Finance & Revenue
3 years ago New York approved sports betting. Since then $58 billion in bets have been placed. In comparison, New York’s lottery, the biggest in the country, brought in $8.2 billion in sales during the 2023-2024 fiscal year while mobile sports betting brought in 1.7 billion in revenue. The American Gaming Association says New York State tops all states in sports betting state revenue. Neither California nor Texas permit sports betting.
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