industry news

Without Fanatics, New York’s August Betting Handle Went Up

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Infographic on New York's August sports betting handle. All books fell from $2.04 billion to $1.73 billion, while every book except Fanatics rose from $1.48 billion to $1.52 billion. Fanatics alone fell from $565.8 million to $213.2 million.

New York’s online sportsbooks took in $1.73 billion in August, down from $2.04 billion a year earlier, according to state Gaming Commission figures reported by EGR and Yogonet. That’s a drop of about 15%, only the second year-over-year decline the state has recorded, and Casino.org paired the number with prediction markets posting their busiest weekend … Read more

$3.3 Billion on March Madness. The Fed Wants to Talk About What Happens Next.

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NY Fed sports betting study infographic. Credit delinquencies among bettors up 10%. March Madness 2026 handle $3.3 billion. Bankruptcy risk up 10% in online betting states. Debt collections up 8%. Credit scores down 0.8 points. 70% of sportsbook profits from less than 1% of users. Sharpest declines among people under 40.

$3.3 Billion on March Madness. The Fed Wants to Talk About What Happens Next. Americans legally wagered an estimated $3.3 billion on the 2026 NCAA Tournament, according to the American Gaming Association. That figure is up more than 50% over the past three years. Michigan’s championship run, UConn’s miracle comeback against Duke, and three weeks … Read more