The New York State Gaming Commission reported Wednesday that FanDuel accepted $274.7 million worth of wagers through online betting and its mobile betting app for the week ending Oct. 29, an all-time record for weekly action since New York mobile sports betting launched in January 2022.
Caesars Sportsbook previously held the record at $229.7 million, which it set the week ending Jan. 23, 2022. That was the third week of mobile betting in the state, which came at a time when Caesars made a bold splash in the Empire State with sportsbook bonus offers of $300 in free wagers and initial deposit matches up to $3,000.
It also had been the only instance of weekly handle topping $200 million among any of the state’s nine mobile books. Both FanDuel and DraftKings had flirted with being the second before FanDuel’s breakthrough last week. DraftKings had reported $196.1 million handle the week ending Oct. 2, while FanDuel hit $195.5 million Sept. 10 before inching higher to $198.7 million one week before setting the record.
| Week Ending | Operator | Handle Amount |
|---|---|---|
| October 29, 2023 | FanDuel | $274,702,725 |
| January 23, 2022 | Caesars | $229,709,718 |
| October 22, 2023 | FanDuel | $198,714,913 |
| October 1, 2023 | DraftKings | $196,107,171 |
| September 10, 2023 | FanDuel | $195,516,143 |
| January 16, 2022 | Caesars | $190,23,584 |
| March 19, 2023 | FanDuel | $188,336,202 |
| March 12, 2023 | FanDuel | $185,049,831 |
| January 22, 2023 | FanDuel | $182,396,200 |
| November 27, 2022 | FanDuel | $181,216,921 |
That record handle, though, did not translate into a revenue haul challenging its all-time revenue high of $32.3 million set Sept. 10. Bettors held FanDuel under a 5% hold for the first time since the week ending April 9 as the sportsbook claimed a relatively modest $13.3 million in revenue.