Here’s how much New Yorkers bet on the Super Bowl

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New Yorkers bet the house on the Super Bowl last week.

The state saw a betting bonanza on mobile sports betting apps as residents bet $472.1 million ahead of the big game, according to the New York State Gaming Commission.

The week leading up to the contest proved to be one of the most lucrative since New York approved legalized online sports betting on January 8.

In the third week of January, New Yorkers placed a total of $572.5 million in bets, the highest to date.

Albany is betting on mobile sports betting to generate a substantial amount of tax revenue. The state is taking a 51% cut in the gross revenue generated by each of the seven licensed mobile game providers.

Two other providers are awaiting approval to start taking bets.

DraftKings, one of the providers licensed to operate in the state, said 1.7 million users of its platform bet on the game, which was won by the Los Angeles Rams in a thriller about the Cincinnati Bengals.

Seven providers have been granted licenses to operate online sports betting apps in New York State.
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“That was by far the most we’ve ever had in a day and it’s not even close,” Jason Robins, CEO of DraftKings, told Bloomberg.

“I can tell you that was up, extraordinarily higher year over year than last Super Bowl.”

In fiscal year 2022, New York State plans to remove $249 million in taxes on gambling revenue.

“Over the past month, we’ve seen how mobile sports betting can be an economic engine for New York, generating significant funding for our schools, youth sports and much more,” Governor Kathy Hochul said in a statement. a statement.

Across the Hudson River, New Jerseyans placed $143.7 million in Super Bowl bets.

So far, all predictions that legalizing New York would eat away at Garden State’s slice of the mobile gaming pie have proven to be futile.

New Jersey residents placed a total of $1.3 billion in online sports bets in the month of January, an all-time high.

Thirty states now offer legal online sports betting, although the nation’s largest state by population, California, does not.

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