For the second consecutive week, NY sportsbooks posted an increase in total mobile sports wagering handle and had a modest rise in total mobile Gross Gaming Revenue (GGR).
The New York State Gaming Commission (NYSGC) announced Thursday the state’s total mobile wagering handle for the week ending Aug. 14 recorded just as tad short of $197 million, a $3 million increase from $193.99M a week before.
The number was also the highest since $212.79 million posted for the week ending July 3.
Total GGR produced an increase of $182,688, posting at $21.08 million from the previous $20.9 million for the week ending Aug. 7. Tax collected for the state was more than $10.75 million.
The opening of NY NFL betting, even for the preseason, has to be a welcome sight for operators.
DraftKings NY and PointsBet New York recorded their largest total handles in two and three months, respectively.
DraftKings NY posted $57.19 million in total handle, up from $54.77M the previous week and its largest since $65.63 million for the week ending June 19. Its total GGR was $4.94M. To date, the company has had a handle of more than $2.41 billion, $166M in GGR and has paid more than $84.69M in taxes since launch on Jan. 8.
PointsBet New York recorded $6.15M in total handle, its largest since $8.44 million for the week ending May 15. Its total GGR registered at $551,450.
To date, PointsBet New York has handled more than $265.62M, $17.76 in total GGR and has paid $9,056,282 in taxes to Albany.
Other providers of NY betting apps that had total handle increases for the week include: BetMGM New York, NY BetRivers, BallyBet New York and WynnBet New York.
Five of the nine providers had increases in their GGR: FanDuel NY, BallyBet New York, BetMGM New York, Caesars New York and Resorts World New York.
However, the following had decreases in handle: FanDuel, Caesars New York and Resorts World Sportsbook New York.
With nine mobile providers in full operation, the state has handled more than $9.73 billion since Jan. 8. The GGR has totaled more than $722.46 million and taxes to the state have exceeded $368.45 million.
EmpireStakes.com should be your source for the state’s revenue reports as well as your site for NY sportsbook promos.
FanDuel King of the Hill Once Again
FanDuel NY had its three-week increase streak in handle halted, but only slightly, having generated more than $82.62M, a tad lower than the $84.14M the previous week.
However, its total GGR was more than $10.49M, a slight increase from $9.85M a week earlier.
FanDuel is closing in on $4 billion in total handle, with more than $3.898B. It also has $335.96M in GGR and more than $171.33M in state taxes.