New York became the first state to reach $2 billion wagered in a month. market also set a record for the highest monthly handle with $12.16 billion wagered, a 25.5% year-over-year increase. With the NFL, college football, NBA, MLB playoffs, and NHL all converging in the same month, online sports betting and retail sportsbooks combined to account for $1.13 billion in October, a 38.8% increase from the same month in 2022.
October marked the 32nd consecutive month of gaming growth in the U.S., which brought in over $16.2 billion in the third quarter of 2023. October generated $5.6 billion of revenue from online and retail legal sports betting, slots, and casino games combined, a record for that specific month and a 5.9% year-over-year increase, according to new figures from the American Gaming Association. A combination of a sports-filled calendar, new jurisdictions, and wagering-thirsty Americans equaled the third-highest-grossing month in U.S.