Second-Highest Revenue Week Ever Highlights NY Sports Betting

Second-Highest Revenue Week Ever Highlights NY Sports Betting
Fact Checked by Pat McLoone

It was a mixed start to May for mobile New York sports betting, but there was one very significant bright spot.

Gross Gaming Revenue (GGR) rose dramatically by more than $10.1 million to $47.9 million. The number was the second-highest weekly number since launch (Jan. 8, 2022) and the highest in the past few months.

Only the week ending Jan. 22 of this year ($57.45 million) surpassed it.

The official figures for the week ending May 7 were released Thursday afternoon by the New York State Gaming Commission (NYSGC). 
Total mobile handle for the week was more than $342 million, a marked $31.87 million drop from $374.2 million last week.

Legislators in Albany were happy as the weekly tax posted at $24.45 million, a solid $5.15 million jump from $19.3 million reported the previous week. New York and New Hampshire have the highest tax rates in the nation at 51%.

Since launch, the state has handled more than $23.121 billion and generated more than $1.966 billion in total GGR.

Adding in this week’s amount, the state now has collected more than $1 billion in taxes ($1.003 billion.)

In addition to weekly revenue reporting, also has New York sportsbook promos.  

New York Mobile Sports Betting, May 1-7

Mobile handle GGR
FanDuel $137,726,029 $22,291,942
DraftKings $122,462,277 $16,529,178
Caesars $39,665,810 $4,028,119
BetMGM $25,439,147 $3,275,864
BetRivers $8,863,433 $1,024,609
PointsBet $4,066,991 $398,714
WynnBet $2,150,371 $197,132
Resorts World $1,349,457 $164,638
Bally Bet $589,411 $31,300
Totals $342,312,925 $47,941,496


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Weekly Operator Rundown

All but one mobile provider (Resorts World Bet) had decreases in weekly total handle. Resorts World Bet enjoyed mild increases in handle and revenue.

Two to note: FanDuel Sportsbook NY, the leading provider in the state, posted more than $137.72 million, a $13.04 million decrease from a week ago ($150.77 million). And DraftKings Sportsbook NY generated $122.46 million, a $14.73 million drop from $137.19 million.

Seven of the nine mobile providers grew in GGR.

The top five weekly providers in total handle:

  1. FanDuel Sportsbook NY $137,726,029
  2. DraftKings NY $122,462,277
  3. Caesars Sportsbook NY $39,665,810
  4. BetMGM NY $25,439,147
  5. BetRivers NY $8,863,433

Cumulative Totals, Jan. 8, 2022-May 7, 2023

Mobile handle GGRTaxes
FanDuel $9,346,069,278 $958,832,810$489,004,733
Caesars $3,676,463,746 $270,059,147 $137,730,165
BetMGM $1,846,656,800 $115,701,200 $59,007,612
BetRivers $604,923,349 $32,760,891 $16,708,054
PointsBet $572,851,800 $34,454,155 $17,571,619
WynnBet $136,098,148 $8,237,066 $4,200,904
Resorts World $82,691,270 $4,226,734 $2,155,634
Bally Bet $13,840,368 $706,970 $360,555


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 ( 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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