The New York sports betting market posted another strong performance in August, with total wagering volume surpassing $2 billion for the month. According to figures released by the New York State Gaming Commission, bettors placed $2.04 billion in wagers, marking a 42 percent increase from the same month last year and a 46 percent jump over July. It was the highest monthly handle since May. Sports betting revenue also rose significantly. Gross gaming revenue reached $178.2 million in August, representing a 42.6 percent year-over-year increase. The statewide hold rate stood at 8.72 percent. FanDuel led all operators in revenue, reporting…