New York Sports Betting Weekly Handle Figures Continue Trend Upward

New York Sports Betting Weekly Handle Figures Continue Trend Upward
Fact Checked by Michael Peters

The Empire State generated its third highest weekly handle ever as New York sports betting figures were released for the week ending Oct. 22 late Thursday by the New York State Gaming Commission (NYSGC).

Mobile handle posted more than $464.02 million, a significant increase of $61.51 million from the previous week ($402.71 million). Bettors have pushed the state over the $400 million mark in three of the last four weeks in October and six of the last seven weeks overall since the week ending Sept. 10.

Total Gross Gaming Revenue (GGR) for the week was $40.22 million, a $21.82 million decline from last week ($62.04 million). Taxes collected by the state were $20.51 million, an $11.13 million decrease from a week ago ($32.51 million). The stateā€™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 $30.509 billion in handle, $2.665 billion in GGR and $1.359 billion in taxes.

Must be 21+ to participate & present in NY. Gambling problem? Call (877-8-HOPENY) or text HOPENY (467369). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

New York Mobile Sports Betting, Week Ending Oct. 22

Mobile handle GGR
FanDuel $198,714,913 $20,512,376
DraftKings $146,098,018 $15,176,014
BetRivers $42,178,179 Minus-$1,640,477
Caesars $41,920,548 $3,944,972
BetMGM $23,984,740 $1,699,687
PointsBet $6,370,730 $469,909
WynnBet $3,042,626 Minus-$115,097
Resorts World $1,710,790 $173,228
Bally Bet $0 $0
Totals $464,020,544 $40,220,612

Weekly tax: $20,512,512

FanDuel Leads, BetRivers Surges

The stateā€™s top provider, FanDuel NY, posted $198.71 million in handle, a huge $38.77 million jump from the state's last report ($159.94 million) and its largest ever, breaking the $195.51 million mark for the week ending Sept. 10. It marked the eighth consecutive week above $122 million.

Seven of the eight live operators in the Empire State saw weekly increases in handle, while all eight saw decreases in GGR. BallyBet is transitioning to a new platform and has not been on the weekly report for the last 17 weeks.

Other weekly highlights include:

WynnBet NY posted $3.04 million in handle, its largest since $3.05 million was generated for the week ending March 19. PointsBet ($6,370,730) has gone over the $6 million mark in four of the last five weeks. Resorts World Bet ($1,710,790) has gone over $1 million each week for the past eight weeks.

Rush Street Interactiveā€™s BetRivers NY continued its momentum, posting its largest handle ever with $42.17 million, a $19.47 million increase from the previous week. BetRivers has gone over the $10 million mark in handle in six straight and seven of the last eight weeks.

Week 8 of the NFL season kicked off Thursday night with Buffalo (5-3) posting a 24-18 home win over Tampa Bay (3-4). New York bragging rights are on the line Sunday as the Jets (3-3) face the Giants (2-5) at 1 p.m. (CBS). BetMGM New York lists the Jets as a 3-point favorite with an over-under of 36.5 total points.

Must be 21+ to participate & present in NY. Gambling problem? Call (877-8-HOPENY) or text HOPENY (467369). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Cumulative Totals, Jan. 8, 2022-Oct. 22, 2023

Mobile handle GGRTaxes
FanDuel$12,232,544,579$1,283,370,283$654,518,844
DraftKings$9,648,062,533$792,250,177$404,047,590
Caesars $4,465,396,469 $329,780,493 $168,188,051
BetMGM $2,302,338,900 $154,960,196 $79,029,700
BetRivers $872,567,497 $46,351,751 $23,639,393
PointsBet $678,367,913 $41,397,990 $21,112,975
WynnBet $183,647,963 $10,500,106 $5,355,054
Resorts World $110,255,509 $6,445,303 $3,287,105
Bally Bet $16,370,924 $917,669 $468,011
Totals$30,509,552,286$2,665,973,972$1,359,646,726

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Author

Lou Monaco

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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