FanDuel Passes $9B, Resorts World Has Its Best Week

FanDuel Passes $9B, Resorts World Has Its Best Week
Fact Checked by Pat McLoone

Weekly mobile New York sports betting figures for the week ending April 23 showed why New York is tops in the nation.

The numbers also had the stateā€™s No. 1 operator, FanDuel NY, cross over another major milestone.

Total mobile handle posted at more than $373 million, a huge $51.76 million increase from the week before ($321.37M).

The weekly report, as always, came from the New York State Gaming Commission (NYSGC).

Total Gross Gaming Revenue (GGR) generated more than $45 million, which was $1.78 million more than last week ($43.25 million). It also was the highest recorded since more than $57.45 million for the week ending Jan. 22.

Weekly tax posted at more than $22.96 million. 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 $22.4 billion, generated more than $1.88 billion in total GGR and collected more than $959 million in taxes.

New York Mobile Sports Betting, April 17-23

 
Mobile handle GGR
FanDuel $150,385,975 $20,737,048
DraftKings $129,272,340 $15,871,384
Caesars $47,138,315 $4,923,897
BetMGM $24,852,117 $1,936,695
BetRivers $10,200,636 $865,192
PointsBet $4,530,299 $324,318
Resorts World $3,478,769 $125,172
WynnBet $2,540,497 $283,953
Bally Bet $739,544 Minus-$29,336
Totals $373,138,492 $45,038,322

 

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Significant Milestones Among Providers

Going inside the New York betting apps numbers, several significant milestones were posted.

  • Eight of the nine had increases in weekly handle, highlighted by FanDuel Sportsbook New York. FanDuel posted more than $150.38 million, a solid $14 million increase from the previous week.
  • More importantly, FanDuel went over the $9 billion mark in cumulative handle. Since launch, FanDuel has posted more than $9.057 billion in handle, $918.49 million in total GGR and $468 million in taxes paid to Albany.
  • Resorts World New York blew away its best-ever weekly figure. RW generated more than $3.47 million in total handle, a $1.69 million increase from the state's last report and its largest since first appearing in weekly figures March 6, 2022.
  • DraftKings Sportsbook New York posted $129.27 million in total handle, a big $27.28 million jump from a week ago. DK passed the $500M mark in cumulative GGR. Since launch, DraftKings has generated more than $6.58 billion in handle, $512.65 million in GGR and $261.45 million in taxes.
  • Caesars Sportsbook NY recorded over $47.1 million in total handle, a nice $6 million jump from the previous week.

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

 
Mobile handle GGRTaxes
FanDuel $9,057,569,887 $918,492,407$468,431,128
DraftKings$6,581,990,877$512,659,033$261,456,107
Caesars $3,595,028,670 $262,308,884 $133,777,531
BetMGM $1,795,624,117 $110,115,400 $56,158,854
BetRivers $586,134,218 $30,886,010 $15,751,865
PointsBet $564,238,684 $33,641,179 $17,157,001
WynnBet $131,340,933 $7,867,852 $4,012,605
Resorts World $80,175,027 $3,971,974 $2,025,707
Bally Bet $12,636,651 $642,354 $327,601
Totals$22,404,739,062 $1,880,585,096 $959,098,399
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Author

Lou Monaco

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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