The New York State Gaming Commission reported $38.2 million in mobile sports betting revenue for the week ending June 23 as FanDuel continued to run roughshod on Empire State bettors.
Revenue was up 18.7% from the previous week as the nine sports betting apps combined to craft an 11.5% hold against $333.1 million worth of wagers. That was the lightest handle since $312.8 million was wagered for the week ending Sept. 3 — the week before the start of the 2023 NFL season.
Handle was also down 8.2% compared to last week, but it was also enough to send the all-time running mobile total above $46 billion though 129 weeks. All nine operators finished with positive revenue for the week, leading to an estimated $19.5 million in state taxes.
FanDuel Can’t Stop, Won’t Stop
FanDuel pulled off the Empire State “Triple Crown” for the week, leading the nine operators in handle, revenue, and win rate. It posted a double-digit hold for the seventh consecutive week at 15%, keeping $19.7 million of the $131.1 million wagered through its app.