April’s First Week Brings an Increase in Mobile New York Sports Betting

April’s First Week Brings an Increase in Mobile New York Sports Betting
By Lou Monaco
Fact Checked by Pat McLoone

The first full week for April in New York sports betting proved to be a positive, with the thrilling NCAA Men’s College Basketball Championship Game between Kansas and North Carolina on April 4 sparking the start of the week.

Oh yeah, New York also passed $5 billion total wagered on mobile since the Jan. 8 launch, a little more than three months ago.

For the week of April 4-10, New York bettors wagered $335.81 million in total mobile handle, a $23.68 million jump from the previous week ($312.13 million), according to official figures released by the New York State Gaming Commission (NYSGC) on Friday.

Six of the eight live operators had increases in their total weekly handles.

Total Gross Gaming Revenue (GGR) for the state posted at $12,932,608, a decrease of $2.24 million from $15.18 million for the week ending April 3.

All New York online sports wagering operators since the launch of mobile betting have combined for a handle of more than $5.33 billion and a GGR of more than $342.67 million. New York, with its nation-high 51% tax rate, has collected more than $174.7 million in taxes.

New York Mobile Sports Betting, April 4-10

Mobile handle GGR
FanDuel $142,036,677 $7,956,295
DraftKings $83,517,552 $2,444,567
Caesars $49,359,984 $694,637
BetMGM $36,251,500 $1,202,925
PointsBet $12,564,239 Minus-$23,150
BetRivers $9,254,761 $413,504
WynnBet $1,889,788 $180,857
Resorts World $938,209 $62,973
Totals $335,812,711 $12,932,608


A Look at How Top Four Providers Fared

FanDuel Sportsbook New York posted a solid number of $142.03 million, an increase of $6.31 million from last week. FanDuel once again maintained its spot atop the weekly leaderboard. Its weekly GGR rose dramatically to $7.96 million from last week, an increase of more than $4 million.

To date, FanDuel is inching ever so close to the $2 billion mark in total handle ($1.97 billion) and continues to dominate the New York market, with a revenue of $121.79 million and taxes to the state at $62.1 million.

DraftKings Sportsbook New York rebounded from posting its lowest handle of $72.96 million since the first two days of launch ($38.5 million) to $83.52 million, a significant increase of $10.6 million.

This week’s number enabled DraftKings to pass Caesars Sportsbook for No. 2 in total cumulative handle. Its weekly GGR dropped to $2.44 million from $5.38 million a week ago.

To date, DraftKings has had a little more than $1.3 billion in total handle, $86.93 million in GGR and $44.33 million in taxes to the state.

Caesars Sportsbook New York reported $49.36 million, a slight uptick from $48.87 million a week ago. Its weekly GGR registered plummeted to $694,637, a huge decrease from $4.25 million a week ago.

To date, Caesars is the third provider to handle more than $1 billion (with a little less than $1.3 billion). Caesars has generated a total GGR of $103.3 million and $52.7 million in taxes to Albany.

Rounding out the top four is BetMGM Sportsbook New York, posting $36.25 million in handle, one of only two providers to show a decrease in the official report. It reported $36.88 million in handle for the week ending April 3.

BetMGM's total GGR did see a huge increase to a little more than $1.2 million, from last week’s $733,061.

To date, BetMGM has handled $464.39 million in the state with $13.7 million in revenue and a little less than $7 billion in taxes.

The other online operators in New York are BetRivers Sportsbook New York, PointsBet Sportsbook New York, WynnBet Sportsbook New York and Resorts World Sportsbook New York.

WynnBet was the other operator with a drop this week in handle, posting $1.89 million, after notching $2.2 million last week.

Bally Bet New York, the final of the nine licensed mobile providers, is expected to launch some time over the next 15 days.

EmpireStakes can keep you up to date on all the latest news and give you the best New York sports betting promo codes.

Cumulative Totals, Jan. 8-April 10

Mobile handle GGRTaxes
FanDuel $1,967,570,694 $121,788,635 $62,112,204
DraftKings $1,302,953,275 $86,925,376 $44,331,942
Caesars $1,298,543,385 $103,346,987 $52,706,963
BetMGM $464,387,401 $13,707,738 $6,990,946
PointsBet $147,145,286 $8,700,066 $4,437,034
BetRivers $125,522,601 $5,347,434 $2,727,191
WynnBet $17,892,768 $2,242,344 $1,143,595
Resorts World $6,307,136 $607,158 $309,651
Totals $5,330,322,544 $342,665,738 $174,759,526
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Contributors

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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