New York blows past $1 billion in online sports bets in just 3 weeks
CBSN
New Yorkers placed more than $1.1 billion in online sports bets in less than a month in January, shattering a previous U.S. record set by Arizona for the highest opening wagering handle.
The $1.1 billion represents wagers placed in New York during the first three weeks of January, according to data from the state's gaming commission. It doesn't account for bets placed from the last week of January, which state officials plan to release in coming days. Arizona set the previous record last fall after the state reported a combined $777 million handle in September and October, the Arizona Republic reported.
"Some states have taken months, even years, to get up to a running pace and New York seems to have hit the ground at full gallop," Eric Ramsey, market analyst lead for sports wagering data company PlayUSA Network, told CBS MoneyWatch. "There's not a question: New York is already the largest sports betting state in the country."
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