GeoComply Figures Show Mobile NY Sports Betting Debut Weekend a Huge Success

GeoComply Figures Show Mobile NY Sports Betting Debut Weekend a Huge Success
By Lou Monaco

More than double the transaction volumes as the state that held the previous record.

A figure from New York City alone that was larger than any other state total that came before it in the United States.

That are just two of the mind-boggling numbers that came out of the first weekend of mobile New York sports betting.

The numbers come from GeoComply, which is based in Vancouver and bills itself as the “global market leader in geolocation security.”

Bottom line: The first full weekend of mobile wagering in the Empire State was a resounding success.

The phenomenal numbers certainly were aided by New York sports betting promo codes that operators were offering.

There were 5.8 million transactions recorded Saturday in New York after the 9 a.m. market launch.


Day 2 Even Bigger with NFL

Sunday, and what turned out to be a wild last day of the NFL regular season, was even bigger.

Four mobile operators (Caesars Sportsbook New York, DraftKings New York, FanDuel New York and BetRivers New York) had a full slate of games and bettors could wager on the now-AFC East champion Buffalo Bills, the New York Jets and Giants or any other NFL team, over/under, parlay, you name it. And 17.2 million bets were made, including more than 8 million from New York City’s five boroughs.

For the best New York sports betting odds and lines, you can count on NewYorkBets.com.

Lindsay Slader, managing director of gaming at GeoComply, posted the above figures and more on her social media pages.

Slader posted on Saturday about comparing state rankings of GeoComply’s geolocation transaction volumes from 9 a.m.-9 p.m. ET Saturday.

New York, at 5.8 million, blew away the field, followed by Pennsylvania (2.3 million), New Jersey (2.1 million), Michigan (1.6 million), Illinois (1.1 million) and Arizona (1 million).

“A launch this size is historically unprecedented, with volumes eclipsing the second closest ranked state, PA, by approx. 2.5 times,” Slader wrote in a post from her LinkedIn account Saturday night.

The New York State Gaming Commission (NYSGC) announced Thursday that four mobile sports betting platforms have been approved to launch at 9 a.m. Saturday.

The operators granted licenses back on Nov. 8 but not yet approved to launch are: WynnBET NY, BetMGM NY, PointsBet NY, Bally Bet NY and Resorts World. Those platforms will be allowed to start operations when they have cleared statutory regulations in the eyes of the state, possibly on a rolling basis.

This Saturday’s start of the NFL Playoffs would bring some urgency to have those operators approves, possibly this week.


Just in Time for National Title Game

Of course, there is a huge sporting event tonight.

The championship of college football is on the line when Georgia meets Southeastern Conference foe Alabama in Indianapolis.

On Dec. 4, Alabama defeated Georgia, in the SEC championship game, 41-24.

DraftKings New York lists Georgia as a 3-point favorite as of Monday afternoon. The Bulldogs are a -140 moneyline favorite. Alabama is a +120 underdog on the moneyline. The over/under is 52.5 points.

Georgia is coached by Kirby Smart, who once was an assistant under current Alabama coach Nick Saban.

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Contributors

Lou Monaco has been a columnist for Gaming Today in Las Vegas and has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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