State-licensed mobile sportsbooks set new weekly highs in mobile sports betting, according to a recent report from the New York State Gaming Commission. For the seven-day period ending October 15, 2023, the state's eight digital operators generated $62 million in total gaming revenue. So, starting in January, it broke the previous record of $57.5 million. In January 2022, Empire State gave mobile operators permission to propose and accept legal online bets on sports. The market allows a total of nine privately owned brands to operate in it. However, one of the current operators, Vallibet, is not online as it went offline a few months ago to incorporate new technologies and revamp its offerings For the week ending Oct. 15, 2023, active operators produced a total of $402.7 million in betting handles, which meant they produced a fifth handle worth more than $400 million in the last six weeks, as the football season in Empire State is becoming a significant catalyst for digital sportsbooks. As mentioned, the state recorded the highest online sports betting revenue since its January 2022 market debut. The operator reported revenues of approximately $62 million, breaking the previous record of $57.2 million compared to the week of January 22, 2023. It also represented a 100.6% jump in revenue compared to $30.9 million the previous week. Panduel accounted for nearly half of its revenue, disclosing revenue of US$29.6 million from online sportsbooks. This is the highest for a company in the state. Produced with $160 million in handles and 18.5% of possession. DraftKings received $145.9 million in total bets and $23 million in pretax revenue. Meanwhile, Caesars Sportsbook again ranked third, with total bets of US$42.5 million and 11.5% winning rate this week. BetMGM contributed US$22.3 million of its weekly trading volume to earn $3.1 million, while BetRiver recorded US$22.7 million of activity. It was the largest in the state to date. Disadvantages of Online Sports Betting However, the growing popularity of sports betting is not good. Recent reports suggest that since the introduction of digital offerings, the number of New Yorkers who have chosen to participate in voluntary self-exclusion programs has skyrocketed. Surveys show a 33% increase in exclusion requests in the first 12 months of mobile sports betting. Jeffrey Beersvik, head of the Buffalo Western Gambling Resource Center, also backs up claims that the market's rollout has led to gambling problems. He explained that more people sought help after the start and were mostly young people. But he said there was not enough funding to properly combat the growing addiction. [바카라사이트](https://www.outlookindia.com/outlook-spotlight/2023년-한국을-대표하는-카지노-사이트-best-10--news-326663 )