The first week of the new month proved to be a positive for online New York sportsbooks.
For the second consecutive week, the New York State Gaming Commission (NYSGC) announced Thursday the state’s total mobile wagering handle posted at more than $193.99 million for the week ending August 7, for a solid $16.21 million increase from the $177.77 million the previous week to end the month of July.
The state’s total mobile Gross Gaming Revenue (GGR) generated a mild decrease of $1.14 million, posting at $20.9 million from the previous $22.04 million for the week ending July 30.
Total tax collected for the state was more than $10.65 million.
New York Mobile Sports Betting, Aug. 1-7
Five Operators Increase Weekly Handle
Five providers of NY sports betting apps enjoyed increases in their individual handles, including three of the top four: FanDuel, DraftKings, Caesars Sportsbook New York, as well as Rush Street Interactive (BetRivers) and BallyBet.
Six of the nine providers saw increases in their GGR; however, FanDuel, Resorts World Sportsbook New York and BallyBet Sportsbook New York saw decreases.
Since launch of four mobile providers on Jan. 8, the state has handled to date more than $9.53 billion. The GGR for the year is more than $701.38 million and the total taxes collected to Albany is more than $357.7 million.
Remember that EmpireStakes.com is a dependable source for the state’s revenue reports as well as your site for the best NY betting promos.
Top 4 New York Online Sportsbooks Remain Unchanged
FanDuel New York posted its third straight increase in total handle, posting at more than $84.14 million, a $4.26 million uptick from the previous week and a rise of $16.7 million the last two weeks of reports.
Its GGR recorded at more than $9.85 million, a $3.16 million decrease from the week ending July 31.
FanDuel has generated in excess of $3.81 billion in handle, $325.46M in GGR and more than $165.98M in taxes to the state in 2022.
DraftKings in NY retained second position in the weekly rankings with more than $54.77M in total handle, a huge $10.52M increase from the week prior. Its total GGR was $5.38M, a mild increase from $4.88M the previous week.
To date, DraftKings has handled more than $2.35 billion, $161.12M in GGR and has paid more than $82.17M in taxes.
Caesars Sportsbook New York had a 2.88M increase, its third straight uptick in a row,and posted at more than $27.83M in total handle. Its total GGR, another increase, came in at $2.59M from $1.64M a week ago.
As they close in on the $2 billion mark, Caesars has generated $1.93B in total handle, $140.48M in GGR and more than $71.64M in taxes to Albany.
BetMGM Sportsbook New York was the only one of the top four to see a decrease in total handle, posting at $15.68M, down from $17.2M previously.in total handle and $1.73M in GGR.
Closing in on the $1B total handle mark since launch, BetMGM has registered more than $856.1M in handle, $39.65M in total GGR and inched over the $20M tax mark at $20.22 million.
Cumulative Totals, Jan. 8-Aug. 7
