The NYC Betting Market Revenue in February 2022

By | March 14, 2022

The bookmakers of New York report $1.5 billion wagers in February 2022. This sum indicates a decrease compared to the previous month. January 2022 report was counted by $1.7 billion of placed bets.  However, the NYC betting market is still taking the second position in the US.  The gambling experts have analyzed the markets to understand the direction of development. Find more betting news on the website not to miss any updates.

The analytics from PLayNY.com have researched the betting markets of different US states. One of the biggest betting markets – NYC – received wagers of $1.5 billion in February 2022. This result is 12% lower than in January 2022. In the first month of 2022, the NYC betting market reported $1.7 billion of wagers, the biggest result of all time. The NY authority was expected the $1 billion revenue in February, but the real numbers exceeded expectations.

Considering the online betting market, the daily sum of wagers was $54.6 million. Compared to the January report, when the bookmakers got $69.6 million in a day, the difference is noticeable.

Eric Ramsey, the analytics expert for the PlayUSA.com Network, was sure that the rollback in earnings in February was obvious. However, its duration did not particularly affect the overall result.

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