An Up Week and Other Key NY Sports Betting Takeaways

An Up Week and Other Key NY Sports Betting Takeaways
By Lou Monaco
Fact Checked by Pat McLoone

Thanks to a thrilling end to March Madness, New York sports betting operators had a nice start to the month.

That became clear Friday, when official weekly figures were released by the New York State Gaming Commission (NYSGC).

The week’s numbers showed the Empire State has passed $5 billion in total wagers on mobile (more than $5.33 million) since launch more than three months ago.

Here are three takeaways for the week ending April 10:

Nice Upward Trend for First Full Week in April

For the week of April 4-10, New York bettors wagered $335.81 million in total mobile handle. That was an increase from $312.13 million one week earlier.

Also, six of the eight live operators had increases in total weekly handles.

However, total Gross Gaming Revenue (GGR) for the state posted at $12,932,608, a decrease of $2.24 million from $15.18 million a week ago.

New York Mobile Sports Betting, April 4-10

Mobile handle GGR
FanDuel $142,036,677 $7,956,295
DraftKings $83,517,552 $2,444,567
Caesars $49,359,984 $694,637
BetMGM $36,251,500 $1,202,925
PointsBet $12,564,239 Minus-$23,150
BetRivers $9,254,761 $413,504
WynnBet $1,889,788 $180,857
Resorts World $938,209 $62,973
Totals $335,812,711 $12,932,608


Points Bet New York Stepping Up

PointsBet New York led the second four providers for the week ending April 10, showing a huge increase in total handle wagered ($12.56 million), a $6.11 million jump from last week’s $6.45 million. That bears watching, for sure.

Total weekly GGR for PointsBet was a huge decrease, from $362,590 last week to -$23,150.

To date, PointsBet has handled $147.15 million, its total GGR is $8.7 million and taxes to the state are more than $4.43 million.

The other three online operators in New York are BetRivers Sportsbook New York, WynnBet Sportsbook New York and Resorts World Sportsbook New York.

Bally Bet New York is the only one of the nine licensed mobile providers that hasn’t gone live. That might happen by month’s end. Or not.

Cumulative Totals, Jan. 8-April 10

Mobile handle GGRTaxes
FanDuel $1,967,570,694 $121,788,635 $62,112,204
DraftKings $1,302,953,275 $86,925,376 $44,331,942
Caesars $1,298,543,385 $103,346,987 $52,706,963
BetMGM $464,387,401 $13,707,738 $6,990,946
PointsBet $147,145,286 $8,700,066 $4,437,034
BetRivers $125,522,601 $5,347,434 $2,727,191
WynnBet $17,892,768 $2,242,344 $1,143,595
Resorts World $6,307,136 $607,158 $309,651
Totals $5,330,322,544 $342,665,738 $174,759,526


NBA, NHL Playoffs, New Football League Await

The rest of April will bring the start of the NBA playoffs this weekend (Brooklyn Nets), along with the end of the NHL regular season and the start of the Stanley Cup playoffs (New York Rangers) in late April, early May.

NewYorkBets.com has updates and the latest New York sports betting promo codes.

The resurrected United States Football League begins Saturday on three broadcast networks (FOX, NBC, Peacock), along with three other games Sunday.

Will New Yorkers show interest with a local team (New Jersey Generals), and will that interest translate to betting money on the league?

Put it this way: The betting public will continue to be busy in April.

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Contributors

Lou Monaco has been a columnist for Gaming Today in Las Vegas and has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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