Only one of the New York sports betting apps – Bally Bet New York – enjoyed an increase in either total handle or Gross Gaming Revenue (GGR) for the week ending May 14.
The official weekly mobile sports betting figures were released late Friday morning by the New York State Gaming Commission (NYSGC).
Welcome to the start of a slowdown in sports wagering for the next few months.
The total mobile New York sports betting handle was more than $318.35 million, down $23.95 million from a week ago ($342.31M), and the second consecutive week the state has had a decrease.
After last week posting the second-highest weekly total mobile GGR number since launch (Jan. 8, 2022), the state posted about $37 million, a $10.9M drop from the week before ($47.94M).
Weekly tax dropped to approximately $18.9M, a $5.56M decrease from $24.45M the previous week.
The state since launch has handled more than $23.439 billion, generated more than $2 billion in GGR, and paid out more than $1 billion in state taxes to Albany.
Bally Stands Alone
Bally Bet New York had the one uptick in the state's weekly numbers with $40,401 in total GGR, marking a $9,101 increase.
Other than that, the rest of the state's providers all were saddled with drops in handle and GGR.
Even the state’s clear No. 1, FanDuel Sportsbook NY ($127.69M), dropped more than $10 million from last week.
Here are the weekly total handle numbers for all nine providers:
- FanDuel: $127,689,364
- DraftKings: $116,457,142
- Caesars: $39,228,259
- BetMGM: $19,367,045
- BetRivers: $8,187,202
- PointsBet: $4,060,840
- WynnBet NY: $1,819,982
- Resorts World: $1,011,185
- Bally Bet: $536,593
