New York Sportsbooks Maintain Strong Revenue Streak Through November
New York sports betting continues its strong momentum with four consecutive weeks of $52+ million in gross gaming revenue during the football season.
The latest report from the New York State Gaming Commission shows $491.5 million in online sports betting handle for the week ending Nov. 17, marking the first week since early October falling short of the $500 million mark. Despite this slight decrease, the state generated $52.8 million in gross gaming revenue.
November handle has already reached $1.57 billion, positioning the state for another potential record-breaking month following October's $2.3 billion milestone.
Football player making touchdown leap
Weekly Handle Breakdown (Nov. 17):
- FanDuel NY: $202.5M
- DraftKings NY: $162.7M
- Fanatics Sportsbook: $37.5M
- BetMGM NY: $34.1M
- Caesars Sportsbook: $33.1M
- BetRivers: $10.1M
- ESPN BET: $8.4M
- Bally Bet: $2.0M
- Resorts World: $1.1M
Total Handle Since Launch (Jan. 8, 2022):
- FanDuel: $22.1B
- DraftKings: $18.4B
- Caesars: $6.6B
- BetMGM: $3.9B
- Fanatics Sportsbook: $1.7B
- BetRivers: $1.6B
- Resorts World: $209.1M
- Bally Bet: $120.6M
- ESPN BET: $67.6M
Weekly Revenue Breakdown (Nov. 17):
- Total Revenue: $52.8M
- Tax Revenue (51% rate): $26.9M
Top Revenue Generators:
- FanDuel: $22.7M
- DraftKings: $16.5M
- Fanatics Sportsbook: $4.6M
- BetMGM: $3.9M
- Caesars Sportsbook: $3.1M
Total Revenue Since Launch:
- FanDuel: $2.3B
- DraftKings: $1.5B
- Caesars Sportsbook: $476.2M
- BetMGM: $259.8M
- Fanatics Sportsbook: $121.8M
- BetRivers: $94.2M
- Resorts World: $13.7M
- Bally Bet: $7.2M
- ESPN BET: $5.4M
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