{"id":8327,"date":"2024-12-07T01:05:03","date_gmt":"2024-12-07T01:05:03","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/12\/07\/new-york-gambling-revenue-hits-2-27-billion-in-november\/"},"modified":"2024-12-07T01:05:03","modified_gmt":"2024-12-07T01:05:03","slug":"new-york-gambling-revenue-hits-2-27-billion-in-november","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/12\/07\/new-york-gambling-revenue-hits-2-27-billion-in-november\/","title":{"rendered":"New York Gambling Revenue Hits $2.27 Billion in November"},"content":{"rendered":"<div>\n<p>New York\u2019s gaming industry posted strong numbers for November, with a wagering handle of $2.27 billion and casino revenues reaching $457 million. The state\u2019s sports betting sector continues to thrive, driven by high player engagement and growing operator competition.<\/p>\n<h2>Sports Betting and Casino Growth<\/h2>\n<p>Sports wagering brought in $2.27 billion in bets for November, slightly below <strong><a href=\"https:\/\/igaming.org\/sports-news\/new-york-hits-record-2-32-billion-in-sports-betting-for-october\/\">October\u2019s record $2.32 billion<\/a><\/strong>. 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\u2019s $176.3 million.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2>Game-Specific Revenue<\/h2>\n<p>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.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Tax Revenue and Future Outlook<\/h2>\n<p>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\u2019s gaming sector remains a strong contributor to the state\u2019s economy.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/new-york-gambling-revenue-hits-2-27-billion-in-november\/\">New York Gambling Revenue Hits $2.27 Billion in November<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York\u2019s gaming industry posted strong numbers for November, with a wagering handle of $2.27 billion and casino revenues reaching $457 million. The state\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8327","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8327"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8327\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}