Sports betting industry report

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In the Empire State, bettors wagered a total of $16.7 billion through mobile app during the market’s first year in operation, according to the New York State Gaming Commission. New York, meanwhile, has become the country’s largest sports betting market. The Silver State has also been on a remarkable winning streak as gamblers have spent more than $1 billion a month for 21 consecutive months. Through the first 11 months of 2022, casinos in Nevada generated $13.5 billion in gaming revenue, up 10.2% over 2021, according to the Nevada Gaming Control Board. In Nevada, the country’s epicenter of gambling, the state’s casinos already broke last year’s historic revenue record of $13.4 billion by November.

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