New York Ends Year with Third-Highest Monthly Handle

New York Ends Year with Third-Highest Monthly Handle
By Lou Monaco
Fact Checked by Pat McLoone

Business was brisk for New York sportsbooks as they completed 2022.

Total mobile sports betting handle for the month posted at more than $1.623 billion, a 4.5% increase from November (more than $1.553 billion).

Those figures were reported Monday by the New York State Gaming Commission (NYSGC).

The handle was the third highest in the state since New York sports apps launched on Jan. 8, 2022, barely behind January ($1.669 billion) and March ($1.638 billion).

Top Months for New York Handle

Here is a look at the handle and Gross Gaming Revenue (GGR), from highest handle month to lowest, now that 12 months have been reported for New York. Figures provided by NYSGC:

MonthHandleGGR
January$1,669,719,034$124,138,955
March$1,638,266,833$114,282,056
December$1,623,786,503$141,769,787
November$1,553,860,982$148,221,832
October$1,543,789,024$145,654,719
February$1,527,568,253$82,392,104
April$1,390,777,875$104,141,625
May$1,263,484,474$109,788,845
September$1,256,704,042$124,138,955
June$1,051,624,720$72,420,864
August$877,228,171$99,602,193
July$800,753,012$73,321,229

The handle number was also the 10th time in 12 months it has surpassed the $1 billion mark.

On a sour note, the state’s monthly mobile GGR of more than $141.76 million was a 4.4% decrease from November ($148.22 million).

Net revenue to the platform provider was more than $69.46 million, ending a five-month streak of increases. Net revenue to education posted at more than $72.3 million, marking the fourth consecutive month above $70 million.

Including about $8.7 million in retail sports betting handle combined from the state's four commercial casinos, the exact handle in the state for December was $1,632,469,010, up 4.4% from November ($1,564,144,673). Retail sportsbooks accounted for about $1.2 million in revenue last month for a combined total of $143 million.

With Jan. 1-8 weekly figures to be released later, the Empire State has generated more than $11.357 billion in overall mobile handle and $1.038 billion in overall mobile GGR.

Inside the December Numbers

With the exception of WynnBet NY, eight of the nine betting apps all showed increases in their total monthly mobile handle, with two of the nine (FanDuel Sportsbook NY, PointsBet NY) showing decreases in total GGR.

December’s top five mobile handles by operator: FanDuel ($663.24 million), DraftKings NY ($523.89 million), Caesars Sportsbook NY ($214.06 million), BetMGM NY ($115.97 million) and PointsBet NY ($48.05 million).

The state’s top five mobile operators for GGR were: FanDuel ($67.95 million), DraftKings ($44.73 million), Caesars ($15.61 million), BetMGM ($9.44 million) and BetRivers ($2.60 million). 
 
Highlights include: 
 
FanDuel Sportsbook NY’s official mobile handle number marked a $17.05 million jump from November. The $663.25 million marked the third consecutive month over $600 million and it was the second-highest mobile handle number since $673.05 million was registered in March 2022.

  • DraftKings Sportsbook NY has posted tremendous gains over the past few months and December was no different. The Boston-based provider posted its second-highest mobile handle ($523.89 million) in the state since $534.56million was registered in October 2022.
  • Caesars Sportsbook NY posted $214.06 million, the second consecutive month it has gone above $200 million. It is Caesars’ fifth-highest month its highest since $215.74 million in April.
  • PointsBet Sportsbook NY has also shown great strides, going above $40 million in  handle for the second consecutive month ($48.04 million) and the third time it has gone above that mark since more than $53.19 million in April.

With one year of NY sports betting now complete, EmpireStakes.com will continue to have all the news and information, along with the top New York sports betting promo codes.



New York Mobile Sports Betting, December vs. November

Total mobile handleRevenue
December $1.624B $141.770M
November $1.554B $148.222M
Change Up 4.5% Down 4.4%
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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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