New York sports betting remains solid, as handle and revenue both increased year-on-year in May. However, player spending fell to an eight-month low, according to the latest report from the New York State Gaming Commission.
Operators reported a handle of $1.36 billion during May, down 11.7% from the $1.54 billion handled in April but up 7.9% from the same period last year. However, this was also the lowest monthly amount since September 2022, when the handle total amounted to $1.26 billion.
In terms of revenue, the Commission reported a total of $152 million for the month, up 38.4% from the $109.8 million in May of last year and also 9.5% ahead of $138.8 million in April this year.
