Big Revenue Jump Highlights Weekly NY Sports Betting Report

A decrease in overall weekly handle did not deter Gross Gaming Revenue (GGR) from growing last week at New York sportsbooks.

GGR rose by more than $31.25 million from the previous week as official mobile sports betting figures for the week ending April 16 were released Friday by the New York State Gaming Commission (NYSGC).

The Empire State’s two-week streak of increased mobile handle halted, coming in at more than $321.36 million, a $21.91 million decrease from a week ago.

Coming back from a more than $15.27 million drop in the previous week, total mobile GGR skyrocketed to nearly $43.25 million, marking a big jump from just less than $12 million for the week ending April 9.

Weekly tax skyrocketed to more than $22 million, a close to $16 million increase. This should make legislators in Albany happy over the weekend heading into next week as they are trying to pass an already long-delayed budget for the new fiscal year.

As a reminder, New York has a tax rate of 51%, which is tied with New Hampshire for the nation's highest.

Since launch on Jan. 8, 2002, the state has handled more than $22 billion, generated more than $1.835 billion in total GGR and has collected more than $936.12 million in taxes.

EmpireStakes.com – your guide to the best betting apps in New York – keeps close tabs on weekly and monthly state revenue reports.

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Another Strong Week for NY BetRivers

Only three of the nine sportsbooks had increases in their total mobile handles and New York BetRivers notched yet another company all-time high.

Now with four consecutive weekly increases, BetRivers handled more than $12.6 million, slightly eclipsing last week's all-time high of $12.55 million.

Only WynnBet NY and Resorts World NY joined BetRivers, with Resorts World NY coming in at more than $1.78 million, its largest since $1.93 million for the week ending Feb. 5.

FanDuel Sportsbook New York, the leading provider in the state, posted more than $136.29 million (from $142.56 million a week ago) but generated more than $22.13 million in total GGR. That was a huge increase from just $6.888M.

Six of the nine had increases in total GGR.

Here are the nine weekly handles:

1. FanDuel ($136.29M)
2. DraftKings NY ($101.99M - 29th consecutive week over $100M)
3. Caesars New York ($40.89M)
4. BetMGM ($21.41M)
5. BetRivers ($12.61 M)
6. PointsBet ($3.90M)
7. WynnBET ($2.11M)
8. Resorts World ($1.78M)
9. Bally Bet ($375,017)