New York Mobile Sports Betting Breaks $1B Handle Barrier After Second Full Week

At this point, the enquiry isn’t if New York will readiness the book for sports betting palm inward January. The oppugn is by how much.

Figures released Friday past the New House of York State Gaming Commission demo the state’s v roving sports betting apps make generated a handle of nearly $1.18 one thousand million through Jan. 23.

Statewide nomadic betting went unrecorded inward New York on Jan. 8. For perspective, New Jersey did non exceed the $1 1000000000 monthly handgrip print until in conclusion September, to a greater extent than leash years after wandering sports betting went unrecorded inwards the state.

The record monthly sports betting handle for a US commonwealth is $1.3 billion, localize past New island of Jersey inwards October. That figure includes wagers at brick-and-mortar sportsbooks. If you append the January-to-date handgrip from the sportsbooks at its 4 upstate commercial casinos, New York’s boilers suit hold for the month is $1.19 billion.

Gross gaming revenues (GGR) from peregrine gaming sum $91.4 million. The state’s portion out is $46.6 million.

Caesars Still Tops inwards New York

Wagering continued to step-up inwards the back full week of betting.

The cinque sports betting apps reported a handgrip of $572.6 trillion for the calendar week ending finally Sunday. That’s an increase of $140.8 million, or 32.6 percent, from the $431.8 gazillion New Yorkers play ii weeks ago.

Combined GGR for the week was $43.2 million.

Caesars Sportsbook erstwhile once again reigned supreme inward the state. The Las Vegas-based gaming giant’s app reported a hebdomadary handgrip of $229.7 1000000 and GGR of $19 million. To date, Caesars has reported a palm of $487.4 million, which equates to 41.5 percent of the betting activity.

FanDuel reported a one-week hold of $159.7 meg and a GGR of $10 million. For the world-class 16 days of mobile sports betting inwards New York, the Flutter Entertainment firebrand reported a sum up hold of $360 million, a 30.6 percent marketplace share.

DraftKings grip for the week conclusion last-place Sunday was $131.1 million, with a GGR of $10.8 million. The Boston-based sports betting manipulator has a month-to-date palm of $265.5 million, which equals a 22.6 percent market place share.

BetRivers reported a hebdomadary handgrip of $11.6 million, with a GGR of nearly $785,000. For the number one 16 days, the Benjamin Rush Street Interactive make has a add up grip of $22.2 one thousand thousand and a GGR of $1.2 million.

BetMGM Posts First Numbers

Friday’s describe pronounced the for the first time numbers from BetMGM. The sports betting manipulator that’s a reefer stake 'tween MGM Resorts International and Entain PLC officially went live inward New House of York on Jan. 17.

BetMGM missed come out on some NFL playoff action because of a Monday launch. Because of that, its hold for its first off six years inward New House of York was $40.7 million. The manipulator reported a GGR of $2.5 million during that time frame.

Next week’s describe testament stigma the first off numbers from PointsBet, which utmost Monday became the sixth mobile operator to set in motion in the state.

Three more operators await approval from the Gaming Commission to launch. They are BallyBet, Resorts World Bet, and Wynn Interactive.

BallyBet won’t set in motion until April. That’s according to selective information from Bally’s Corp. Chairman Soo Kim.