s gaming sector remains a strong contributor to the state’s economy.
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