Weekly NY Sports Betting Handle Remains Above $300M Mark

Weekly NY Sports Betting Handle Remains Above $300M Mark
Fact Checked by Pat McLoone

For the second consecutive week, mobile New York sportsbooks surpassed the $300 million mark in total mobile handle.

The news came late Thursday as official numbers for the week ending Oct. 2 were released by the New York State Gaming Commission (NYSGC).

NY betting apps posted more than $322.44 million, a substantial $20.8 million increase from the week ending Sept. 25.

It also marked the third time in the last four weeks that $300M was eclipsed in the Empire State. Overall, the handle number has risen above $300M 19 times since the state launched legalized sports wagering on Jan. 8.

The state’s mobile sports wagering Gross Gaming Revenue (GGR) was more than $17.88 million, a sharp $11.95 million decrease since more than $29.83 million was reported the week before.

New York taxes sports betting at 51%, a rate shared by New Hampshire for the highest in the United States. This week, more than $9.12 million was sent to Albany. 
EmpireStakes.com provides frequent updates on the state’s handle and revenue reports and also is a strong source for NY sportsbook promos.

New York Mobile Sports Betting, Sept. 26-Oct. 2

Mobile handle GGR
FanDuel $127,854,601 $10,407,553
DraftKings $111,447,099 $4,423,551
Caesars $40,406,056 $852,994
BetMGM $21,606,606 $1,787,674
BetRivers $10,112,119 $32,266
PointsBet $7,085,017 $189,201
WynnBet $2,127,661 $129,234
Resorts World $1,351,514 $45,652
Bally Bet $450,100 $20,779
Totals $322,440,774 $17,888,905


DraftKings Posts Solid Handle Number

DraftKingsSportsbook NY posted more than $111.44 million in total handle, a substantial $13.75 million dollar increase from the previous week, and it marked the third time in the last four weeks it has eclipsed $100 million.

Six of the nine mobile sportsbooks had handle increase for the week (FanDuel NY, DraftKings, Caesars NY, PointsBet NY, BallyBet NY and Rush Street Interactive’s NY BetRivers).

FanDuel continued to lead the way in the market, posting more than $127.85 million in total handle, marking the fifth week in a row its handle has surpassed $100 million.

Since launch, FanDuel has posted more than $4.661 billion in total mobile handle, generated more than $428.44 million in GGR and paid out more than $218.5 million in taxes.

Rounding out the top five: Caesars ($40.4 million) came in third, BetMGM ($21.6 million) was fourth and BetRivers ($10.11 million) fifth.

It also should be noted that BallyBet posted $450,100 in total handle, its largest to date since its first reported figure of $67,941 for the week ending July 10 and its highest since $369,633 was reported for the week ending Sept. 4.

Since mobile betting launched in the state Jan. 8, the nine operators combined have accounted for $11,621,541,228 in handle, more than $913.97 million in GGR and more than $466.12 million in taxes to Albany.

Cumulative Totals, Jan. 8-Oct. 2

Mobile handle GGRTaxes
FanDuel $4,661,918,303 $428,446,213$218,507,569
Caesars $2,207,583,032 $166,279,311 $84,802,449
BetMGM $1,018,074,337 $54,947,209 $28,023,077
PointsBet $306,713,177 $20,265,811 $10,335,564
BetRivers $292,937,010 $15,464,019 $7,886,650
WynnBet $63,857,882 $4,905,717 $2,501,916
Resorts World $40,270,027 $2,049,624 $1,045,308
Bally Bet $3,141,276 $224,027 $114,254
Totals $11,621,541,228 $913,973,570 $466,126,521


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.

Cited by leading media organizations, such as: