New York Sports Betting Ending April on Strong Note

• New York’s final full week in April ending on a strong note
• New York’s nine sports betting operators reported more than $56 million in gross gaming revenue
• The state rebounded with a nearly $30 million increase in revenue for the week

New York online sports betting finished its final full week in April on a strong note.

The New York State Gaming commission reported nearly $57 million in gross gaming revenue for the week ending April 27, a nearly $30 million increase compared with the week before.

April will be a more profitable month for the state compared with March, as New York has reported more than $176 million in gross gaming revenue (with three days left unreported) compared with March’s $161.8 million gross gaming revenue total.

April Has Strong Returns

The New York State Gaming Commission reported $526,167,143 in total handle and $56,901,310 in gross gaming revenue for the week ending April 27. It was the most profitable week of the month for the state and one of the month’s highest weekly handles.

FanDuel maintained its top spot in the New York for the week. FanDuel reported $197,609,596 in total handle and $24,114,019 in gross gaming revenue, the most profitable week of the month for FanDuel. DraftKings, the second most successful operator in April, reported $181,268,409 in handle and $20,517,124 in gross gaming revenue for the week.

The New York State Gaming Commission releases handle and revenue reports for its nine live NY sports betting apps, Caesars Sportsbook, DraftKings Sportsbook, FanDuel, BetMGM, Fanatics Sportsbook, Bally Bet, Resorts World Bet, ESPN BET, and BetRivers, at the conclusion of each week.

Here are the handle breakdowns for the nine sportsbooks for the week:

• FanDuel NY: $197,609,596
• DraftKings NY: $181,268,409
• Caesars Sportsbook: $41,070,421
• Fanatics Sportsbook: $40,261,578
• BetMGM NY: $36,016,987
• ESPN BET: $13,885,477
• BetRivers: $10,334,136
• Resorts World: $2,897,758
• Bally Bet: $2,822,781

Here are the total handles for the nine sportsbooks since New York’s Jan. 8, 2022 launch. FanDuel is the only operator in the state to eclipse $26 billion in total handle so far:

• FanDuel: $26,744,725,049
• DraftKings: $22,569,763,485
• Caesars: $7,379,953,027
• BetMGM: $4,812,510,913
• Fanatics Sportsbook: $2,694,652,715
• BetRivers: $1,816,131,917
• ESPN BET: $338,232,470
• Resorts World: $253,284,752
• Bally Bet: $177,176,767

NY Sports Betting Revenues

For the week of April 27, the nine sportsbooks reported a total of $56,901,310 in gross gaming revenue. At New York’s 51% online sports betting tax rate, this resulted in $29,019,668 million in tax revenue.

Here are the total gross gaming revenues for the week:

• FanDuel: $24,114,019
• DraftKings: $20,517,124
• Fanatics Sportsbook: $4,452,289
• BetMGM: $3,532,439
• Caesars Sportsbook: $1,580,533
• ESPN BET: $1,235,702
• BetRivers: $897,651
• Resorts World: $333,814
• Bally Bet: $237,740

Here are the total gross gaming revenues since the Jan. 8, 2022 launch:

• FanDuel: $2,763,288,258
• DraftKings: $1,889,469,822
• Caesars Sportsbook: $533,199,839
• BetMGM: $323,402,427
• Fanatics Sportsbook: $189,134,354
• BetRivers: $112,209,049
• ESPN BET: $21,188,161
• Resorts World: $16,815,267
• Bally Bet: $10,412,500