![]() “Not only has the industry bounced back from the pandemic but the industry has expanded,” says Bussmann. Sportsbooks across the state generated $1.4 billion off those wagers.īrendan Bussmann, the managing partner of B Global, a consulting firm focused on gaming and hospitality, says it’s a good sign that the industry racked up two years of record-setting revenue after getting crushed by the pandemic in 2020. In the Empire State, bettors wagered a total of $16.7 billion through mobile app during the market’s first year in operation, according to the New York State Gaming Commission. ![]() ![]() New York, meanwhile, has become the country’s largest sports betting market. The Silver State has also been on a remarkable winning streak as gamblers have spent more than $1 billion a month for 21 consecutive months. Through the first 11 months of 2022, casinos in Nevada generated $13.5 billion in gaming revenue, up 10.2% over 2021, according to the Nevada Gaming Control Board. In Nevada, the country’s epicenter of gambling, the state’s casinos already broke last year’s historic revenue record of $13.4 billion by November.
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