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 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 $30.509 billion in handle, $2.665 billion in GGR and $1.359 billion in taxes.
New York Mobile Sports Betting, Week Ending Oct. 22
Weekly tax: $20,512,512
FanDuel Leads, BetRivers Surges
The state’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 Interactive’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.