Sports betting in New York has reached a record-breaking $2 billion in April 2021, according to the New York State Gaming Commission. This marks the highest amount of sports betting revenue ever generated in the state since the industry was legalized in 2019.

The record-breaking revenue is a result of the state’s mobile sports betting market, which has grown exponentially since its launch in July 2020. The mobile sports betting market now accounts for more than 80% of all sports betting revenue in the state. This is due to the convenience and accessibility of mobile betting, as well as the wide range of sports and markets available to bet on.

The growth of the New York sports betting market has been driven by a number of factors, including the legalization of online sports betting, the introduction of new sportsbooks, and the expansion of existing sportsbooks. The legalization of online sports betting has allowed bettors to place wagers from anywhere in the state, while the introduction of new sportsbooks has increased competition and provided bettors with more options. Additionally, existing sportsbooks have expanded their offerings to include more markets and events, which has further increased the appeal of sports betting in New York.

The record-breaking revenue generated in April 2021 is a testament to the success of the New York sports betting industry. It is a sign that the industry is continuing to grow and expand, and that bettors are taking advantage of the wide range of options available to them. As the industry continues to grow, it is likely that New York will continue to set new records for sports betting revenue in the future.