Mobile NY Sports Betting Heads into November on the Upswing

Mobile NY Sports Betting Heads into November on the Upswing
By Lou Monaco
Fact Checked by Pat McLoone

The Empire State rebounded nicely in both total mobile NY sports betting handle and Gross Gaming Revenue (GGR) as official weekly figures for the week ending Nov. 6 were released by the New York State Gaming Commission (NYSGC) on Thursday.

Total mobile handle exceeded $300 million for the seventh consecutive week, posting at more than $353.29 million, a nice increase of nearly $8 million from the last weekly report.

Handle has been over $300 million for eight of the last nine weeks and for the 24th time since legalized sports wagering launched earlier this year.

Total GGR for the state posted at more than $39.1 million, a solid increase of more than $5.17 million from the week before. The number also marked the highest GGR since $42.97 million was posted for the week ending Oct. 9.

Official monthly figures for October also were released Thursday. The total handle for the month was impressive, more than $1.543 billion. The handle for September was back above $1 billion after slower summer months.

Mobile wagering certainly has provided advantageous weekly revenue for the state over the past 10 months, this week posting more than $19.9 million in taxes to Albany.

NY betting apps are taxed at 51%, tied for the highest in the land with New Hampshire.

New York Mobile Sports Betting, Oct. 31-Nov. 6

 
Mobile handle GGR
FanDuel $142,484,157 $19,938,736
DraftKings $118,052,648 $10,914,480
Caesars $44,143,743 $4,174,846
BetMGM $25,560,655 $2,268,966
BetRivers $9,958,360 $1,006,308
PointsBet $9,689,179 $787,420
WynnBet $2,031,407 $142,272
Resorts World $1,143,299 Minus-$161,414
Bally Bet $233,379 $29,236
Totals $353,296,828 $39,100,851

 

FanDuel Continues to Hold Top Spot

Six of the nine sportsbooks showed increases in either total handle or total GGR with four achieving upticks in both: FanDuel New York, DraftKings New York, PointsBet New York and Rush Street Interactive’s NY BetRivers.

Posting at more than $9 million in handle for the third straight week ($9,958,360), BetRivers - for the first time in 44 weeks of official reports - went over the $1 million mark in total GGR ($1,006,308). 

The top five weekly providers in handle/GGR were:

  1. FanDuel ($142.48 million in handle, $19.93 in GGR)
  2. DraftKings  ($118.05M, $10.91M in GGR)
  3. Caesars ($44.14M, $4.17M)
  4.  BetMGM New York ($25.56M, $2.27M)
  5. BetRivers ($9.96M, $1.0M).

Since Jan. 8, all nine mobile providers have accounted for $13.328 billion in handle, $1.1 billion in GGR and more than $561.41 million in taxes to the state.

Weekly and monthly state revenue results, plus NY sportsbook promos, can be found right here at EmpireStakes.com.

Cumulative Totals, Jan. 8-Nov. 6

 
Mobile handle GGRTaxes
FanDuel $5,341,060,287 $521,314,209$265,870,247
DraftKings$3,610,739,130$276,099,859$140,810,928
Caesars $2,422,483,999 $187,414,964 $95,581,632
BetMGM $1,137,863,465 $65,288,742 $33,297,258
PointsBet $351,199,647 $23,386,129 $11,926,926
BetRivers $338,878,827 $18,905,065 $9,641,583
WynnBet $73,764,340 $5,807,208 $2,961,676
Resorts World $47,545,221 $2,331,426 $1,189,027
Bally Bet $4,603,874 $275,415 $140,462
Totals$13,328,138,789 $1,100,823,018 $561,419,739
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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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