Bally Revenue Lone Increase Among Operators This Week

Bally Revenue Lone Increase Among Operators This Week
By Lou Monaco
Fact Checked by Pat McLoone

Only one of the New York sports betting apps – Bally Bet New York – enjoyed an increase in either total handle or Gross Gaming Revenue (GGR) for the week ending May 14.

The official weekly mobile sports betting figures were released late Friday morning by the New York State Gaming Commission (NYSGC).

Welcome to the start of a slowdown in sports wagering for the next few months.

The total mobile New York sports betting handle was more than $318.35 million, down $23.95 million from a week ago ($342.31M), and the second consecutive week the state has had a decrease.

After last week posting the second-highest weekly total mobile GGR number since launch (Jan. 8, 2022), the state posted about $37 million, a $10.9M drop from the week before ($47.94M). 
 
Weekly tax dropped to approximately $18.9M, a $5.56M decrease from $24.45M the previous week.

The state since launch has handled more than $23.439 billion, generated more than $2 billion in GGR, and paid out more than $1 billion in state taxes to Albany.

New York Mobile Sports Betting, May 8-14

 
Mobile handle GGR
FanDuel $127,689,364 $21,443,765
DraftKings $116,457,142 $10,104,052
Caesars $39,228,259 $3,114,717
BetMGM $19,367,045 $1,642,425
BetRivers $8,187,202 $604,417
PointsBet $4,060,840 Minus-$129,555
WynnBet $1,819,982 $144,324
Resorts World $1,011,185 $76,034
Bally Bet $536,593 $40,401
Totals $318,357,610 $37,040,580

 

 
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Bally Stands Alone

Bally Bet New York had the one uptick in the state's weekly numbers with $40,401 in total GGR, marking a $9,101 increase.

Other than that, the rest of the state's providers all were saddled with drops in handle and GGR.

Even the state’s clear No. 1, FanDuel Sportsbook NY ($127.69M), dropped more than $10 million from last week.

Here are the weekly total handle numbers for all nine providers:

  • FanDuel: $127,689,364
  • DraftKings: $116,457,142
  • Caesars: $39,228,259
  • BetMGM: $19,367,045
  • BetRivers: $8,187,202
  • PointsBet: $4,060,840
  • WynnBet NY: $1,819,982
  • Resorts World: $1,011,185
  • Bally Bet: $536,593

Cumulative Totals, Jan. 8, 2022-May 14, 2023

 
Mobile handle GGRTaxes
FanDuel $9,473,758,642 $980,276,576$499,941,054
DraftKings$6,958,104,597$551,491,149$281,260,486
Caesars $3,715,692,004 $273,173,864 $139,318,671
BetMGM $1,866,023,845 $117,343,625 $59,845,249
BetRivers $613,110,551 $33,365,308 $17,016,307
PointsBet $576,912,640 $34,324,600 $17,505,546
WynnBet $137,918,130 $8,381,390 $4,274,509
Resorts World $83,702,455 $4,302,767 $2,194,411
Bally Bet $14,376,961 $747,371 $381,159
Totals$23,439,599,823$2,003,406,654$1,021,737,394
 
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Author

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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