Three Takeaways from New York’s December Revenue Report

Three Takeaways from New York’s December Revenue Report
Fact Checked by Pat McLoone

The last month of 2022 was the culmination of an exciting year in the Empire State.

Here are three takeaways from December’s official figures for monthly mobile New York sports betting, released Monday by the New York State Gaming Commission (NYSGC):

What A Climb!

With the exception of July and August, December marked the 10th time in 12 months the state’s total mobile handle has eclipsed more than $1 billion.

Since July’s $800.75 million to December’s $1.623 billion, the Empire State has had a tremendous $823.03 million increase.

With the success of New York’s sports teams over the past six months (Yankees, Mets, Rangers, and currently with the Giants and Bills making the NFL playoffs), more opportunities will arise on the New York sports app of your choice.

The total handle for the month was $1.632 billion when the total of nearly $8.7 million from the state's four retail sportsbooks is factored in. The revenue for mobile and retail combined was about $143 million, including $1.2 million from the commercial, brick-and-mortar betting outlets combined.  

Look for NY sportsbook promos for all the top state operators at EmpireStakes.com. 

PointsBet Ends Year on Impressive Note

In the past few months, PointsBet Sportsbook New York has had a resurgence in the state.

Posting more than $48.04 million in December, the number was the second consecutive month in excess of $40 million for PointsBet and the third time it has gone above that mark since more than $53.19 million in April.

Since October, PointsBet has handled more than $128.49 million, launching itself into the top five of nine mobile providers in the state.

Opportunities Galore to Kick Off 2023

With the NFL playoffs schedule determined Sunday, football will be front and center, right through the Super Bowl in Glendale, Ariz. on Feb. 12.

New York Super Bowl betting was huge in the first year and surely will be again.

Some highlights to begin the new year:

---The surprising, sixth-seeded Giants will visit the third-seeded Minnesota Vikings Sunday at 1 p.m. That alone will provide an increase in interest this week and further if they advance.

---Tonight’s College Football Playoff final is a David vs. Goliath matchup, with TCU  a 13.5-point underdog at BetMGM NY  against defending champion Georgia.

---The NBA and NHL seasons are heating up and college basketball has just started conference play, leading into conference tournaments in February and March, with the NCAA Men’s College Basketball Tournament waiting for bettors in mid-March. 

Will 2023 be comparable to 2022 in the Empire State? Will New York avert the sophomore jinx?

It certainly is worth the gamble. 

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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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