New York Sports Betting Numbers Continue to Be Impressive

New York Sports Betting Numbers Continue to Be Impressive
© USA Today

The impressive figures continue to come in from New York sports betting.

According to the latest numbers from the New York State Gaming Commission, the state took in $572.6 million in bets from January 17-23. Gross gaming revenue during that span was $43.2 million, while taxes from sports betting was $22 million.

Caesars is New York’s Top Operator

Caesars New York Sportsbook took in the largest handle from January 17-23 with $229.7 million. Revenue was $19 million and taxes came to $9.7 million.

FanDuel New York had the second largest handle at $159.7 million and tallied $10 million in revenue and $5.1 million in taxes.

DraftKings Sportsbook New York was third in handle at $131.1 million and recorded $10.8 million in revenue and $5.5 million in taxes.

BetMGM New York had a handle of $40.6 million since going live on Jan. 17. The operator has tallied revenue of $2.5 million and $1.3 million in taxes.

BetRivers New York Sportsbook continued to be well behind the more well-known operators with a handle of $11.6 million and $784,797 in revenue and $400,246 in taxes.

New York Sports Betting Cumulative Totals

Since New York launched online sports betting on Jan. 8 through Jan. 23, the state has a sports betting handle of $1.17 billion and has tallied $91.4 million in revenue and $46.6 million in sports betting taxes.

Caesars Sportsbook has the highest handle during that span at $487.4 million and $41.8 million in revenue and $21.3 million in taxes.

FanDuel is second at $360 million in handle and $24.2 million in revenue and $12.3 million in taxes.

DraftKings handle since launch is $265.5 million and $21.8 million in revenue and $11.1 million in taxes.

BetRivers has produced a sports betting handle of $22.2 million and $1.2 million in revenue. BetRivers also has recorded $628,061 in sports betting taxes.

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