The first full week of 2023 generated another $400 million in total mobile handle in NY sports betting.
However, that was close to a $10 million decrease from the last week in 2022, as official weekly figures were released Friday afternoon by the New York State Gaming Commission (NYSGC) for the week ending Jan. 8.
Nine NY betting apps combined to handle more than $401.2 million, a $9.6 million decrease from the week ending Jan. 1 ($410.82 million).
Total Gross Gaming Revenue (GGR) among the nine posted at more than $29.92 million, which was an increase of about $6 million from the last report ($23.93 million).
The Empire State took in more than $15.25 million in taxes, a $3 million increase from the week before. New York, along with New Hampshire, has the highest tax rate in the nation at 51%.
In 52 weeks- one full year since its historic launch on Jan. 8, 2022 - mobile sports wagering has generated more than $16.683 billion in handle, $1.386 billion in GGR and $707.09 million in state taxes.
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DraftKings Hits It Big This Week
Boston-based DraftKings Sportsbook NY posted its highest total mobile handle ever in the state at more than $142.48 million, a huge $15.97 million increase from $126.51 million recorded the previous week.
The number, which was the company’s third consecutive weekly increase, topped its previous high of $131.05 million for the week ending Jan. 23, 2022. DK also posted more than $10.32 million in total GGR, a $3.22 million increase from $7.09 million the week before.
BetMGM ($27.57 million) and WynnBet ($2.34 million) were the only other providers to show a weekly increase.
PointsBet NY, which recorded its largest-ever mobile handle ($29.85 million) in the state’s last report, dropped $22.15 million to $7.69 million for the week ending Jan. 8 and fell to sixth on the weekly leaderboard.
The top five providers for the week (total mobile handle): FanDuel NY ($158.42 million), DraftKings NY ($142.49 million), Caesars Sportsbook NY ($51.69 million), BetMGM NY ($27.57 million) and Rush Street Interactive’s BetRivers ($9.71 million).