The New York State Gaming Commission reported $50.3 million in mobile sports betting revenue for the week ending May 19 on Thursday, marking the first time operator winnings in the Empire State topped $50 million in back-to-back weeks since sports betting apps became available in January 2022.
Coming on the heels of a record $70.9 million haul generated for the week ending May 12, New York’s nine digital sportsbooks combined for an 11.3% hold on $445.9 million worth of bets placed. The $50.3 million in winnings ranked eighth highest in state history. FanDuel led the charge with a robust 15.1% win rate to claim $27.2 million, its fourth-best week out of 124 in New York.
Six of the nine operators finished with at least $1 million in winnings, and four posted holds of 10% or higher. Fanatics Sportsbook and Resorts World also had top-five all-time revenue totals, and since all nine operators finished with positive revenue for the week, the state reaped an estimated $25.6 million in tax revenue.
All-time mobile handle in New York surpassed $44 billion with the May 19 weekly report.
FanDuel keeps chugging right along
| Mobile Sportsbook | Week Ending Date | Revenue |
|---|---|---|
| DraftKings | May 12, 2024 | $36,518,817 |
| FanDuel | Jan. 14, 2024 | $33,383,093 |
| FanDuel | Sep. 10, 2023 | $32,331,054 |
| FanDuel | Oct. 15, 2023 | $29,551,595 |
| DraftKings | Apri 21, 2024 | $27,314,473 |
| FanDuel | MAY 19, 2024 | $27,201,197 |
| FanDuel | Dec. 10, 2023 | $27,102,678 |
| FanDuel | May 12, 2024 | $26,898,591 |
| FanDuel | Jan. 22, 2023 | $26,569,171 |
| FanDuel | Jan. 21, 2024 | $25,836,353 |
| DraftKings | Aug. 6, 2023 | $25,149,544 |