FanDuel Passes $9B, Resorts World Has Its Best Week

Weekly mobile New York sports betting figures for the week ending April 23 showed why New York is tops in the nation.

The numbers also had the state’s No. 1 operator, FanDuel NY, cross over another major milestone.

Total mobile handle posted at more than $373 million, a huge $51.76 million increase from the week before ($321.37M).

The weekly report, as always, came from the New York State Gaming Commission (NYSGC).

Total Gross Gaming Revenue (GGR) generated more than $45 million, which was $1.78 million more than last week ($43.25 million). It also was the highest recorded since more than $57.45 million for the week ending Jan. 22.

Weekly tax posted at more than $22.96 million. New York has a tax rate of 51%, which is tied with New Hampshire for the nation's highest.

Since launch on Jan. 8, 2002, the state has handled more than $22.4 billion, generated more than $1.88 billion in total GGR and collected more than $959 million in taxes.

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Significant Milestones Among Providers

Going inside the New York betting apps numbers, several significant milestones were posted.

• Eight of the nine had increases in weekly handle, highlighted by FanDuel Sportsbook New York. FanDuel posted more than $150.38 million, a solid $14 million increase from the previous week.
• More importantly, FanDuel went over the $9 billion mark in cumulative handle. Since launch, FanDuel has posted more than $9.057 billion in handle, $918.49 million in total GGR and $468 million in taxes paid to Albany.
• Resorts World New York blew away its best-ever weekly figure. RW generated more than $3.47 million in total handle, a $1.69 million increase from the state's last report and its largest since first appearing in weekly figures March 6, 2022.
• DraftKings Sportsbook New York posted $129.27 million in total handle, a big $27.28 million jump from a week ago. DK passed the $500M mark in cumulative GGR. Since launch, DraftKings has generated more than $6.58 billion in handle, $512.65 million in GGR and $261.45 million in taxes.
• Caesars Sportsbook NY recorded over $47.1 million in total handle, a nice $6 million jump from the previous week.