BetMGM Latest to Surpass 2B in Handle in NY Sports Betting

BetMGM Latest to Surpass 2B in Handle in NY Sports Betting
Fact Checked by Pat McLoone

The Empire State enjoyed a bounce-back week in mobile New York sports betting   handle - led by BetMGM NY surpassing $2 billion in cumulative handle, the fourth operator to do so since the state launched in January 2022.

New York generated more than $238.04 million in total mobile handle for the week ending July 9 as official weekly figures were released by the New York State Gaming Commission (NYSGC) Thursday afternoon.

The amount was a $19.76 million boost from the previous week ($218.26 million) and the seventh consecutive week the handle figure has not gone above $300 million.

More than $22.77 million was generated in total Gross Gaming Revenue (GGR), a mild $3.19 million decrease from a week ago ($25.96 million).

Weekly tax collected by Albany: $11.62 million.

Since the launch of New York betting apps, the state has generated more than $25.609 billion in mobile handle, more than $2.2 billion in mobile GGR and $1.122 billion in taxes.

The cumulative handles for the top four providers in the state:

FanDuel NY: $10,309,657,303

DraftKings: $7,783,864,891

Caesars Sportsbook NY: $3,961,514,740

BetMGM: $2,012,957,477

New York Mobile Sports Betting, May 29-July 9

 
Mobile handle GGR
FanDuel $94,677,864 $10,700,410
DraftKings $81,832,098 $7,822,683
Caesars $28,672,082 $2,108,049
BetMGM $17,933,953 $1,126,184
BetRivers $8,907,716 $604,689
PointsBet $3,298,393 $225,622
WynnBet $1,789,439 $112,369
Resorts World $913,211 $75,049
Bally Bet $0 $0
Totals $238,024,755 $22,775,055

 

Terms apply for all bonuses. Must be 21+ to participate.  
Must be 21+ to participate & present in NY. Gambling problem? Call (877-8-HOPENY) or text HOPENY (467369). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

FanDuel Retains Lead Over DraftKings

Seven of the eight mobile providers (BallyBet is still transitioning to a new platform)  increased in weekly handle. BetRivers NY jumped in handle and GGR. Resorts World New York had an increase in GGR but dropped a tick in handle.

FanDuel posted $94.67 million after $88.09 million was generated the week before.

DraftKings generated $81.83 million, $8 million more than the previous week ($73.83 million).

Here are the top five providers for the week in handle/GGR:

FanDuel NY: $94,677,864/$10,700,410

DraftKings: $81,832,098/$7,822,683

Caesars: $28,672,082/$2,108,049

BetMGM: $17,933,953/$1,126,184

BetRivers: $8,907,716/$604,689

Cumulative Totals, Jan. 8, 2022-July 9, 2023

 
Mobile handle GGRTaxes
FanDuel$10,309,657,303$1,074,292,574$547,889,212
DraftKings$7,783,864,891$617,796,597$315,076,264
Caesars $3,961,514,740 $291,273,044 $148,549,252
BetMGM $2,012,957,477 $129,528,936 $66,059,757
BetRivers $675,444,351 $37,665,207 $19,209,256
PointsBet $607,688,183 $36,568,976 $18,650,178
WynnBet $151,018,601 $9,102,388 $4,642,218
Resorts World $90,818,907 $4,740,804 $2,417,810
Bally Bet $16,370,924 $917,669 $468,011
Totals$25,609,335,374$2,201,886,197$1,122,961,960
Terms apply for all bonuses. Must be 21+ to participate.  
Must be 21+ to participate & present in NY. Gambling problem? Call (877-8-HOPENY) or text HOPENY (467369). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
quote

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.

Cited by leading media organizations, such as: