Gross gaming revenue (GGR) for the market, from DraftKings’ finance offerings in the state, recorded a significant increase of 45.2% to reach $3.3 million in September. Additionally, the state’s total handle also experienced a notable rise of 13.8% to reach $47.1 million.
Mobile sports betting dominated as the main revenue generator for the financial sector in January this year. Income from mobile sports betting soared to $3.8m, showcasing a remarkable 65.2% increase compared to $2.3m recorded in September. Additionally, mobile users wagered a substantial $40.2m, marking a 9.8% surge since September and constituting a notable 85.4% of the total betting activity during the month.
| Month | Revenue from Mobile Sports Betting (in millions) | Wagered Amount via Mobile (in millions) | Percentage of Total Betting |
|---|---|---|---|
| September | $2.3 | – | – |
| January | $3.8 | $40.2 | 85.4% |
In the finance sector, the retail industry recorded a remarkable growth in September. The revenue surged to $450,149, a significant improvement compared to the loss of $29,902 in the same month. Moreover, retail handle reached $6.8 million, exhibiting a substantial increase of 70.6% from the previous month’s wagered amount of $4.8 million.
