“But it is about sustainability and the long term.” More states enter high-stakes fight Joseph Addabbo (D-Queens), who sponsored the sports betting measure in New York. “With a product as we have, I would expect we leapfrog over New Jersey,” said state Sen.
That’s more than New Jersey and neighboring Pennsylvania combined for the same period.Īnd with twice the population of New Jersey, New York, with its 20 million residents, is likely to eventually eclipse the title New Jersey has held since 2019 as the sports betting capital of the nation after its revenue surpassed Nevada and its sprawling Las Vegas sports books. In its first weekend, the four online sports operators in New York took in $150 million in wagers, and 650,000 unique player accounts were set up - which grew to 1.2 million accounts by the end of the first week, according to GeoComply, a software provider that ensures location for sports bettors. New York has surpassed early predictions as sports gambling giants like FanDuel, DraftKings and Caesars lured in new customers through massive incentives and free bets ahead of the start of the NFL playoffs.
