The third highest mobile New York betting apps handle number ever and the highest thus far this year for the Empire State were announced Thursday, as official figures were released for the week ending Oct. 1 by the New York State Gaming Commission (NYSGC).
Mobile handle was $468.8 million, a huge $40.46 million jump from the previous week and was the third highest, outdone by the $472.13 million for the week ending Feb. 13, 2022 (Super Bowl) and $572M from the week ending Jan 23, 2022 (NFL Divisional Round Playoffs). It is also the fourth consecutive week above $400 million.
Total Gross Gaming Revenue (GGR) for the week took a downward turn to $26.84 million, a $9.07 million drop. State taxes collected were $13.69 million, a $4.67 million drop from the week prior ($18.31 million). The New York sports betting 51% tax rate is tied with New Hampshire for the highest in the nation. Since launch, the Empire State has compiled more than $29.249 billion in handle, $2.532 billion in GGR and $1.291 billion in taxes. EmpireStakes.com reports weekly on handle and revenue.
New York Mobile Sports Betting, Week Ending Oct. 1
Weekly tax: $13,691,368
DraftKings, BetRivers Post Highest Weekly Handles
Two companies saw their highest weekly handle numbers since the state launched on Jan. 8, 2022. DraftKings New York remained tops for the week with over $196.1 million, its largest ever, and a $20 million increase from the week prior ($176 million). BetRivers generated $18.2 million in handle, its largest ever, and a $6.68 million increase from the week prior.
FanDuel NY, the stateās No. 1 overall provider, posted $176.81 million in weekly handle, a solid $16.6 million increase from the week before and its fifth straight week over $120 million.
The remaining handles: Caesars ($42.64 million), BetMGM ($24.25M), PointsBet ($6M), WynnBet ($2.86M) and Resorts World ($1.9M, fifth straight week over $1M). BallyBet is transitioning to a new platform and has not been on the weekly report for 14 straight weeks.
Tonight begins Week 5 of the NFL season as Chicago (0-4) visits Washington (2-2) in a key NFC battle (Amazon Prime Video, 8:15). The Buffalo Bills Super Bowl odds are the best of the New York teams at +700, tied for the third in the league with Philadelphia.
Cumulative Totals, Jan. 8, 2022-Oct. 1, 2023
