"We always knew New York had this kind of potential, just by how many New Yorkers had been going over toFootball fans watch the action on wall-mounted video screens in the sports betting lounge at the Ocean Resort Casino, Sept. 9, 2018, in Atlantic City, N.J. Addabbo Jr. promised there will be more online booking companies coming soon as the state aims to pass New Jersey as the No. 1 sports betting market in the nation.
In October, New Jersey set the national monthly record when state casinos and sportsbooks netted $1.3 billion. November and December made a combined $1.2 billion. In-person sportsbooks in New York took in far less than mobile operators: nearly $8.5 million in the weeks ending Jan. 9 and 16. Rivers Casino in Schenectady took nearly $3.3 million worth of bets, the del Lago Casino in Waterloo took $2.9 million, Resorts World Catskills in Monticello handled $2.2 million and Tioga Downs Casino in Nichols handled $757,115 in bets.
There's a key difference between the neighboring states, however. New York taxes mobile operator revenue at 51%, while New Jersey takes a 13% cut.
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