NY Sports Betting Drop Makes Clear NFL Season Is Over

NY Sports Betting Drop Makes Clear NFL Season Is Over
By Lou Monaco
Fact Checked by Pat McLoone

The dreaded “week after the Super Bowl” official numbers for mobile New York sports betting were released late Thursday by the New York State Gaming Commission (NYSGC).

Total mobile handle for the week ending Feb. 19 posted at more than $339.56 million, a significant $84.73 million decrease from more than $424.3 million the week before. This was only the third week of the last eight that the total wasn't $400 million or more.

Mobile Gross Gaming Revenue (GGR) totaled more than $23.03 million, a solid $11.03 million increase from the previous week (more than $12 million).

The state collected a nice chunk of change: $11,747,578, a $5.62 million jump from last week ($6,121,839).

New York sports wagering is taxed at 51%, a rate tied with New Hampshire for the highest in the nation. New York sports betting apps have been up and running for a little more than 13 months.

New York Mobile Sports Betting, Feb. 13-19

Mobile handle GGR
FanDuel $137,035,273 $11,318,766
DraftKings $110,789,177 $7,408,352
Caesars $44,587,153 $1,400,239
BetMGM $26,281,752 $1,967,618
BetRivers $9,558,874 $582,200
PointsBet $7,264,693 $98,565
WynnBet $2,785,155 $127,830
Resorts World $1,002,542 $105,662
Bally Bet $262,634 $25,235
Totals $339,567,254 $23,034,467


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Weekly EmpireStakes Nuggets

Only three providers showed a mild increase in total mobile handle: Bally Bet, WynnBET, and NY BetRivers.

Meanwhile, the “big three” all had significant handle decreases, most notably DraftKings NY which dropped from $150.39 million for the week ending Super Bowl Sunday to $110.78 million. DraftKings did see a nice bump for total GGR to $7.4 million from more than $2.9 million.

FanDuel NY ($137.04 million) was No. 1 yet again but had a $28.36 million decrease from a week ago ($165.39 million). Caesars Sportsbook NY dropped $14.27 million from $58.86 million.

Seven of the nine operators had increases in their weekly GGR. The exceptions were PointsBet NY and WynnBET NY.

The top five providers for the week ending Feb. 19:

1. FanDuel NY ($137.04 million handle, $11.3 million GGR)

2. DraftKings NY ($110.79M handle, $7.4M GGR)

3. Caesars NY ($44.59M handle, $1.4M GGR)

4. BetMGM NY ($26.28M handle, $1.96M GGR)

5. BetRivers New York ($9.56M handle, $582,200 GGR) 
New York will be topping $19 billion in handle since launch with next week’s report. The Empire State also has posted $1.575 billion in GGR and collected more than $803.47 million in taxes.

Just a reminder: The NFL Hall of Fame Game kicks off the 2023 NFL season on Thursday, Aug. 3 in Canton, Ohio.

EmpireStakes.com, your source for NY sportsbook promos, closely monitors sports betting revenue reports in the state, both weekly and monthly.

Cumulative Totals, Jan. 8, 2022-Feb. 19, 2023

Mobile handle GGRTaxes
FanDuel $7,652,789,629 $768,655,211$392,014,158
Caesars $3,155,707,865 $233,557,559 $119,114,355
BetMGM $1,540,497,384 $92,464,020 $47,156,650
PointsBet $510,273,774 $29,915,579 $15,256,945
BetRivers $485,091,871 $26,391,274 $13,459,550
WynnBet $110,714,423 $6,793,901 $3,464,890
Resorts World $66,869,462 $3,506,402 $1,788,265
Bally Bet $7,348,269 $472,485 $240,967
Totals$18,997,102,588 $1,575,448,364 $803,478,666




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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