NY Smashes Monthly Mobile Sports Betting Record

dip in weekly wagering volume. For the week ending January 29, 2023, the 9 sportsbooks clocked US$ 344.8 million in online betting activity. This was considerably lower than the quantity from the previous week with US$ 450 million.

Issue Gambling is on the Rise

Even after the significant success of mobile sports wagering, legislators ought to still take into account the truth that its accessibility might harm New Yorkers. According to the New York Council on Problem Gambling a growing number of young people from age of 18- to 24-year-olds the state has actually looked for assistance concerning their compulsive betting practices.

The company declares that this group has actually now ended up being pathological bettors, due to the launch of online sports wagering. Obviously, the council’s recommendation network telephone line has actually tape-recorded a 25% boost in calls because the launching of the brand-new digital offering in the state. That is why the council is lobbying for increased funds for taking on issue betting.

Source: Mazzeo, Mike “Online NY Sports Betting Handle Tops Another Record Of Its Own” Legal Sports Report, February 6, 2023

Also read  County of Barrhead in Favour of Camrose Casino Relocation