Sports betting handle and revenue in New York both increased year-on-year in May, though player spending fell to an eight-month low.
Consumers wagered a total of $1.36bn on sports during the month, up 7.9% from $1.26bn in May 2022 but 11.7% lower than $1.54bn in April of this year.
This was also the lowest monthly amount since September 2022, when handle amounted to $1.26bn.
In terms of revenue, this reached $152.0m for the month, a rise of 38.4% from $109.8m in May of last year and also 9.5% ahead of $138.8m in April 2023.
FanDuel retains top spot
Breaking down performance by each operator, FanDuel remained the market leader with $76.0m in revenue from a $561.4m
Next was DraftKings with $47.7m from $471.1m, ahead of Caesars on $13.9m off a $162.9m handle.
BetMGM followed with $8.9m off $162.9m, then Rush Street Interactive with $3.2m from a $35.9m handle, and PointsBet on $1.2m from $19.1m.
Wynn Interactive generated $461,011 in revenue from a $7.9m handle, while Resorts World posted $416,605 off $4.3m. BallyBet rounded off the market with $173,560 from $2.2m in bets.