Sports Betting Operators in New York Set New Weekly Revenue Record

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Sports Betting Operators in New York Set New Weekly Revenue Record
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The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January.

The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.

The amount wagered was the first handle of a half-billion dollars since the week ending March 24 and up 10% from the previous period. Every sportsbook in the Empire State saw a rise in week-over-week profits except for one, and the 13.5% weekly hold was nearly nine points higher than the previous period. DraftKings broke the record of $33.4 million set previously by FanDuel in January and accounted for 51% of the overall revenue for the week.

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