New York Sports Betting Weekly Handle Increases To Start August

New York Sports Betting Weekly Handle Increases To Start August
Fact Checked by Jim Tomlin

The first week of the new month proved to be a positive for online New York sportsbooks.

For the second consecutive week, the New York State Gaming Commission (NYSGC) announced Thursday the state’s total mobile wagering handle posted at more than $193.99 million for the week ending August 7, for a solid $16.21 million increase from the $177.77 million the previous week to end the month of July.

The state’s total mobile Gross Gaming Revenue (GGR) generated a mild decrease of $1.14 million, posting at $20.9 million from the previous $22.04 million for the week ending July 30.

Total tax collected for the state was more than $10.65 million.

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New York Mobile Sports Betting, Aug. 1-7

Mobile handle GGR
FanDuel $84,143,469 $9,853,197
DraftKings $54,770,124 $5,385,182
Caesars $27,835,618 $2,593,045
BetMGM $15,683,859 $1,732,043
BetRivers $4,734,020 $398,300
PointsBet $4,100,643 $766,203
WynnBet $1,475,362 $134,629
Resorts World $1,037,579 $30,019
Bally Bet $213,787 $8,121
Totals $193,994,461 $20,900,738

Five Operators Increase Weekly Handle

Five providers of NY sports betting apps enjoyed increases in their individual handles, including three of the top four: FanDuel, DraftKings, Caesars Sportsbook New York, as well as Rush Street Interactive (BetRivers) and BallyBet.

Six of the nine providers saw increases in their GGR; however, FanDuel, Resorts World Sportsbook New York and BallyBet Sportsbook New York saw decreases.

Since launch of four mobile providers on Jan. 8, the state has handled to date more than $9.53 billion. The GGR for the year is more than $701.38 million and the total taxes collected to Albany is more than $357.7 million.

Remember that EmpireStakes.com is a dependable source for the state’s revenue reports as well as your site for the best NY betting promos.

Top 4 New York Online Sportsbooks Remain Unchanged

FanDuel New York posted its third straight increase in total handle, posting at more than $84.14 million, a $4.26 million uptick from the previous week and a rise of $16.7 million the last two weeks of reports.

Its GGR recorded at more than $9.85 million, a $3.16 million decrease from the week ending July 31.

FanDuel has generated in excess of $3.81 billion in handle, $325.46M in GGR and more than $165.98M in taxes to the state in 2022.

DraftKings in NY retained second position in the weekly rankings with more than $54.77M in total handle, a huge $10.52M increase from the week prior. Its total GGR was $5.38M, a mild increase from $4.88M the previous week.

To date, DraftKings has handled more than $2.35 billion, $161.12M in GGR and has paid more than $82.17M in taxes.

Caesars Sportsbook New York had a 2.88M increase, its third straight uptick in a row,and posted at more than $27.83M in total handle. Its total GGR, another increase, came in at $2.59M from $1.64M a week ago.

As they close in on the $2 billion mark, Caesars has generated $1.93B in total handle, $140.48M in GGR and more than $71.64M in taxes to Albany.

BetMGM Sportsbook New York was the only one of the top four to see a decrease in total handle, posting at $15.68M, down from $17.2M previously.in total handle and $1.73M in GGR.

Closing in on the $1B total handle mark since launch, BetMGM has registered more than $856.1M in handle, $39.65M in total GGR and inched over the $20M tax mark at $20.22 million.

Cumulative Totals, Jan. 8-Aug. 7

Mobile handle GGRTaxes
FanDuel $3,815,470,844 $325,465,021$165,987,161
DraftKings $2,359,178,965 $161,125,760$82,174,138
Caesars $1,935,007,921 $140,481,575 $71,645,603
BetMGM $856,107,790 $39,652,778 $20,222,917
PointsBet $259,469,998 $17,205,966 $8,775,043
BetRivers $231,740,077 $11,834,445 $6,035,567
WynnBet $48,384,591 $4,157,631 $2,120,392
Resorts World $29,974,293 $1,415,039 $721,670
Bally Bet $854,184 $48,201 $24,583
Totals $9,536,188,661 $701,386,416 $357,707,072
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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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