- New York reached a total GGR for mobile sports wagering of $247,046,629 for January 2025.
- The net revenue for education is 51% of their GGR which totals $125,993,781.
- New York sportsbooks received a total of $23,028,774 in fines and penalties, the highest it has ever been.
ALBANY, N.Y. – New York surpassed its previous gross gaming revenue (GGR) when it comes to mobile sports wagering. In January of 2025, NY reached over $240,000,000 in GGR with the previous high being just over $230,000,000.
The mobile sports wagering GGR is split so that 49% goes back to the gaming platforms and 51% goes toward education. This 51% means that $125,993,781 is going toward the state’s education system as calculated by the New York State Gaming Commission.
Although over $125,000,000 is going toward education, New York sportsbooks were fined a massive amount of $23,000,000, something that has never come close to happening in the history of New York mobile sports wagering. Their second-highest fine amount was $165,544 in December of 2024. The reasons for this large fine are still unsure, but there will be a meeting in New York on Monday to discuss the reasons.
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Ever since New York has become a state with online sportsbooks, it has brought in the most sports betting revenue of any state by far.
Still, it may cause the online sportsbooks that were fined to reconsider the types of bets that they offer.
McKenzie found her love for writing when she changed her major to Editing, Writing, and Media at Florida State University. She loves watching football and baseball with her family and grew up as an Alabama fan (Roll Tide). With a passion for both sports and storytelling, McKenzie brings a unique style of writing in her stories.
