With only two NFL games to choose from last weekend, New York’s sports betting handle predictably fell from the previous period.
According to figures from the New York Gaming Commission, the Empire State’s nine online operators combined to take in $422.3 million in wagers during the week ending January 28, marking a 14% decrease week-over-week.
During the previous week, New York sportsbooks recorded their highest betting handle of the month, coinciding with the four NFL Divisional Round playoff games.
While the latest profits of $44.4 million signaled a 6.5% decrease week-over-week, the hold increased from 9.1% to 10.5%. It marked the second time in three weeks that the Empire State posted a double-digit win rate.
Compared to the same week in 2023, revenue jumped 62% while the handle increased 22%.
FanDuel stays on top
A week after all nine operators saw a week-to-week increase in handle, eight watched the amount of money wagered fall. Only Bally Bet saw its handle rise week-over-week.
FanDuel slipped back under $200 million, but the online giant still led New York with a handle of $190.5 million.
DraftKings was second with $144 million wagered for the week, while Caesars experienced a 21.5% decrease in handle with $40.5 million in the week ending Jan. 28. BetMGM reached $24.1 million, hitting at least $20 million in wagers every week since the NFL season began.
As for revenue, no sportsbook in New York ended the week in the red.
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