After the first full week of the NFL regular season, it is safe to say that football is back and New York sportsbooks, along with sports bettors, are reaping the benefits.
Official weekly numbers for the week ending Sept. 11 were released Thursday by the New York State Gaming Commission (NYSGC) and the state’s total mobile wagering handle was more than $329.98 million dollars, a huge jump of $86.95 million from the week before ($243.03M).
The handle figure was the highest in the state since $331.73 million for the week ending May 8.
Since the launch of mobile sports wagering in the Empire State, last week’s numbers pushed the total mobile handle over $10.7 billion dollars.
New York was the overall market share leader for sports betting during the NFL's opening weekend with 15.3% of the betting action, according to GeoComply, a geolocation company. Pennsylvania (14.8%) and New Jersey (13.1%) were next. New York's had 15.7 million geolocation hits.
Revenue Continues on Upswing
The state’s mobile sports wagering Gross Gaming Revenue (GGR) had its third consecutive increase to more than $32.56 million, a $5.06M increase from $27.5M the week before. With New York NFL betting fueling the way, it also was the largest GGR since $37M, also for the week ending May 8.
The total GGR since launch is more than $826.48 million dollars.
A bump of more than $2 million from the week before was collected ($16.60) in taxes by Albany. New York taxes sports betting at 51%, joining New Hampshire for the highest rate in the United States. Since January, the state has collected more than $421.5 million.
EmpireStakes.com closely monitors the state’s handle and revenue reports and is a also a good source for the best NY betting promos..
FanDuel, DraftKings Remain Dominant
FanDuel New York posted $128.71 million in weekly handle to lead the way in the state, with its GGR at more than $17.15 million. To date, FanDuel has handled more than $4.3 billion, $387.08 million in total GGR and has paid the state more than $197.41 million.
DraftKings New York was a close second in handle with just short of $117 million, with its weekly GGR totaling more than $8.08 million. To date, DraftKings has handled more than $2.712 billion, $193.54 million in total GGR and has delivered more than $98.7 million in taxes.
Combined, the top two captured almost 75 percent of the market.
Rounding out the top five in state handle: Caesars New York came in third, posting more than $43.07 million; BetMGM New York had more than $23.8 million and NY BetRivers had more than $8.6 million.
