New York Sports Betting Has Insane Month of November

• New York sports betting had its most profitable month ever in November
• The state took in more than $118 million in sports betting tax revenue for the month
• New York sports bettors wagered more than $2.26 billion in the month

The most massive sports betting market in the country had its most profitable month of business ever.

New York took in more than $118.1 million in sports betting tax revenue during the month of November, the most profitable month of sports betting the Empire State has ever had since launching in January 2022.

The state reported a whopping $231.57 million in gross gaming revenue for the month, with bettors wagering $2,265,089,204 total in November.

Football Season Has Been Kind to New York

Football is king in the sports betting world, and has been proved as such in New York. Since September, the state reported $312,440,266 in sports betting tax revenue, the most profitable three-month span in the state’s sports betting history.

The success continued into the first week of December, as the New York State Gaming Commission reported $512,881,753 in online sports betting handle for the week ending Dec. 8. The week also saw $36.8 million in gross gaming revenue.

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 ending Dec. 8.

• FanDuel NY: $213,084,635
• DraftKings NY: $165,031,774
• BetMGM NY: $42,421,182
• Caesars Sportsbook: $36,304,782
• Fanatics Sportsbook: $32,632,503
• BetRivers: $10,594,925
• ESPN BET: $7,555,173
• Bally Bet: $4,189,654
• Resorts World: $1,067,125

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 $22 billion in total handle so far.

• FanDuel: $22,771,069,421
• DraftKings: $18,919,386,690
• Caesars: $6,672,954,876
• BetMGM: $4,052,408,879
• BetRivers: $1,601,454,671
• Fanatics Sportsbook: $1,837,647,054
• Resorts World: $212,551,998
• Bally Bet: $130,478,032
• ESPN BET: $93,097,559

NY Sports Betting Revenues

For the week of Dec. 8, the nine sportsbooks reported a total of $36,827,833 in gross gaming revenue. At New York’s 51% online sports betting tax rate, this resulted in $18,782,194 million in tax revenue.

Here are the total gross gaming revenues for the week:

• FanDuel: $16,740,950
• DraftKings: $12,757,163
• Fanatics Sportsbook: $2,403,702
• Caesars Sportsbook: $2,363,195
• BetMGM: $1,428,922
• BetRivers: $648,691
• ESPN BET: $315,514
• Bally Bet: $89,433
• Resorts World: $80,262

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

• FanDuel: $2,366,966,547
• DraftKings: $1,596,212,844
• Caesars Sportsbook: $483,816,834
• BetMGM: $266,248,092
• Fanatics Sportsbook: $130,471,824
• BetRivers: $97,102,819
• Resorts World: $13,966,408
• Bally Bet: $7,707,648
• ESPN BET: $6,650,335