Mobile sports betting success increases odds for NYC casinos

The success of mobile sports betting in New York state has paved the way for three full-service casinos to open in or near the five boroughs, with a casino in Manhattan as a possibility.

As New York passed the 100-day mark of legal mobile sports betting Sunday, the amount of money wagered by residents—and the revenues gained by the state—exceeded the expectations held by proponents. New Yorkers have wagered nearly $5 billion so far, and the state has collected at least $163 million, according to the state Gaming Commission. The Super Bowl, March Madness and NBA games have helped draw in gamblers since legal operators opened Jan. 8.

→ Continue reading at Crain's New York Business

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