New York Online Sports Betting Stumbles Into Football Season

The NFL season can t start soon enough for .

The New York State Gaming Commission reported $312,772,147 in online sports betting handle for the week ending Sept. 3, one of its highest weekly handle totals since the summer began.

However, it also reported the second lowest weekly gross gaming revenue total since launching in January 2022, noting just $8.3 million in gross gaming revenue for the week as the state moves into the beginning of the NFL season.

New York Sports Bettors Took it to Operators

The $8.3 million in gross gaming revenue for the week was the second lowest revenue total ever for the state. The lowest weekly total, $6.2 million, came for the week ending July 17, 2022. It s only the third time the state has seen a gross gaming revenue come in lower than $10 million.

Also, for the first time in its 87-week run, DraftKings reported a gross gaming revenue loss, losing $3.4 million to customers in the week. The online sports betting operator reported $116.35 million in handle for the week, it s second highest weekly handle since July.

The New York State Gaming Commission releases handle and revenue reports for Caesars Sportsbook, DraftKings Sportsbook, FanDuel, BetMGM, WynnBET, PointsBet, Bally Bet, Resorts World Bet, and BetRivers at the conclusion of each week.

Overall, the state gaming commission $312,772,147 in total online sports betting handle and $8,303,408 in revenue for the week ending Sept. 3.

Here are the handle breakdowns for the nine sportsbooks for the week ending Sept. 3:

: $122,242,389
: $116,356,211
: $36,253,698
: $18,515,622
BetRivers: $10,076,990
PointsBet: $5,674,554
WynnBET: $2,123,677
Resorts World: $1,529,005
Bally Bet: $0

Bally Bet  operations on June 22 while it transitions to Kambi’s sports betting platform. It will likely come back online before the year is out.

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 $10 billion in total handle so far.

FanDuel: $11,041,807,750
DraftKings: $8,525,314,532
Caesars: $4,174,283,606
BetMGM: $2,136,120,146
BetRivers: $740,610,360
PointsBet: $637,390,482
WynnBET: $165,062,404
Resorts World: $98,588,540
Bally Bet: $16,370,924
NY Sports Betting Revenues

For the week of Sept. 3, the nine sportsbooks reported a total of $8,303,408 in gross gaming revenue.

At New York’s 51% online sports betting tax rate, this resulted in $4,234,738 million in tax revenue.

Here are the total gross gaming revenues for the week:

FanDuel: $7,289,351
BetMGM: $1,674,000
Caesars: $1,538,928
BetRivers: $915,055
PointsBet: $237,634
Resorts World: $110,110
Bally Bet: $0
WynnBET: ($36,727)
DraftKings: ($3,424,944)

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

FanDuel: $1,147,256,143
DraftKings: $687,762,215
Caesars: $308,890,328
BetMGM: $142,274,319
BetRivers: $46,643,570
PointsBet: $38,567,359
WynnBET: $10,135,582
Resorts World: $5,522,111
Bally Bet: $917,669

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