The Empire State recorded its largest Gross Gaming Revenue (GGR) number to date and eclipsed the $30 billion mark in all-time handle as official New York sports betting figures were released for the week ending Oct. 15 on Friday by the New York State Gaming Commission (NYSGC).
Total Gross Gaming Revenue (GGR) for the week generated a record of more than $62 million, a significant $31.12 million increase from the week before ($30.9 million), and its largest ever, surpassing the $57.45 million recorded for the week ending Jan. 22, 2023.
Mobile handle generated more than $402.71 million, a solid increase of $9.18 million from a week ago. Bettors have pushed the state over the $400 million mark in five of the last six weeks.
Taxes collected by the state were $31.64 million, a solid $15.88 million increase from the last report ($15.76 million). The state’s sports betting tax rate of 51% is tied with New Hampshire for the highest in the nation.
Since the launch of NY sports betting apps, the Empire State has generated more than $30.045 billion in handle, $2.625 billion in GGR and $1.339 billion in taxes.
FanDuel Eclipses $12 Billion in Handle All-Time
FanDuel NY, the state’s No. 1 overall provider, was on top of the weekly handle rankings, posting more than $159.94 million, a mild decrease from the previous week ($160.62 million). It marked the seventh consecutive week above $122 million and launched FanDuel over the $12 billion milestone in all-time state handle ($12,033,829,666, to be exact). FanDuel’s GGR was more than $29.55 million, its largest since $32.33 million was recorded for the week ending Sept. 10.
DraftKings finished second with a handle of more than $145 million, a more than $4.8 million jump from last week ($140.05 million) and is close to going over the $10 billion mark in handle, currently standing at $9,501,964,514. The DraftKings GGR surpassed $23 million, its largest since $25.24 million was generated for the week ending Aug. 6.
The biggest winner of the week? Rush Street Interactive’s BetRivers NY, which posted its largest handle since launch at more than $22.7 million, breaking its old mark of $18.22 million set just two week earlier for the week ending Oct. 1. BetRivers has gone over the $10 million mark in handle in five straight and six of the last seven weeks.
The remaining handles: Caesars ($42.74 million), BetMGM NY ($22.31M), PointsBet ($5.5M), WynnBet NY ($2.4M) and Resorts World ($1.43M, seventh consecutive week over $1M). BallyBet is transitioning to a new platform and has not been on the weekly report for the last 16 weeks.
Week 7 of the NFL season kicked off Thursday night with the Jacksonville Jaguars (5-2) going on the road to hold off the New Orleans Saints, 31-24. The New York Giants (1-5) host the Washington Commanders (3-3) at 1 p.m. Sunday in a must-win game and the surprising New York Jets (3-3) have a bye week before playing the Giants at 1 p.m. Oct. 29. The Buffalo Bills (4-2) visit the slumping New England Patriots (1-5) at 1 p.m. Sunday.