New York Sports Betting Posts One of Its Highest Weekly Handles

New York Sports Betting Posts One of Its Highest Weekly Handles
By Lou Monaco
Fact Checked by Pat McLoone

With the Thanksgiving holiday complete, online New York sportsbooks posted more than $400 million in total mobile sports wagering handle for the week ending Nov. 27. Official figures were released by the New York State Gaming Commission (NYSGC) late Thursday morning.

The number was the sixth time overall (first since the week ending March 20) $400 million has been eclipsed and marked the fourth-highest week since mobile sports wagering was launched Jan. 8.

The $429 million was the most since more than $472 million was handled for the week following the Super Bowl. The handle also represented a more than $85.73 million increase from $343.52 million for the week ending Nov. 20.

The state’s total Gross Gaming Revenue (GGR) was more than $34.64 million, a decrease of about $6.63 million from the more than $41.27 million recorded for the previous week.

The weekly tax intake for the state was $17,666,782, a more than $1.71 million increase from $15.94 million reported for the week ending Nov. 20. The Empire State has a 51% tax rate, tied with New Hampshire, for the highest in the nation.

EmpireStakes.com routinely monitors state revenue reports and is a great source for NY sportsbook promos.

New York Mobile Sports Betting, Nov. 21-27

 
Mobile handle GGR
FanDuel $181,216,921 $17,220,944
DraftKings $135,120,849 $11,228,830
Caesars $56,145,471 $2,803,348
BetMGM $29,870,835 $2,560,198
PointsBet $11,292,600 $256,334
BetRivers $10,732,805 $477,680
WynnBet $3,422,825 Minus-$28,375
Resorts World $1,337,736 $118,894
Bally Bet $121,257 $2,895
Totals $429,261,300 $34,640,749

FanDuel Sportsbook Posts Highest Mobile Handle Ever in State

FanDuel Sportsbook NY, the No. 1 mobile provider in the state, registered its new high for weekly handle, posting more than $181.21 million. That surpasses their previous mark of $175.43 million for the week ending with the Super Bowl (Feb. 13).

With eight of the nine mobile providers seeing weekly increases (BallyBet lone provider to see decreases in both handle, GGR), FanDuel Sportsbook stood out.

To date, FanDuel has more than $5.8 billion in total mobile handle in the state.

DraftKings Sportsbook NY also recorded its highest handle to date (more than $135.12 million), surpassing $131.05 million for the week ending Jan. 23.

BetMGM Sportsbook NY posted more than $29.87 million, its highest since $30.01 million for the week ending May 15.

Caesars Sportsbook NY registered more than $56.14 million, its highest mark since over $56.91 million for March 27.

PointsBet Sportsbook NY recorded more than 11.29 million, its largest since $12.97 million was reported for May 8.

Rush Street Interactive’s NY BetRivers posted more than $10.73 million, its highest mark since reporting more than $10.95 million for March 20.

Clearly, NFL betting in New York has been good business.

Cumulative Totals, Jan. 8-Nov. 27

 
Mobile handle GGRTaxes
FanDuel $5,806,625,198 $577,842,183$294,699,513
DraftKings$3,965,505,997$307,144,317$156,643,602
Caesars $2,566,755,838 $198,185,871 $101,074,794
BetMGM $1,216,835,056 $71,034,815 $36,227,756
PointsBet $380,445,388 $24,836,109 $12,666,416
BetRivers $365,542,448 $20,339,066 $10,372,924
WynnBet $82,588,856 $5,714,247 $2,914,266
Resorts World $51,510,417 $2,620,603 $1,336,508
Bally Bet $5,031,137 $287,870 $146,814
Totals$14,440,840,332 $1,208,005,082 $616,082,592
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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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