Caesars Becomes 3rd NY Operator to Pass $4B in Handle

Caesars Becomes 3rd NY Operator to Pass $4B in Handle
Fact Checked by Pat McLoone

With a full week of baseball back in play, New York sports betting bounced back yet again as official mobile wagering figures for the week ending July 23 were released by the New York State Gaming Commission (NYSGC) Thursday afternoon.

The Empire State posted more than $217.84 million in total mobile handle, a significant $55.88 million increase from the week before ($161.95 million). Total Gross Gaming Revenue (GGR) came in at $25.34 million, up a solid $7.94 million from the last report ($17.38 million).

Tax collected by Albany: $12.92 million.

Since the launch of New York betting apps, the state has generated just shy of $26 billion in mobile handle, more than $2.244 billion in mobile GGR and $1.144 billion in taxes.

New York Mobile Sports Betting, July 17-July 23

 
Mobile handle GGR
FanDuel $92,606,695 $11,652,208
DraftKings $71,877,706 $7,413,455
Caesars $25,374,678 $3,018,262
BetMGM $13,539,560 $1,855,155
BetRivers $8,474,421 $774,869
PointsBet $3,440,781 $332,643
WynnBet $1,429,420 $126,657
Resorts World $1,100,329 $164,105
Bally Bet $0 $0
Totals $217,843,590 $25,337,353

 

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Caesars Joins FanDuel and DraftKings at $4 Billion Handle

Caesars Sportsbook NY achieved another milestone, going over the $4 billion mark in cumulative handle since launch ($4,005,648,348). It is one of only three providers to do so, joining FanDuel ($10.466 billion) and DraftKings ($7.913 billion).

Eight of the nine providers (BallyBet is still transitioning to a new platform)  had  increases in their handle and GGR.

On the weekly numbers, FanDuel led the week with more than $92.6 million in handle, a solid $28.6 million jump from a week ago. This was a mild relief for the state's leading provider after its lowest handle was recorded the previous week ($64 million) since $63.23 million was recorded during the stateā€™s opening weekend (two days, four providers) in Jan. 2022.

DraftKings also increased to $71.87 million, up a solid $14.9 million from last week ($56.98 million).

Here are the top five weekly handles:

  1. FanDuel NY: $92.6M
  2. DraftKings: $71.87M
  3. Caesars: $25.37M
  4. BetMGM: $13.54M
  5. BetRivers: $8.47M

Cumulative Totals, Jan. 8, 2022-July 23, 2023

 
Mobile handle GGRTaxes
FanDuel$10,466,257,243$1,093,576,791$557,724,163
DraftKings$7,912,730,759$630,995,479$321,807,694
Caesars $4,005,648,348 $295,868,694 $150,893,034
BetMGM $2,037,499,836 $132,709,069 $67,681,625
BetRivers $690,529,532 $39,128,067 $19,955,314
PointsBet $613,576,726 $37,169,203 $18,956,294
WynnBet $153,593,129 $9,302,206 $4,744,125
Resorts World $92,931,219 $4,943,751 $2,521,313
Bally Bet $16,370,924 $917,669 $468,011
Totals$25,989,137,714$2,244,610,920$1,144,751,569
Must be 21+ to participate. T&Cs apply.
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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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