The end of March and the first couple of days of April brought more seasonal decline for New York sportsbooks.
Official weekly mobile sports betting figures were released by the New York State Gaming Commission (NYSGC) on Thursday.
The Empire State recorded its third consecutive decline since more than $459.98 million was handled for the week ending March 19.
The handle was more than $339.87 million, a $22.78 million drop from more than $362.65 million the previous week. In the past two weeks, handle in the state has dropped by more than $120 million.
The state’s total mobile Gross Gaming Revenue (GGR) also had a considerable drop after recording the third-highest number for any week since launch on Jan. 8, 2022. The GGR totaled more than $27.26 million for a $16.49 million drop.
Weekly tax collected from NY sports betting apps was $13,907,481, an $8.42 million decrease from $22.32 million a week ago.
New York's tax rate is 51%, tied with New Hampshire for the nation's highest.
Since launch, the state has handled more than $21.366 billion, generated more than $1.780 billion in total GGR and has collected more than $907.95 million in taxes.
EmpireStakes.com provides frequent updates on sports betting revenue reports.
New York Mobile Sports Betting, March 27-April 2
| Mobile handle | GGR |
|---|
| FanDuel | $130,717,990 | $14,705,432 |
| DraftKings | $105,947,508 | $9,339,014 |
| BetMGM | $42,808,123 | (-$1,840,577) |
| Caesars | $40,118,415 | $3,908,771 |
| BetRivers | $11,079,332 | $662,211 |
| PointsBet | $6,093,964 | $254,571 |
| WynnBet | $1,587,358 | $143,184 |
| Resorts World | $1,056,125 | $91,566 |
| Bally Bet | $465,230 | $5,398 |
| Totals | $339,874,045 | $27,269,571 |
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BetMGM Among Few to Increase
Just three of the nine mobile providers in the state increased handle for the week, most notably BetMGM NY ($42.80 million), up $18.3 million.
PointsBet NY and Resorts World NY also had mild increases, with Resorts World going past the $1M mark for the third time in the last four weeks.
FanDuel NY posted about $130.72 million in handle, a more than $24.96 million decrease from a week ago ($155.67 million).
DraftKings recorded more than $105.94 million, a $10.32 million decrease from the previous week ($116.26 million).
Caesars Sportsbook NY and WynnBET were the only two providers to show mild increases in their total GGR.
Cumulative Totals, Jan. 8, 2022-April 2, 2023
| Mobile handle | GGR | Taxes |
|---|
| FanDuel | $8,628,335,601 | $868,735,523 | $443,055,117 |
| DraftKings | $6,244,349,452 | $479,643,152 | $244,618,008 |
| Caesars | $3,465,820,015 | $253,940,331 | $129,509,569 |
| BetMGM | $1,717,284,770 | $102,408,817 | $52,228,497 |
| BetRivers | $550,773,783 | $31,014,851 | $15,817,574 |
| PointsBet | $550,716,404 | $32,397,098 | $16,522,520 |
| WynnBet | $124,768,589 | $7,550,007 | $3,850,504 |
| Resorts World | $73,780,658 | $4,007,455 | $2,043,802 |
| Bally Bet | $11,113,323 | $606,689 | $309,411 |
| Totals | $21,366,942,593 | $1,780,303,927 | $907,955,003 |
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