One full year is officially in the books for New York sportsbooks, as two records were shattered to start the new year on a winning note.
Here are three takeaways from January’s official mobile figures, released Thursday afternoon by the New York State Gaming Commission (NYSGC):
Mobile Handle, Revenue Records Smashed
Total mobile handle for the month blew by $1.7 billion, posting at more than $1.788 billion. That topped the old state and national record of more than $1.669 billion, set last January. Mobile sports betting officially launched in the state Jan. 8, 2022, so last January was a partial month.
The state’s total Gross Gaming Revenue (GGR) generated more than $149.42 million, up more than 5% from December and breaking the old record of $148.22 million set in Nov. 2022.
NFL Is King
Despite early exits in the playoffs for the New York Giants and Buffalo Bills and another year of disappointment for the New York Jets, this is why the NFL reigns in sports wagering.
After four consecutive months of weekly pro football action, bettors never grew weary, hitting the NFL playoffs on NY betting apps with the same vigor and cash as it did all season long, despite its hometown heroes not meeting the moment. To be fair, the Giants did exceed expectations by actually making the playoffs.
The sad thing is that, come early Monday morning, another successful season will be in the books and another six months of hibernation goes into effect until the start of the exhibition season in August.
FanDuel Dominates Big Apple
Eight of the nine mobile providers in the state enjoyed increases across the board, with FanDuel NY taking the reins yet again.
FanDuel propelled above the field in January with more than $726.65 million in total mobile handle. The new number was the highest ever by FanDuel in the state, eclipsing the old mark of $673.05 million last March.
It also marked a whopping $63.4 million increase from $663.24 million in December.
Rounding out the top five in total mobile handle for January: Caesars New York ($223.70 million), BetMGM Sportsbook NY ($122.93 million) and PointsBet NY ($57.95 million).
NewYorkBets.com is a great source for analysis of New York betting revenue as well as for NY sportsbook promos.