Dramatic Jump in NY Sports Betting Weekly Handle Tied to 1st NFL Week

Dramatic Jump in NY Sports Betting Weekly Handle Tied to 1st NFL Week
By Lou Monaco
Fact Checked by Pat McLoone

After the first full week of the NFL regular season, it is safe to say that football is back and New York sportsbooks, along with sports bettors, are reaping the benefits.

Official weekly numbers for the week ending Sept. 11 were released Thursday by the New York State Gaming Commission (NYSGC) and the state’s total mobile wagering handle was more than $329.98 million dollars, a huge jump of $86.95 million from the week before ($243.03M).

The handle figure was the highest in the state since $331.73 million for the week ending May 8. 

Since the launch of mobile sports wagering in the Empire State, last week’s numbers pushed the total mobile handle over $10.7 billion dollars.

New York was the overall market share leader for sports betting during the NFL's opening weekend with 15.3% of the betting action, according to GeoComply, a geolocation company. Pennsylvania (14.8%) and New Jersey (13.1%) were next. New York's had 15.7 million geolocation hits.

Revenue Continues on Upswing

The state’s mobile sports wagering Gross Gaming Revenue (GGR) had its third consecutive increase to more than $32.56 million, a $5.06M increase from $27.5M the week before. With New York NFL betting fueling the way, it also was the largest GGR since $37M, also for the week ending May 8.

The total GGR since launch is more than $826.48 million dollars.

A bump of more than $2 million from the week before was collected ($16.60) in taxes by Albany. New York taxes sports betting at 51%, joining New Hampshire for the highest rate in the United States. Since January, the state has collected more than $421.5 million.

EmpireStakes.com closely monitors the state’s handle and revenue reports and is a also a good source for the best NY betting promos.

New York Mobile Sports Betting, Sept. 5-11

 
Mobile handle GGR
FanDuel $128,713,122 $17,152,225
DraftKings $116,992,928 $8,088,272
Caesars $43,078,903 $4,315,490
BetMGM $23,809,780 $1,550,719
BetRivers $8,610,345 $642,761
PointsBet $4,878,766 $627,627
WynnBet $2,254,457 $198,976
Resorts World $1,410,191 Minus-$40,359
Bally Bet $232,564 $31,216
Totals $329,981,056 $32,566,927

 

FanDuel, DraftKings Remain Dominant

FanDuel New York posted $128.71 million in weekly handle to lead the way in the state, with its GGR at more than $17.15 million. To date, FanDuel has handled more than $4.3 billion, $387.08 million in total GGR and has paid the state more than $197.41 million.

DraftKings New York was a close second in handle with just short of $117 million, with its weekly GGR totaling more than $8.08 million. To date, DraftKings has handled more than $2.712 billion, $193.54 million in total GGR and has delivered more than $98.7 million in taxes.

Combined, the top two captured almost 75 percent of the market.

Rounding out the top five in state handle: Caesars New York came in third, posting more than $43.07 million; BetMGM New York had more than $23.8 million and NY BetRivers had more than $8.6 million.

Cumulative Totals, Jan. 8-Sept. 11

 
Mobile handle GGRTaxes
FanDuel $4,302,791,038 $387,087,164$197,414,454
DraftKings $2,712,913,884 $193,543,601$98,707,237
Caesars $2,086,762,552 $156,299,283 $79,712,634
BetMGM $949,108,207 $48,984,358 $24,982,023
PointsBet $288,097,658 $19,593,302 $9,992,584
BetRivers $266,262,646 $14,364,091 $7,325,686
WynnBet $57,272,564 $4,695,575 $2,394,743
Resorts World $35,451,240 $1,727,935 $881,247
Bally Bet $2,131,206 $189,926 $96,862
Totals $10,700,790,993 $826,485,245 $421,507,475
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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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