New York Sports Betting Continues to Bring in Big Numbers
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The New York online sports betting numbers continue to impress as more operators launch and bettors take advantage of the promos being offered.
For the week from January 31 to February 6, New York bettors wagered $359.8 million online. The gross gaming revenue total for that span was $25.5 million, while taxes amounted to $13.1 million.
Since New York went live with its online sports betting market, it has produced $1.98 billion in handle, $138.5 million in revenue and $70.6 million in taxes.
New York Mobile Sports Betting, Jan. 31-Feb. 6
| Mobile handle | GGR | Taxes | |
|---|---|---|---|
| FanDuel | $130,256,763 | $6,632,391 | $3,382,519 |
| DraftKings | $87,253,254 | $8,689,766 | $4,431,781 |
| Caesars | $87,152,547 | $8,770,610 | $4,473,011 |
| BetMGM | $34,260,676 | $443,110 | $225,986 |
| PointsBet | $12,227,944 | $186,059 | $94,890 |
| BetRivers | $8,437,014 | $762,243 | $388,744 |
| WynnBet* | $251,355 | $33,656 | $17,165 |
| Totals | $359,839,553 | $25,517,835 | $13,104,096 |
FanDuel Top Handle Operator for the Week
FanDuel New York Sportsbook recorded the highest handle from January 31 to February 6, taking in $130.2 million in bets. The operator also had $6.6 million in revenue and $3.4 million taxes.
DraftKings New York Sportsbook had the second-highest handle at $87.3 million and posted $8.7 million revenue and $4.4 million taxes.
Caesars Sportsbook New York wasn’t far behind in terms of handle at 487.1 million and had the highest revenue ($8.8 million) and taxes ($4.5 million) of any operator during that span.
BetMGM New Yorktallied a handle of $34.3 million and $443,110 in revenue and $225,986 in revenue.
PointsBet New York had fifth-highest handle at $12.2 million with $186,059 in revenue and $94,890 in taxes.
BetRivers had a handle of $8.4 million and $762,243 in revenue and $388,744 in taxes.
WynnBet launched in New York on Feb. 4 and had a handle of $251,355, a $33,656 revenue and $17,165 in taxes.
Cumulative Totals, Jan. 8-Feb. 6
| Mobile handle | GGR | Taxes | |
|---|---|---|---|
| Caesars | $702,656,891 | $64,657,938 | $32,975,548 |
| FanDuel | $632,048,747 | $30,246,533 | $15,425,732 |
| DraftKings | $454,914,492 | $35,788,546 | $18,252,158 |
| BetMGM | $112,333,575 | $3,668,090 | $1,870,726 |
| PointsBet | $41,693,139 | $2,522,872 | $1,286,665 |
| BetRivers | $40,861,332 | $1,599,278 | $815,632 |
| WynnBet* | $251,355 | $33,656 | $17,165 |
| Totals | $1,984,759,532 | $138,516,913 | $70,643,626 |
Caesars Still Cumulative Total
Since New York launched its online market on Jan. 8, Caesars Sportsbook New York has amassed the highest handle at $702.7 million.
Caesars leads in revenue ($64.7 million) and taxes ($33 million).
FanDuel is second with $632 million in handle and has $30.2 million in revenue and $15.4 million in taxes.
DraftKings New York has $454.9 million in handle, $35.8 million in revenue and $18.3 million in taxes.
BetMGM is fourth in handle at $112.3 million and has recorded $3.7 million in revenue and $1.9 million in taxes.
PointsBet comes in with the fifth-highest cumulative handle at $41.7 million and has $2.5 million in revenue and $1.3 million in taxes.
BetRivers New York Sportsbook has a handle of $40.9 million with a revenue total of $1.6 million and $815,632 in taxes.
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