{"id":115012,"date":"2023-07-11T11:45:16","date_gmt":"2023-07-11T14:45:16","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2023\/07\/11\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\/"},"modified":"2023-07-11T11:48:26","modified_gmt":"2023-07-11T14:48:26","slug":"new-york-sees-1-17-billion-in-sports-betting-volume-in-june","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/07\/11\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\/","title":{"rendered":"New York sees $1.17 billion in sports betting volume in June"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">New York <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>sports betting<\/strong> <\/a>volume was $1.17 billion in June, up 11.3% year-on-year but 14% lower than in May of this year ($1.36 billion) . According to the New York Gaming Commission, revenue reached $103.8 million, down 31.7% from May but up 42% compared to June 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">New York operators ended June with a retention rate of 8.6%, down 2.5 points from the previous month. Reported tax revenue was $52.9 million, the lowest since August 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FanDuel remains the most popular bookmaker in New York with revenue of $47.2 million on a volume of $418.1 million. In second place is DraftKings, which registered $37.1 million of a volume of $488.5 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Caesars generated $8.6 million from $124.8 million volume, while BetMGM generated $7 million from $75.4 million volume.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Legal online <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a> in New York started last year, and the state has become the largest market in the US. To date, over $9.1 billion has been legally wagered at online sportsbooks. That figure is 6.67% higher than the $8.5 billion wagered in the first half of 2022. Bookmakers earned nearly $51 million in after-tax revenue.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">$10 billion casino to be built in New York<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Related Companies, developer of Hudson Yards, recently said it will make a $10 billion investment in the western half of Hudson Yards with a <strong>Wynn<\/strong> <a href=\"https:\/\/igamingbrazil.com\/en\/casino-en\/2023\/05\/24\/wynn-resorts-listed-among-the-top-50-community-driven-companies-in-the-united-states\/\" target=\"_blank\" rel=\"noreferrer noopener\">casino<\/a> and resort tower kicking off the project, according to The Post.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Wynn tower would include a 1,700-room hotel that would help service the Javits Center, Related CEO Jeff Blau said. \u201cIt would be one of the most incredible buildings in New York City,\u201d declared the company&#8217;s CEO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York sports betting volume was $1.17 billion in June, up 11.3% year-on-year but 14% lower than in May of this year ($1.36 billion) . According to the New York [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":114987,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2831],"tags":[3082,8659,3114],"class_list":["post-115012","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports-betting-en","tag-bets","tag-new-york-betting","tag-sports-betting-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New York sees $1.17 billion in sports betting volume in June - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"New York sports betting volume was $1.17 billion in June, up 11.3% year-on-year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/07\/11\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York sees $1.17 billion in sports betting volume in June - iGaming Brazil\" \/>\n<meta property=\"og:description\" content=\"New York sports betting volume was $1.17 billion in June, up 11.3% year-on-year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/07\/11\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Brazil\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/igamingbrazil\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T14:45:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-11T14:48:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/igamingbrazil.com\/wp-content\/uploads\/2023\/07\/Nova-York-registra-US-117-bilhao-em-volume-de-apostas-esportivas-em-junho.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lucas Silva\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@iGamingBrazil\" \/>\n<meta name=\"twitter:site\" content=\"@iGamingBrazil\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucas Silva\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/\"},\"author\":{\"name\":\"Lucas Silva\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/#\\\/schema\\\/person\\\/67f3b30ffdc2a8b43e04008ade5fcb12\"},\"headline\":\"New York sees $1.17 billion in sports betting volume in June\",\"datePublished\":\"2023-07-11T14:45:16+00:00\",\"dateModified\":\"2023-07-11T14:48:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/\"},\"wordCount\":251,\"publisher\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/igamingbrazil.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/Nova-York-registra-US-117-bilhao-em-volume-de-apostas-esportivas-em-junho.png\",\"keywords\":[\"Bets\",\"New York betting\",\"Sports Betting\"],\"articleSection\":[\"Sports Betting\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/\",\"url\":\"https:\\\/\\\/igamingbrazil.com\\\/en\\\/sports-betting-en\\\/2023\\\/07\\\/11\\\/new-york-sees-1-17-billion-in-sports-betting-volume-in-june\\\/\",\"name\":\"New York sees $1.17 billion in sports betting volume in June - 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