New York just running away sports betting capital of the world

[jjgold]

Look at these incredible numbers last month

New York mobile sports betting handle was $1.97bn during the month. This was up 45.9% year-on-year and the biggest amount since the record month of November 2023.

 

[Brock Landers]

Mob used to get 75% of that

 

[jjgold]

No more
Locals knocked out

 

[BobbyFK]

No more
Locals knocked out

I'm sure they're still plenty of locals if you know where to look

 

[baz]

Always has been. Always.

 

[jjgold]

I don’t know how they get all that volume. It’s incredible and that was May.

 

[fiftycint]

FANDUEL at Meadowlands has some heavy hitters.I don't like the place but the betting and size of the bets are eye popping

 

[jjgold]

Fifty yes

Tight security there at all times I believe two state troopers with guns


I would think a lot of drug money
That place is right in the middle of massive population

 

[Capitalist Pig]

Look at these incredible numbers last month

New York mobile sports betting handle was $1.97bn during the month. This was up 45.9% year-on-year and the biggest amount since the record month of November 2023.

So how much of that number do you estimate used to be played offshore? Whatever the amount that’s a big hit for offshore books to lose volume wise.

 

[baz]

I don’t know how they get all that volume. It’s incredible and that was May.

The size of the population combined with that culture? I was taught growing up that people back east bet sports, it is part of their life.

 

[jjgold]

I think local/offshore has been reduced by about 20%

 

[KVB]

So how much of that number do you estimate used to be played offshore? Whatever the amount that’s a big hit for offshore books to lose volume wise.

Now we know offshore has lost some, but why credit the hit to offshore?

Betting has always been huge right there in NY and Jersey.

It's just coming out as legal now, not to mention the new breed who has come along since Chris Christie paved the way years ago.

 

[charliebrown]

Ny cal Texas fla nc Ohio

Those states dominate everything

 

[fiftycint]

Fifty yes

Tight security there at all times I believe two state troopers with guns


I would think a lot of drug money
That place is right in the middle of massive population

More like a state police barricks there.Close to a dozen on weekends and 6-7 most of the time

 

[jjgold]

Wow



Obviously, I haven’t been there in a few years