Weekly New York Sports Betting Handle Back Above 300M Again

Weekly New York Sports Betting Handle Back Above 300M Again
By Lou Monaco
Fact Checked by Pat McLoone

After a brief dip below the $300 million dollar mark in total mobile handle a week earlier, mobile New York sportsbooks bounced back nicely.

The official numbers for the week ending Sept. 25 were released Thursday by the New York State Gaming Commission (NYSGC).

The total wagering handle from NY sports betting apps was more than $301.63 million, a $4.96 million increase ($296.66 million) from the week before and the second time in the last three weeks the handle has eclipsed the $300M level.

It was also only the third time over $300M since the week ending May 8 ($331.73M).

The state’s mobile sports wagering Gross Gaming Revenue (GGR) was at $29.84 million, its first decline since the week ending Aug. 28.

New York taxes sports betting at 51%, joining New Hampshire for the highest rate in the United States. This week, more than $15.2 million was sent to Albany.

EmpireStakes.com closely monitors the state’s handle and revenue reports and also is a sure bet for the best New York sportsbook promo codes.

Slight Increases in Handle for 5 of 9 Mobile Sportsbooks

Five of the nine mobile sportsbooks had slight increases in handle (FanDuel New York, BetMGM New York, PointsBet New York, BetRivers New York and WynnBet New York).

Meanwhile, only two of the nine had weekly increases in GGR (BallyBet New York and Resorts World New York).

DraftKings New York had its two-week streak of nine-figure handles snapped, coming in at more than $97.69 million.

FanDuel New York remained the state’s most dominant provider, posting more than $100 million in mobile handle for the fourth consecutive week ($122.03 million). It marked an increase of nearly $13 million from the week ending Sept. 18 ($109.24 million).

Rounding out the top five in state handle: Caesars New York came in third, posting more than $39.42 million; BetMGM New York had more than $23.86 million and BetRivers NY app had more than $8.79 million.

Since mobile betting launched in the state Jan. 8, the nine operators combined have accounted for $6,616,720,097 in handle and $581,533,210 in GGR.

New York Mobile Sports Betting, Sept. 19-25

 
Mobile handle GGR
FanDuel $122,029,798 $13,318,008
DraftKings $97,694,658 $10,040,540
Caesars $39,429,501 $3,818,314
BetMGM $23,865,,591 $1,998,159
BetRivers $8,797,193 $454,252
PointsBet $5,834,410 $17,570
WynnBet $2,311,111 -$35,854
Resorts World $1,451,905 $217,419
Bally Bet $225,523 $7,916
Totals $301,639,691 $29,836,595

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Contributors

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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