NY Weekly Sports Handle Keeps Pace with Last Week

NY Weekly Sports Handle Keeps Pace with Last Week
Fact Checked by Pat McLoone

Up is up.

The last official weekly mobile New York sports betting figures for April were released Friday morning by the New York State Gaming Commission (NYSGC) and showed a mild uptick from the previous week.

Total mobile handle for the week ending April 30 generated more than $374 million, a $1.05 million increase from $373.14M for the week ending April 23. Total Gross Gaming Revenue (GGR) dropped more than $7.19 million, to more than $37.83 million, after recording more than $45 million last week.

Weekly tax posted at nearly $19.3 million, a $3.67 million decrease.  The Empire State is tied with New Hampshire for the highest tax rate in the nation at 51%.

Since launch on Jan. 8, 2002, the state has handled more than $22.778 billion, generated more than $1.918 billion in total GGR and is inching closer to $1 billion in taxes to Albany with $978.4 million.

New York Mobile Sports Betting, April 24-30

 
Mobile handle GGR
FanDuel $150,773,362 $18,048,462
DraftKings $137,194,301 $12,198,886
Caesars $41,769,266 $3,722,144
BetMGM $25,593,537 $2,309,936
BetRivers $9,925,698 $850,272
PointsBet $4,546,125 $414,263
WynnBet $2,606,844 $172,083
Resorts World $1,166,787 $90,121
Bally Bet $614,307 $33,316
Totals $374,190,226 $37,839,483

 

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Inside the Numbers

Five of the nine NY betting apps providers enjoyed increases in handle, but only three showed upticks in total GGR.

BetMGM NY and PointsBet NY were the only two to show increases in both categories.

FanDuel New York, the state’s most dominant provider, generated more than $150 million in handle, its highest since more than $155.68 million was recorded for the week ending March 26. Since launch, FanDuel has surpassed the $9 billion mark in cumulative handle. FanDuel also has posted more than $936.54 million in total GGR and paid $477.63 million in taxes.

DraftKings NY posted more than $137.19 million in total handle, its largest number since about $154.08 million was generated for the week ending March 19.

NY BetRivers dipped to $9.93 million, ending an eight-week streak of more than $10M in weekly handle. It was its lowest since $9.27 million for the week ending Feb. 26.

Cumulative Totals, Jan. 8, 2022-April 30, 2023

 
Mobile handle GGRTaxes
FanDuel $9,208,343,249 $936,540,869$477,635,843
DraftKings$6,719,185,179$524,857,919$267,677,539
Caesars $3,636,797,936 $266,031,028 $135,675,824
BetMGM $1,821,217,654 $112,425,336 $57,336,921
BetRivers $596,059,916 $31,736,282 $16,185,504
PointsBet $568,784,809 $34,055,442 $17,368,275
WynnBet $133,947,777 $8,039,934 $4,100,366
Resorts World $81,341,813 $4,062,095 $2,071,668
Bally Bet $13,250,957 $675,670 $344,592
Totals$22,778,929,288 $1,918,424,579 $978,396,535
Terms apply for all bonuses. Must be 21+ to participate.  
Must be 21+ to participate. T&Cs apply.
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Author

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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