It was the 16th time in 20 months of online betting that the New York market surpassed the $1 billion mark in bets.
According to the New York Gaming Commission, revenue reached US$98.5 million, which represented a drop of 1.1% compared to August 2022, when US$99.6 million was recorded.
FanDuel had a net profit of just under $42 million, while DraftKings reported gross gaming revenue of $35.4 million.
Caesars generated $9.6 million from $120 million in total bets, while BetMGM reported $6.5 million from $70.5 million in sports bets.
BetRivers made $3 million from a total of $36.3 million in bets.
Operators paid $50.3 million in taxes, bringing the total for the first eight months of the year to $520 million, nearly $121.8 million more than last year’s total through August.
Beyond sports betting: new casino will be built in New York
Lawmakers in New York’s Nassau County gave the green light to a 99-year lease with Las Vegas Sands to build and operate a $4 billion casino on the site of the Nassau Coliseum in Long Island.
Las Vegas Sands agreed that the “gaming” component would represent only 10% of the new integrated resort.
The lease approval was originally signed by the National Capital Planning Commission (NCPC).