In the world of sports betting, April was a month to remember in New York as the state’s total betting handle just missed the $2 billion mark. With a total handle of $1.98 billion, it was a remarkable increase from the previous month and set a new record for the Empire State.
The increase in sports betting activity can be attributed to several factors, including the start of the MLB season and the ongoing NBA and NHL playoffs. With so many major sporting events taking place in April, it’s no surprise that bettors were eager to get in on the action.
One of the key drivers of the record-breaking handle was the popularity of mobile sports betting. With bettors able to place wagers from the comfort of their own homes, more people than ever before were able to participate in the action. In fact, mobile wagering accounted for over 80% of the total handle in April, highlighting the importance of this convenient and accessible form of betting.
Another factor contributing to the increase in betting activity was the continued expansion of the sports betting market in New York. With more sportsbooks launching in the state and offering a wider range of betting options, bettors had more choices than ever before when it came to placing their wagers.
Despite falling just short of the $2 billion mark, the record-breaking handle in April is a clear indication of the growing popularity of sports betting in New York. With more and more bettors getting in on the action, the future looks bright for the state’s burgeoning sports betting industry.
