FanDuel is not the only mobile sportsbook in New York capable of putting up a double-digit hold.
Six of the Empire State’s nine digital operators attained win rates of 11% or better for the week ending July 28 according to New York State Gaming Commission figures released Friday as they claimed $34.3 million in sports betting revenue.
The 12.6% overall hold ranks 15th in 134 weeks of mobile betting and was the highest since a 13.3% win rate achieved May 12. It also marks the first time in New York mobile wagering — which launched in January 2022 — the collective win rate has been 11% or higher for four consecutive weeks.
Handle rebounded following the MLB All-Star break, climbing 21% to $271.7 million. That was 24.7% higher than the first week of mobile betting following last year’s Midsummer Classic. Revenue was up 36.7% as the week’s hold was nearly 1.5 percentage points higher than the 11.2% fashioned for July 21.