Record Week for BetRivers Highlights NY Sports Betting Handle

Record Week for BetRivers Highlights NY Sports Betting Handle
Fact Checked by Pat McLoone

An increase in weekly handle is always a positive for New York sportsbooks and that was the case this past week.

Official weekly mobile sports betting figures were released by the New York State Gaming Commission (NYSGC) on Friday morning.

The Empire State posted its second consecutive increase in total mobile handle with more than $343.28 million for the week ending April 9, up $3.41 million from the previous week.

However, the state’s total mobile Gross Gaming Revenue (GGR) went the opposite direction, dropping more than $15.27 million to land at a tad less than $12 million. The number marked the lowest since more than $9.98 million was recorded for the weekend ending Dec. 18, 2022.

Weekly tax shipped to Albany was $6,116,615, a $7.79 million decrease from more than $13M a week ago. New York has a tax rate of 51%, which is tied with New Hampshire for the nation's highest.

Since launch in January of 2002, the state has handled more than $21.710 billion, generated more than $1.792 billion in total GGR and has collected more than $914.07 million in taxes.

EmpireStakes.com provides frequent updates to revenue reports, as well as to NY sportsbook promos.

New York Mobile Sports Betting, April 3-9

 
Mobile handle GGR
FanDuel $142,555,048 $6,888,870
DraftKings $106,382,424 $2,910,418
Caesars $41,184,343 Minus-$178,679
BetMGM $32,072,978 $3,051,842
BetRivers $12,547,655 Minus-$1,031,811
PointsBet $5,085,662 $418,768
WynnBet $1,920,223 Minus-$26,862
Resorts World $1,131,110 Minus-$52,834
Bally Bet $408,766 $13,651
Totals $343,288,210 $11,993,362

 

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NY BetRivers Posts Its Best Week So Far

Six of the nine NY sports betting apps providers had increases in their total mobile handles and one posted its all-time high.

Also of note, FanDuel Sportsbook NY - the most dominant of all nine - posted more than $142.55 million for an $11.83 million increase. Its total GGR was more than $6.88 million, its lowest since $3.99 million was recorded for the week ending Dec. 18, 2022.

DraftKings NY, Caesars NY, WynnBET NY, Resorts World NY and Rush Street Interactive’s NY BetRivers all posted increases. 
 
In fact, NY BetRivers posted more than $12.54 million for the week - its largest ever recorded in the state.

The figures breaks $11.83M posted for the week ending March 12. The company has posted more than $10M in handle for sixth consecutive week and ninth of its last 13.

BetMGM NY posted more than $32.07M in mobile handle, marking a $10.73M decrease from a week ago. 
 
Here are the nine weekly handles:

1. FanDuel ($142.56M)
2. DraftKings NY ($106.38M)
3. Caesars ($41.18M)
4. BetMGM ($32.07M)
5. BetRivers ($12.55M)
6. PointsBet ($5.09M)
7. WynnBET ($1.92M)
8. Resorts World ($1.13M)
9. Bally Bet ($408,766)

Cumulative Totals, Jan. 8, 2022-April 9, 2023

 
Mobile handle GGRTaxes
FanDuel $8,770,890,648 $875,624,393$446,568,440
DraftKings$6,350,731,876$482,553,570$246,102,321
Caesars $3,507,004,358 $253,761,652 $129,418,443
BetMGM $1,749,357,749 $105,460,660 $53,784,937
BetRivers $563,321,437 $29,983,040 $15,291,350
PointsBet $555,802,067 $32,815,865 $16,736,091
WynnBet $126,688,812 $7,523,145 $3,836,804
Resorts World $74,911,768 $3,954,621 $2,016,857
Bally Bet $11,522,090 $620,340 $316,373
Totals$21,710,230,804 $1,792,297,289 $914,071,617
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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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