Cheektowaga, NY

New York State Sees $2 Billion in Wages in First 30 Days of Mobile Sports Betting

J.M. Lesinski
A local neighborhood in Cheektowaga, New York showing off Buffalo Bills pride.Photo by J.M. Lesinski

When New York state began mobile sports wagering on January 8, 2022, people expected a big influx of revenue from it, but the record-breaking near $2 billion in wagers within the first thirty days exceeded all expectations. The number, reportedly more than any state has ever previously reported, is expected to generate $70 million in state tax revenue for programs like education, youth sports, and more via mobile sports wagering state law.

"Over the past month, we've seen how mobile sports wagering can be an economic engine for New York, driving significant funding to our schools, youth sports, and so much more," New York State Governor Kathy Hochul remarked of the numbers. "As this new industry continues to grow, New York will make sure we have the resources and guidelines in place to make it a success for all."

In 2021, Hochul launched the preparation of mobile sports wagering in New York state, directing the New York State Gaming Commission to engage the licensed companies involved and complete regulatory requirements. The end goal of New York state mobile sports wagering was originally to encourage New Yorkers to bet in state, rather than traveling over state borders to wager.

"When we brought mobile sports betting to New York, we had confidence it was going to be a success, but to be able to break the national record of total handle for sports betting in a single month in our very first month, with primarily only six sportsbooks, is both rewarding and promising,” stated New York State Senator Joseph Addabbo Jr. of the numbers. “Breaking this record proves that New York was ready for mobile sports betting and we are providing our state with a new significant revenue, educational and addiction funding source. It also can give us an indication of where we go from here, building upon a solid foundation especially with the Super Bowl and March Madness within our sights. The future is extremely bright for mobile sports betting in New York!"

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I have worked as a professional journalist for over five years now, covering the arts, music, food, politics, and culture up and down both coasts of the United States. I have a B.A. in English from SUNY Fredonia with minors in Psychology and Creative Writing, as well as an M.F.A. in Creative Writing from California State University, Fresno.

Buffalo, NY

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